Nan Hai Development, a subsidiary, along with Malaysian property developer Malton Berhad, had bid to develop a property connecting metro stations, office buildings and shopping malls near Taipei’s railway station. Photo: Shutterstock

Taiwan halts US$32.2 million investment by Hong Kong firm with ‘extreme deep connections’ to Beijing on security grounds

  • Ministry of economic affairs says Nan Hai could be influenced by China
  • Taiwan will also review other investments by Hong Kong-listed company
Topic |   Taiwan

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Nan Hai Development, a subsidiary, along with Malaysian property developer Malton Berhad, had bid to develop a property connecting metro stations, office buildings and shopping malls near Taipei’s railway station. Photo: Shutterstock
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