FORM 3 OMB APPROVAL
OMB NUMBER 3235-0104
EXPIRES: September 30, 1998
Estimated Average burden
hours per response.....0.5
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
INITIAL STATEMENT OF BENEFICIAL
OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company act of 1940
1. Name and Address of Reporting Person
S.Y. Wang
China American Petrochemical Co., Ltd.
4F, 260 Tung Hwa N. Rd.
Taipei, Taiwan R.O.C.
2. Date of Event Requiring Statement (Month/Day/Year)
October 12, 1998
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
The Taiwan Fund, Inc. (NYSE: TWN)
5. Relationship of Reporting Person to Issuer (Check all applicable)
X Director 10% Owner
X Officer (give title below) __Other (specify below)
Chairman of the Board of Directors
6. If Amendment, Date of Original (Month/Day/Year)
Not applicable
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TABLE I - NON DERIVATIVE SECURITIES BENEFICIALLY OWNED
1. Title of Security (Instr. 4)
Common Stock, par value $0.01 per share
2. Amount of Securities Beneficially Owned (Instr. 4)
None
3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)
Not applicable
4. Nature of Indirect Beneficial Ownership (Instr. 5)
Not applicable
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TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
1. Title of Derivative Security (Instr. 4)
Not applicable
2. Date Exercisable and Expiration Date (Month/Day/Year)
Not applicable
3. Title and Amount of Securities Underlying Derivative Security (Instr.4)
Not applicable
4. Conversion or Exercise Price of Derivative Security
Not applicable
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5) Not applicable
6. Nature of Indirect Beneficial Ownership (Instr. 5)
Not applicable
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Explanation of Responses:
Not applicable
*** Signature of Reporting Persons
Dated: October 22, 1998
S.Y. WANG
/S/ S. Y. Wang
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*** Intentional misstatements or omission of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C.78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
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