Taiwan Glass Industry's Unit Redeems 120 Million Yuan Structured Deposit

MT Newswires Live
Sep 14

Taiwan Glass Industry's (TPE:1802) subsidiary, TG Chengdu Glass, disposed of an Industrial and Commercial Bank of China structured deposit worth 120 million yuan, according to a Monday filing with the Taiwan Exchange.

The glass manufacturer is anticipating a profit of around 919,694 yuan from the disposal, which is part of the unit's fund management strategy.

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