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Foxconn's Terry Gou to sell stake in trustee-manager of Asian Pay TV Trust

Annabeth Leow

Annabeth Leow

Published Tue, May 14, 2019 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    FOXCONN founder Terry Gou will sell his interest in the trustee-manager of Singapore-listed Asian Pay Television Trust (APTT), as he gears up to run for Taiwan president next year, the manager disclosed early on Tuesday.

    Meanwhile, the trust is moving to pay an undetermined portion of the management fee in units, possibly from July onwards, for "greater financial alignment with unit holders", the manager disclosed.

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