Defense News


Navy HQ indicated (30th) that since no effective postponement of 3rd stage 1st deposit of Ching-Fu Shipyard Enterprise, Navy’s representatives would sequestrate the capital on November 28th at First Bank Kaohsiung branch and request improvement on every defect by December 8th.

Confirmed that the capital, around NTD 759 million, was in Navy’s account on 29th and would be submitted to the government on 30th. Also the 2nd deposit, around NTD1.69 billion, would expire on December 6th 2017. Navy’s representatives would once again sequestrate the capital at First Bank Kaohsiung branch. Navy would continue the relevant actions according to the legitimacy.