Taiwan tycoon Wang Yung-ching dies
16/10/2008 16:04
Wang Yung-ching, founder of Taiwan's Formosa Plastics Group, died in sleep
yesterday at the age of 91, the group announced in Taipei today.
Wang died
early yesterday morning in New York during a business tour to the United States
from Oct. 11, the group said in a statement.
Wang set up the Formosa Plastics
Corporation in 1954, which is now a major conglomerate in Taiwan. Its business
covers biotechnology, petrochemical processing and electronic components
production.
Xinhua
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