CMC Magnetics Sells ASUSTEK Computer Securities for About NT$333 Million

MT Newswires Live11-15

CMC Magnetics (TPE:2323) sold 566,000 securities of ASUSTEK Computer (TPE:2357) for NT$333.2 million, according to a Tuesday Taiwanese bourse filing.

The optical discs manufacturer offloaded the securities at NT$588.72 apiece, and booked a disposal gain of NT$8.4 million, the filing said.

CMC Magnetics said it offloaded the securities as part of its portfolio management strategy.

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