Financial Times FT.com

BenQ shares plunge on insider trading probe

By Kathrin Hille in Taipei

Published: March 13 2007 21:45 | Last updated: March 14 2007 04:11

Shares of BenQ, the Taiwanese electronics group, fell by the daily limit on Wednesday after it was investigated by the island’s financial regulator over alleged insider trading.

The probe, which was announced following a raid of the company’s offices by prosecutors, delivers another blow to BenQ as it tries to recover from its failed acquisition of Siemens’ handset business.

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