Taiwan Mobile > Investor Relations > Announcement > Major Board Resolution

Major Board Resolution

To participate in future rights issues of Taipei New Horizons Co., Ltd. for total equity investments no more than NT$1.92bn

  • BOD resolution date: Jan. 22, 2009
  • The BOD approved to participate in future rights issues of Taipei New Horizons Co., Ltd., a 49.9% owned and equity-method subsidiary of Taiwan Mobile, for total equity investments no more than NT$1.92bn. The future funding resource will be secured by Taiwan Mobile’s steady operating cash inflows e.g. NT$25.2bn in 2008.