Chunghwa Telecom to float ADR in US in June

Bryan Chuang, Taipei; Adam Hwang, DIGITIMES Asia Friday 8 April 2005 0

Chunghwa Telecom (CHT) plans to issue an ADR (American depositary receipts) equivalent to 1.446 billion state-owned shares of its stock or a 15% stake in the US in June this year. Based on the closing price of NT$65.3 per share on the Taiwan Stock Exchange...

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