Chunghwa shares sold

11 Aug 2006

Taiwan Mobile has sold further shares in Chunghwa Telecom, raising TWD129.1 million. It offloaded 14.8 million shares on top of the 9.3 million it sold earlier in the week, raising TWD821.2 million. Taiwan Mobile now has 119.6 million shares in Chunghwa, equivalent to a 1.26% stake, and it plans to dispose of the entire interest this year.