Taiwan legislature blocks Chunghwa Telecom ADR

Bryan Chuang, Taipei; Adam Hwang, DIGITIMES Asia Wednesday 1 June 2005 0

On May 27, Taiwan’s Legislative Yuan passed a resolution to stop Chunghwa Telecom (CHT) from releasing 17% of its stock shares owned by the Ministry of Transportation and Communications (MOTC) through an ADR (American depositary receipt) issuance...

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