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Chunghwa Picture Tubes cuts financial forecast

Gloria Chen, Taipei; Shih-wei Kao, DIGITIMES Asia 0

After completing issuance of 600 million new shares last month, Chunghwa Picture Tubes (CPT) lowered its 2002 financial forecast on October 4. CPT shares closed at NT$10.9 that day, significantly less than its NT$16.75 new share issuing price.

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