HTC cancels planned GDR issue, hires new CFO

Daniel Shen, Taipei; Steve Shen, DIGITIMES Asia 0

Taiwan-based handset vendor High Tech Computer (HTC) announced on August 23 that its board of directors has decided to cancel a plan to sell up to 16 million new shares in the form of a global depositary receipt (GDR) issue, amid instability in the...

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