Taiwan Prosecutors Indict Twoway Chair Over Alleged Attempted Breach of Trust

Twoway Group has confirmed that it is facing a serious legal development in Taiwan after prosecutors moved forward with an indictment tied to alleged corporate misconduct.

In a statement released on December 31, 2025, Twoway Group said its chairperson, Bi-shuang Chen, along with other company-related business personnel, has been indicted by the Taoyuan District Prosecutors’ Office. The charge cited is attempted breach of trust under Taiwan’s Criminal Code, an allegation generally associated with suspected actions that could harm a company’s interests or misuse authority in a way that may put corporate assets or stakeholder value at risk.

While the announcement signals a major escalation in the case, an indictment is not a conviction. It indicates prosecutors believe there is sufficient basis to bring the matter to court for further legal proceedings. The case will now draw attention from investors, partners, and the wider market as it progresses through Taiwan’s judicial system.

The indictment also puts corporate governance under the spotlight. For publicly known companies and large business groups, allegations involving any form of breach of trust can quickly become a reputational issue, raising questions about internal controls, decision-making processes, and oversight structures. Observers will likely watch for how Twoway Group addresses these concerns, whether through internal reviews, compliance updates, leadership adjustments, or additional public disclosures.

At this stage, the key facts are Twoway Group’s disclosure date, the identities referenced in the filing, the prosecuting authority involved, and the stated charge of attempted breach of trust. Further details are expected to emerge as legal proceedings continue, including the underlying conduct that led to the indictment and the company’s next steps in response.

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