Taiwan High Court notified Lungteh Shipbuilding's (TPE:6753) chairman, Huang Shou-Chen, that prosecutors have appealed his not-guilty verdict in a corruption case related to military shipbuilding.
The Taoyuan District Court had acquitted him in August 2024, but prosecutors contested the ruling, according to a Monday Taiwan Exchange filing.
The shipbuilding company reiterated that it completed the project in full compliance with legal and contractual requirements, and expects no impact on its operations or finances.
Shares of Lungteh Shipbuilding gained about 3% recently.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。