First Financial launches GDR

Pre-marketing officially begins today for a re-capitalization exercise that will provide a telling indicator of investors'' belief in Taiwan''s financial sector reform.
June 30, 2003

Joint bookrunners Citigroup and Deutsche Bank are starting to begin pre-marketing of a 1 billion share offering for First Financial Holdings that could theoretically raise up to $608 million at the bank's current share price of NT$21.08.

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