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Investments

1

Portfolio Exits

1

About Taiwan Sugar

Taiwan Sugar Corporation provides agricultural, industrial, and livestock agribusiness services inlcududing sugar, processed sugar products and by-products of sugar processing, agriculture products, animal and meat products, edible oils, animal feeds, and beverages.

Taiwan Sugar Headquarter Location

Taiwan

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Latest Taiwan Sugar News

Low salaries slowing railway inspector recruitment

May 15, 2022

Low salaries slowing railway inspector recruitment IMPORTANT: The Railway Bureau said that inspectors would oversee the safety of the TRA, high-speed railway, Taiwan Sugar Railway and Alishan Forest Railway networks Staff writer, with CNA A lack of higher salaries is the main reason that the Railway Bureau has been unable to recruit an adequate number of railway inspectors, Taiwan Transportation Safety Board Chairman Young Hong-tsu (楊宏智) said yesterday. The bureau decided to hire railway inspectors to enhance safety following the derailments of Puyuma Express No. 408 last year, resulting in a total of 67 dead and 479 injured. The responsibilities of a railway inspector are similar to those of an aviation inspector, to review all railway procedures, equipment and the train to ensure that everything complies with the safety regulations, the bureau said. A Taiwan Railways Administration employee stands next to a train on a platform at Taipei Main Station on Saturday. Photo: CNA The railway inspectors would oversee the safety of not only the Taiwan Railways Administration’s railway network, but also the networks of the high-speed railway, the Taiwan Sugar Railway and the Alishan Forest Railway, the bureau said, adding that it has requested approval from the Executive Yuan to hire 42 railway inspectors. Last year, it planned to hire 16 inspectors, but only 12 people took the job test, two of whom made it through the final recruitment round. This year, the bureau plans to recruit 30 inspectors. While 41 people took the exam, eight secured a second-round interview. Even if all eight make it through the final phase, the bureau would not reach its goal. The salaries offered to railway inspectors are not a strong enough incentive for people to apply, Young said. “The Taiwan Railways Administration’s national network is about 1,200km of track. Higher salaries are crucial if the bureau wants to find qualified people to be inspectors. The bureau should convince the Directorate-General of Personnel Administration that the position is key to enhancing railway safety,” he said. The monthly salary of a railway incident investigator with more than 10 years of experience is NT$100,000 or more, Young said, adding that he has requested that specialists working for the board receive reasonable salaries. Railway Bureau Director-General Wu Sheng-yuan (伍勝園) said that the bureau proposed that the salaries of railway inspectors be comparable to those of specialists working at the Taiwan Transportation Safety Board, but the proposal was rejected by the Directorate-General of Personnel Administration. The bureau has been offering assistant inspectors (those with at least four years of work experience) a starting salary of NT$56,061, while senior inspectors (at least six years of experience) are offered NT$63,218 and chief inspectors (at least 10 years) are offered NT$70,375. Comments will be moderated. Keep comments relevant to the article. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned. Final decision will be at the discretion of the Taipei Times.

Taiwan Sugar Investments

1 Investments

Taiwan Sugar has made 1 investments. Their latest investment was in TaiGen Biotechnology as part of their Series C on January 1, 2009.

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Taiwan Sugar Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/20/2009

Series C

TaiGen Biotechnology

$37M

Yes

Date

1/20/2009

Round

Series C

Company

TaiGen Biotechnology

Amount

$37M

New?

Yes

Co-Investors

Sources

Taiwan Sugar Portfolio Exits

1 Portfolio Exit

Taiwan Sugar has 1 portfolio exit. Their latest portfolio exit was TaiGen Biotechnology on January 21, 2014.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

1/21/2014

IPO

$99M

Public

1

Date

1/21/2014

Exit

IPO

Companies

Valuation

$99M

Acquirer

Public

Sources

1

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