Major Board Resolution
Board approved additional capex for TWM and its subsidiaries in 2012
The Board approved additional capital expenditure plans for 2012 for TWM and its subsidiaries, including NT$0.567bn related to the 3G equipment purchase contract with Nokia Siemens Networks, NT$0.337bn constructions related to the aforementioned contract and NT$0.096bn for the transmission network expansion, totaling approximately NT$1bn. The group’s capex budget would be raised to NT$11.819bn. The capital expenditure will be disbursed according to the progress of the projects rather than all of it in 2012.