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'Southern Overlord' Hou Hsi-feng Returns to Kuo Yang Board After 28 Years; Hou Family's Second-Generation Succession Plan in Focus

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Kuo Yang Realty held its shareholders' meeting and completed board elections. Founder Hou Hsi-feng returned to the board after 28 years, and his daughter Hou Chia-chi was also elected as a director, drawing market attention to the second-generation succession plan. General Manager Peng Shao-ling noted that housing market controls have cooled buying sentiment and construction costs have risen 10%.

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Frequently Asked Questions

Q: Why is Hou Hsi-feng called the 'Southern Overlord'?
A: Due to his dominant influence in southern Taiwan with diversified businesses spanning construction, department stores, and hotels. Mentioned in the CNA article.
Q: What are Kuo Yang Realty's main businesses?
A: Core business is construction, but the group also operates Hanshin Department Store and Grand Hi-Lai Hotel. Mentioned in the CNA article.
Q: What changed in this board election?
A: Founder Hou Hsi-feng returned to the board after 28 years, and his daughter Hou Chia-chi was newly elected as a director. Mentioned in the CNA article.