TAIPEI – Yulon Motor Co. Ltd. will be split into two separate companies Oct. 1: Yulon Original Co. Ltd. (YLO) and Yulon New Co. Ltd. (YLN). YLO, which will be capitalized at $400.6 million, will continue to operate as a multi-focus auto manufacturer, as well as a holding company for Yulon's various investments, which range from auto parts manufacturing to real estate development to high-tech industries. Chen Kuo-rong, 44, currently executive vice-president of Yulon Motor, has been named ...
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