Taiwan Focus: Interview - facilitating cross-strait investments

| BY

clpstaff &clp articles

C Y Huang, Chairman of the Taiwan Mergers & Acquisitions and Private Equity Council (MAPE) spoke to David Tring about the Council's role in assisting cross-strait investments, the deals they have worked on and outlook for relations




What is the history and mission of the Council?

The Council was founded three and half years ago and its main purpose is to promote general understanding of Taiwan M&A and PE. We also lobby on behalf of members with the regulatory authorities. For example, in 2011 we assisted Kohlberg Kravis Roberts (KKR), when they were trying to take the electronics component manufacturer Yageo private. We lobbied very hard with the government authorities. The Council also interacts with counterpart organisations in mainland China, Hong Kong, Japan and other places.

What is the role of the Council when it comes to cross-strait investments?

We are actively promoting PRC investments into Taiwan. Last year, we published a book on how to invest in Taiwan. The book comprises 57 chapters covering every aspect of investments from regulatory to financial and legal. The Council helps PRC companies find partners for their investments in Taiwan. For example, we worked on a leading deal between an SOE that invested and formed a joint venture (JV) with a Taiwanese company. The JV involved Beijing Enterprise Holdings, which manufactures the popular brand Yanjing Beer. The company came to Taiwan about two years ago and the Council helped them locate the Taiwanese partner AGV, one of the leading food and beverage companies in Taiwan. AGV helps to distribute Yanjing Beer in Taiwan and at the same time Beijing Enterprise also formed a joint venture with AGV's subsidiary in Beijing, producing dairy products.

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]