Taiwan Vespa Company
These were locally produced, and differed in many ways from the Italian models - Indicators (on the headset originally, then PX style on the legshield), SS180 style headets, dual seats (even on the later PK range) all served to differentiate the models.
Taiwanese smallframe models were sold in Japan for many years until production of these models stopped. Now the factory produces a version of the automatic Vespa ET4 model. Below is a Japanese advertisment for the Taiwanese range. That white bike in the centre is a real mystery, as it appears to be the front end of a Sprint with the rear section of an early P125