Taiwan’s cement firm boss falls to death
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By Femi SHODUNKE
TAIWAN: TWO days after falling from upstairs a Taiwanese business mogul, Leslie Cheng-yun Koo, has died.
Koo, who is the Chairman and President of Taiwan Cement Corporation (TTC), died on Monday from the injuries he sustained after tumbling while attending a wedding banquet at the Regent Taipei.
GatewayMail gathered that the 62-year-old business chief suffered life-threatening injuries and was quickly rushed to Mackay Memorial Hospital for emergency treatment.
It was also learnt that Koo, who headed the island’s top cement maker and the sixth largest in China, suffered severe head trauma which necessitated being placed in an intensive care unit at Mackay Hospital.
Koo, who was the TCC General Manager since 1991 before his elevation as the chairman in 2003, was later transferred to Cheng Hsin Hospital where he eventually died.
The late business magnate has been succeeded by his in-law, Nelson Chang, who has been a member of the board and will act as the Chairman and Chief Executive.
Chang in a chat with journalists lamented the death of his wife’s elder brother. “We feel deeply sorry about the accident that was so unexpected,” he said, adding: “Chairman Koo was a great and beloved leader. Under his disciplined and excellent leadership, the company has a very solid foundation.”
He added: “We will execute what he has planned for 2017. As for the industry outlook for the overall cement industry, we believe the year 2017 will be definitely better than 2016.”
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