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Sat, Aug 20, 2005 - Page 10　News List

Bank's share-sale rules scare off buyers

PRIVATIZATION Analysts said that Taiwan Business Bank's complicated rules for its share sale, as well as their cost implications, are discouraging possible buyers

By Amber Chung  /  STAFF REPORTER

However, the company remained evasive about the deal, with its spokesman Lin Shiaw-pin (林孝平) saying only that it will carefully consider an acquisition deal that would offer the best value to its shareholders.

Lin declined to comment on the bank's conditions for the share sale.

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