Gunmen shot and killed a Taiwanese trader on Friday night in southern Philippines, according to a local media report Saturday morning.

The victim, William Tsu, was attacked and killed by two unknown gunmen while about to park his vehicle near a shopping mall in the southern city of Cagayan de Oro.

A local radio reported quoting police as saying that Tsu died of four gunshot wounds in his body.

An investigation is going on to determine the perpetrators behind the attack.