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Tue, Feb 10, 2004 - Page 11　News List

China Development chair may be ousted

PUTSCH?Against a backdrop of disappointment with the company's directioon, reports said yesterday that KGI Securities may be poised to engineer a change in leadership

By Joyce Huang  /  STAFF REPORTER

Fong said he believes the company's potential power struggle would have a limited impact on its stock performance leading up to the April election.

China Development shares gained 3.6 percent yesterday to reach NT$17.40 on the TAIEX.

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