Hou Youlin and Zheng Baolian offered to acquire an additional 54% stake in Star Travel Corp. (TPEX:2719) for TWD 50.3 million on March 27, 2020. Under the offer, the buyer offered to pat TWD 5.1 per share of Star Travel. Hou Youlin and Zheng Baolian have received bank guarantee of TWD 50.4 million to execute the offer. Star Travel Corp. would convene a review committee within 15 days of the offer to review the fairness of the offer. The company will also convene a board meeting within 15 days after receiving the public bidder's takeover notice according to the review results of the review committee to provide advice to shareholders.

Hou Youlin and Zheng Baolian cancelled the acquisition of additional 54% stake in Star Travel Corp. (TPEX:2719) on April 9, 2021.