Chester Koo (
The news of his death comes just two weeks after
Koo retired as head of China Life.
The Koo family, one of Taiwan's richest with interests ranging from cement to communications, made an official announcement yesterday afternoon.
Nelson Chang (張安平), chief operating officer of GigaMedia, has been appointed to temporarily act as the broadband Internet service provider's chairman, the statement said.
Koo, 49, and his father Koo Chen-fu (
Koo Chen-fu, chairman of Koos Group (
In light of Chester Koo's death, China Life shares fell as much as 3.1 percent to NT$9.55 in early Taiwan trading. But the shares soon recovered to NT$10.20 at around 10am before closed at NT$9.85.
A Taiwan Cement Corp (
Meanwhile, the question of who would lead a proposed joint venture between GigaMedia and Star TV, a satellite television unit of the US-based News Corp, remains unknown. Earlier this month, the two announced a US$100 million venture to provide interactive TV service in Taiwan late next year or early 2003. Both companies were to hold equal shares in the venture with Chester Koo designated to chair the new entity.
The Taipei MRT is open all night tonight following New Year’s Eve festivities, and is offering free rides from nearby Green Line stations. Taipei’s 2025 New Year’s Eve celebrations kick off at Taipei City Hall Square tonight, with performances from the boy band Energy, the South Korean girl group Apink, and singers Gigi Leung (梁詠琪) and Faith Yang (楊乃文). Taipei 101’s annual New Year’s firework display follows at midnight, themed around Taiwan’s Premier12 baseball championship. Estimates say there will be about 200,000 people in attendance, which is more than usual as this year’s celebrations overlap with A-mei’s (張惠妹) concert at Taipei Dome. There are
LOOKING FOR WHEELS: The military is seeking 8x8 single-chassis vehicles to test the new missile and potentially replace the nation’s existing launch vehicles, the source said Taiwan is developing a hypersonic missile based on the Ching Tien (擎天) supersonic cruise missile, and a Czech-made truck has been tentatively selected as its launch vehicle, a source said yesterday. The Ching Tien, formerly known as Yun Feng (雲峰, “Cloud Peak”), is a domestically developed missile with a range of 1,200km to 2,000km being deployed in casemate-type positions as of last month, an official said, speaking on the condition of anonymity. The hypersonic missile to be derived from the Ching Tien would feature improved range and a mobile launch platform, while the latter would most likely be a 12x12 single chassis
UP AND DOWN: The route would include a 16.4km underground section from Zuoying to Fongshan and a 9.5km elevated part from Fongshan to Pingtung Premier Cho Jung-tai (卓榮泰) yesterday confirmed a project to extend the high-speed rail (HSR) to Pingtung County through Kaohsiung. Cho made the announcement at a ceremony commemorating the completion of a dome at Kaohsiung Main Station. The Ministry of Transportation and Communications approved the HSR expansion in 2019 using a route that branches off a line from Zuoying Station in Kaohsiung’s Zuoying District (左營). The project was ultimately delayed due to a lack of support for the route. The Zuoying route would have trains stop at the Zuoying Station and return to a junction before traveling southward to Pingtung County’s Lioukuaicuo Township (六塊厝).
The Mainland Affairs Council (MAC) yesterday vowed to investigate claims made in a YouTube video about China’s efforts to politically influence young Taiwanese and encourage them to apply for Chinese ID cards. The council’s comments follow Saturday’s release of a video by Taiwanese rapper Chen Po-yuan (陳柏源) and YouTuber “Pa Chiung (八炯)” on China’s “united front” tactics. It is the second video on the subject the pair have released this month. In the video, Chen visits the Taiwan Youth Entrepreneurship Park in Quanzhou in China’s Fujian Province and the Strait Herald news platform in Xiamen, China. The Strait Herald — owned by newspaper
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