TLDC urges government to help it end cash woes
PLEA: The company said that it needs NT$1 billion, which it could acquire if local governments settled their disputes with it and it could sell some of its land
By Crystal Hsu / Staff reporter
Taiwan Land Development Corp (TLDC, 台灣土地開發) yesterday asked the government to remove obstacles so that it could sell land to end its cash problems, causing its shares to plunge by the daily limit, with margin trading to be suspended, starting today.
“All the company needs is a cash injection of NT$1 billion [US$35.1 million] for its shares to qualify for credit trading again,” TLDC chairman Chiu Fu-sheng (邱復生) told a news conference in Taipei, protesting the labeling of the company’s stock as full delivery shares.
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You Are Here:Home → 2020 → December → 24 → Farmers in Lupang Ramos successful vs. threats of eviction days before Christmas
Farmers in Lupang Ramos successful vs. threats of eviction days before Christmas
Supporters from different sectors and organizations stage a protest in front of the NGCP office in Dasmarinas, December 21, 2020. (Photo courtesy of Gabriela Youth-Laguna)
“This is a big victory for us because we were able to defend our rights to the land that our families have owned for generations.”
By JUSTIN UMALI
SANTA ROSA, Laguna – Farmers and residents of Lupang Ramos in barangay Langkaan 1, Dasmariñas, Cavite can celebrate their Christmas in relative peace after successfully preventing the local government from proceeding with its planned forced eviction, December 22.