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Taiwan market: Vibo Telecom to reduce capital

Chloe Yu, Taipei; Adam Hwang, DIGITIMES Asia 0

Taiwan-based 3G mobile telecom carrier Vibo Telecom will downsize its paid-in capital by 65.55% from NT$19.534 billion (US$647 million) currently to NT$6.73 billion and then add paid-in capital of NT$3 billion, according to company CEO George Chou.

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