Long overshadowed by the local technology sector, Taiwan’s food and beverage manufacturers are at last making a comeback on investors’ most-wanted lists as solid, defensive stocks. One industry player receiving more attention that most is Wei Chuan Food Corporation, a key domestic supplier of milk products and soy sauce.
More precisely it is Wei Chuan’s partial acquisition by unlisted Taiwanese company Ting Hsin that excites the analysts. Ting Hsin, which acquired one third of Wei Chuan and with it management control, dominates mainland China’s fast-growing instant-noodle market.
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