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Evergreen Group denies intervention in Taiwan High Speed Rail
Central News Agency
2014-03-13 10:56 PM
Taipei, March 13 (CNA) Taiwanese conglomerate Evergreen Group denied Thursday that it is trying to influence the running of the Taiwan High Speed Rail Corp. (THSRC) after one of its former high-ranking executives was elected to head Taiwan's only high speed rail operator. The board of directors of the rail system approved that day the appointment of James Jeng, former chairman of Uni Airways Corp., a subsidiary of the Evergreen Group, as chief executive officer of the high speed rail operator. The move has raised concerns that Evergreen Group, a conglomerate of shipping and transportation service providers, is trying to influence the running of the bullet train service with Jeng's new position, in a bid to expand its business reach. But Evergreen Group responded in a statement Thursday that Jeng had already resigned from the Evergreen Group because of his personal career plans, and that the company respects his decision to join the THSRC. Before heading to the high speed rail company, Jeng had served as chairman of Uni Airways and EVA Airways Corp. Both are subsidiaries of the Evergreen Group. He has prior experience working for rail operator. He had served as a deputy project manager for the operation plans of the Taiwan High Speed Rail in the preparatory stage of the company. Also during the Thursday meeting of the company's board of directors, Tony Fan, a board representative of the Taipei-based China Aviation Development Foundation, was elected chairman of the Taiwan High Speed Rail after former Chairman Ou Chin-der's abrupt resignation earlier this month. Ou resigned March 5 to shoulder responsibility for the bullet train service's operational glitches over the past few months, particularly after the company raised ticket prices. (By Wang Shu-feng and Jeffrey Wu)
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