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Wireless

Taiwan to sell more incumbent shares

May 29, 2008 8:00pm
Wireless

Taiwan's government would sell off more state shares in Chunghwa Telecom, the island's largest telecom carrier, to help fund a slew of infrastructure projects, a Reuters report said.

No details were immediately available.

Taiwan's transport ministry currently owns 35.7% in Chunghwa Telecom, which has outstanding capital of NT$95.578 billion ($3.1 billion).

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