Evergreen Marine director questioned, offices searched in Taiwan insider trading probe

Chang Kuo-hua, a board director of Taiwanese shipping giant Evergreen Marine, has been questioned by Taiwanese prosecutors as part of an investigation into suspected insider trading involving shares of Evergreen Marine Corp, according to Taipei News on Tuesday (7 July). 

The Taipei District Prosecutors’ Office on Monday instructed investigators to search 10 locations, including Evergreen Marine’s offices, and summoned Chang, his brother Chang Kuo-cheng, former senior Evergreen executive Ko Li-ching and six others for questioning over alleged breaches of Taiwan’s Securities and Exchange Act.

According to the report, the investigation stems from a shareholder complaint filed in 2024 alleging that Chang purchased approximately 98.6 million Evergreen Marine shares before the company disclosed the sale of about TWD 13 billion (USD 405 million) worth of shares in EVA Airways in 2023.

Later, Taiwanese media reported that Chang Kuo-hua was released on a TWB 120 million bail after he was questioned by prosecutors. 

In a filing to the Taiwan Stock Exchange on 6 July, Evergreen Marine confirmed that the Investigation Bureau of the Ministry of Justice conducted relevant searches and investigations at the company. 

It added that the company is cooperating with the investigation procedures.

“The company is operating normally, and this incident has no significant impact on the Company’s financial condition or business operations,” it said. 

Photo credit: Evergreen Marine Corporation
Published: 9 July, 2026