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Newsflash


Investment Commission spokeswoman Yang Shu-ling, left, in Taipei yesterday announces the committee’s rejection of a bid by Hong Kong-based Nan Hai Corp to develop the Taipei Twin Towers project.
Photo: CNA

The Investment Commission yesterday rejected Hong Kong-based Nan Hai Corp’s (南海控股) application to develop the Twin Towers project in Taipei, citing national security concerns over capital with Chinese origins.