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CPT invests in China company through stock swap of four subsidiaries

Susie Pan, Taipei; Yvonne Yu, DIGITIMES Asia 0

Taiwan-based TFT-LCD panel maker Chunghwa Picture Tubes (CPT) has announced its indirect investment in China-based Mindong Electric through the exchange of a 75% stake in each of its four China subsidiaries for a stake in Mindong, according to company...

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