TIH Seeks Fair Investigation from Financial Supervisory Commission Amid Accusations of Being a Chinese Entity
Recently, Cognizant Technology Solutions has been accused of being a Chinese entity due to its involvement in a board election. Singapore-based foreign investment firm TIH has strongly opposed these claims and cooperated with the Financial Supervisory Commission (FSC) for investigation. TIH urges the FSC to conduct a fair investigation, warning that if investigations arise simply from exercising shareholder rights, it would create a chilling effect on shareholder activism.
TIH emphasizes its asset management experience in Asia for over 20 years and its long-term investments in Taiwan. The firm remains committed to cooperating with the FSC's inquiries while calling for the highest standards of confidentiality regarding personal data to prevent leaks.
