CPT prices debut GDR as Chi Mei pre-markets

Taiwan''s TFT-LCD producers continue to take advantage of favourable markets, with CPT raising $200 million and Chi Mei pre-marketing a $500 million offering.

Chunghwa Picture Tubes (CPT) took an opportunistic view of market sentiment yesterday (Thursday) with the accelerated launch and pricing of a debut GDR via global co-ordinator Citigroup and joint bookrunner ABN AMRO.

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