Investors

 
  1. Is Chunghwa a private company? What percentage of Chunghwa Telecom’s shares are owned by the Ministry of Transportation and Communications (MOTC)?

    Chunghwa Telecom was a state-owned company before, and became a private company on August 12, 2012 since the government’s holding down to less than 50%. MOTC owns 35.29% of shares now, and is regarded as a privatized company under R.O.C. law.

  2. Are shares of Chunghwa Telecom traded on any stock exchange?

    Chunghwa Telecom shares are traded with the symbol "2412" on the Taiwan Stock Exchange and the American depositary shares with the symbol "CHT" on the New York Stock Exchange.

  3. When were Chunghwa Telecom ADR shares listed on the New York Stock Exchange?

    We listed 96,500,000 ADR shares on the New York Stock Exchange on July 17th, 2003. Including the greenshoe exercised by the underwriters, the number of total ADR shares traded in the New York Stock Exchange is 1,109,750,000. We issued another 135.1 million and 61.3 million ADR shares on the New York Stock Exchange in 2005 and 2006 respectively. With some of the ADR shares flow back, the number of total ADR shares traded in the New York Stock Exchange represents 4.3% of the Company's outstanding shares as of October 2012.

  4. How many common shares are equal to one ADR share?

    Ten common shares are equal to one ADR share.

  5. How may I be included in CHT's investor relations mailing list?

    Please kindly provide us with the following information: your complete name, title, company name, phone number, fax number, office address and email address.Please send emaiil to chtir@cht.com.tw .

  6. How may I contact Chunghwa’s management team or investor relations?

    Our postal address is:
    21-3 Hsin-Yi Road, Section 1
    Taipei, Taiwan
    R.O.C.
    For more prompt communications, please kindly send us e-mail at chtir@cht.com.tw .

    If you would like to be included in our future mailing list, please kindly provide us with the following information: your complete name, title, company name, phone number, fax number, office address and email address.

  7. What is the email address for CHT's public relations or media relations representative?
  8. Who is your independent auditor?

    Deloitte & Touche

  9. What is CHT's current business strategy?

    We plan to sustain our dominant market leadership by enhancing core product features/functionalities, providing differentiated and even customized services as well as innovative devices to match the ever evolving preferences of the users. Also, we will continue focus on selected ICT services to better serve our corporate clients. At the same time, we will continue advanced network deployment to stay ahead of the industry transformations. In addition, we will continue streamline operational efficiency to better support our core business competitiveness and advanced technology development with improved cost management. For our non-core business, we will focus on exploring mainland China and overseas emerging markets for new revenue opportunities, as well as leveraging our existing property asset to enhance non-operating income.

  10. Does CHT have plans to raise its debt?

    Currently the Company does not envision any adjustments to its capital structure, but retains the right to do so when necessary.

  11. What taxes are dividends declared on CHT's ADS subject to?

    Dividends declared by CHT out of its retained earnings and distributed to ADS holders are subject to ROC withholding tax, current at the rate of 20% on the amount of the cash distribution. For ADS holders in the U.S., the net amount of the ROC withholding tax can be used as credit and deducted against the federal income taxes payable on such dividends. For ADS holders in a number of other countries which have tax treaties in place with the ROC (e.g., the U.K., Sweden, Australia, Singapore), such treaties entitle holders to a reduced withholding tax in the range of 10-20%. However, as dividends are paid directly from CHT to the ADS depository in the U.S., it may be difficult in practice for shareholders in these countries to benefit from such lower withholding rate. The complete list of countries with tax treaties in place with the ROC are: Indonesia, Singapore, South Africa, Australia, Vietnam, New Zealand, Malaysia, Macedonia, Swaziland, the Netherlands, the U.K., Gambia, Senagal and Sweden.

  12. Tax treatment on dividend and cash distribution as a result of the capital reduction?

    The cash distributions that we make (including any cash distributions that we make in the future as part of a capital reduction) will generally be taxable to holders of our common shares or ADRs that are U.S. persons. Because we do not keep earnings and profits in accordance with U.S. federal income tax principles, you should expect that the distributions will generally be treated as dividends for U.S. federal income tax purposes. Holders of our common shares or ADRs will generally not, however, be subject to U.S. federal income tax on any additional shares or ADRs that they receive pursuant to the capital increase, although any cash paid to U.S. persons in lieu of fractional shares or ADRS will generally be subject to U.S. federal income tax as a dividend. Holders of our common shares or ADRs that are U.S. persons are encouraged to consult a tax advisor concerning the U.S. federal income tax consequences of any of our cash or stock distributions, as well as the consequences arising under the laws of any other taxing jurisdiction.

  1. Is Chunghwa a private company? What percentage of Chunghwa Telecom’s shares are owned by the Ministry of Transportation and Communications (MOTC)?

    Chunghwa Telecom was a state-owned company before, and became a private company on August 12, 2012 since the government’s holding down to less than 50%. MOTC owns 35.29% of shares now, and is regarded as a privatized company under R.O.C. law.

  2. Are shares of Chunghwa Telecom traded on any stock exchange?

    Chunghwa Telecom shares are traded with the symbol "2412" on the Taiwan Stock Exchange and the American depositary shares with the symbol "CHT" on the New York Stock Exchange.

  3. When were Chunghwa Telecom ADR shares listed on the New York Stock Exchange?

    We listed 96,500,000 ADR shares on the New York Stock Exchange on July 17th, 2003. Including the greenshoe exercised by the underwriters, the number of total ADR shares traded in the New York Stock Exchange is 1,109,750,000. We issued another 135.1 million and 61.3 million ADR shares on the New York Stock Exchange in 2005 and 2006 respectively. With some of the ADR shares flow back, the number of total ADR shares traded in the New York Stock Exchange represents 4.3% of the Company's outstanding shares as of October 2012.

  4. How many common shares are equal to one ADR share?

    Ten common shares are equal to one ADR share.

  5. How may I be included in CHT's investor relations mailing list?

    Please kindly provide us with the following information: your complete name, title, company name, phone number, fax number, office address and email address.Please send emaiil to chtir@cht.com.tw .

  6. How may I contact Chunghwa’s management team or investor relations?

    Our postal address is:
    21-3 Hsin-Yi Road, Section 1
    Taipei, Taiwan
    R.O.C.
    For more prompt communications, please kindly send us e-mail at chtir@cht.com.tw .

    If you would like to be included in our future mailing list, please kindly provide us with the following information: your complete name, title, company name, phone number, fax number, office address and email address.

  7. What is the email address for CHT's public relations or media relations representative?
  8. Who is your independent auditor?

    Deloitte & Touche

  9. What is CHT's current business strategy?

    We plan to sustain our dominant market leadership by enhancing core product features/functionalities, providing differentiated and even customized services as well as innovative devices to match the ever evolving preferences of the users. Also, we will continue focus on selected ICT services to better serve our corporate clients. At the same time, we will continue advanced network deployment to stay ahead of the industry transformations. In addition, we will continue streamline operational efficiency to better support our core business competitiveness and advanced technology development with improved cost management. For our non-core business, we will focus on exploring mainland China and overseas emerging markets for new revenue opportunities, as well as leveraging our existing property asset to enhance non-operating income.

  10. Does CHT have plans to raise its debt?

    Currently the Company does not envision any adjustments to its capital structure, but retains the right to do so when necessary.

  11. What taxes are dividends declared on CHT's ADS subject to?

    Dividends declared by CHT out of its retained earnings and distributed to ADS holders are subject to ROC withholding tax, current at the rate of 20% on the amount of the cash distribution. For ADS holders in the U.S., the net amount of the ROC withholding tax can be used as credit and deducted against the federal income taxes payable on such dividends. For ADS holders in a number of other countries which have tax treaties in place with the ROC (e.g., the U.K., Sweden, Australia, Singapore), such treaties entitle holders to a reduced withholding tax in the range of 10-20%. However, as dividends are paid directly from CHT to the ADS depository in the U.S., it may be difficult in practice for shareholders in these countries to benefit from such lower withholding rate. The complete list of countries with tax treaties in place with the ROC are: Indonesia, Singapore, South Africa, Australia, Vietnam, New Zealand, Malaysia, Macedonia, Swaziland, the Netherlands, the U.K., Gambia, Senagal and Sweden.

  12. Tax treatment on dividend and cash distribution as a result of the capital reduction?

    The cash distributions that we make (including any cash distributions that we make in the future as part of a capital reduction) will generally be taxable to holders of our common shares or ADRs that are U.S. persons. Because we do not keep earnings and profits in accordance with U.S. federal income tax principles, you should expect that the distributions will generally be treated as dividends for U.S. federal income tax purposes. Holders of our common shares or ADRs will generally not, however, be subject to U.S. federal income tax on any additional shares or ADRs that they receive pursuant to the capital increase, although any cash paid to U.S. persons in lieu of fractional shares or ADRS will generally be subject to U.S. federal income tax as a dividend. Holders of our common shares or ADRs that are U.S. persons are encouraged to consult a tax advisor concerning the U.S. federal income tax consequences of any of our cash or stock distributions, as well as the consequences arising under the laws of any other taxing jurisdiction.