FarEasTone plans ADR issue to fund 3G expansion

Mandate proposals give management some light holiday reading over Chinese New Year.

FarEasTone, Taiwan’s third-largest mobile phone company by subscriber numbers, is nearing the final approval for its over-the-counter (OTC) listing, a prerequisite under Taiwan law for its plans to launch an American Depositary Receipts (ADR) offering later this year.

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