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Taiwan government sells 3% stake in CHT, to sell another 13.9% via ADR

Yinxuan Wang, Taipei; Steve Shen, DIGITIMES Asia 0

The Taiwan Government sold off 289.43 million shares of Chunghwa Telecom (CHT) yesterday, or 3% of the of the company’s outstanding shares, at NT$56.30 each, or a discount of 12.73% from the stock’s average closing price over the last 10...

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