CONNECT WITH US

CPT to reduce capital by about 60%

Susie Pan, Taipei; Yvonne Yu, DIGITIMES Asia 0

The board of directors of Chunghwa Picture Tubes (CPT) has decided to reduce the company's capital by NT$100 billion (US$3.17 billion), or 60.6%, to NT$65 billion from the present NT$164.86 billion in order to write off losses and improve its financial...

The article requires paid subscription. Subscribe Now