Chunghwa Telecom on August 14 reported total return on non-operating investment of NT$258 million (US$8.46 million) during the first half of 2008, higher than NT$240 million posted in 2007 and NT$180 million recorded in 2006.

CHT has made non-operating investment in 22 local and overseas companies with a total stake of NT$9.6 billion, with 12 investments bringing in returns for CHT in the first half of 2008 and 10 others incurring loses, CHT indicated. Amid the 22 invested companies, Senao International, a retail chain of IT and telecom products in Taiwan, generated the largest return of about NT$150 million for CHT, CHT noted.

In related news, CHT's shareholders, at a provisional meeting on August 14, approved CHT-proposed adjustment of its paid-in capital through shifting NT$19.116 billion from capital surplus to expand paid-in capital first and then downsizing the expanded paid-in capital by exactly the same amount of NT$19.116 billion, CHT pointed out. As a result, every shareholder will take back nearly NT$2 per share due to the downsizing of paid-in capital, CHT indicated.

Source:DIGITIMES