Advancetek Enterprise to Pay NT$1.5 Million Fine Over Sales Case

MT Newswires Live06-27

Advancetek Enterprise (TPE:1442) was fined NT$1.5 million by the Fair Trade Commission (FTC) over the "Advancetek Fu Li" sales case.

Shares gained about 2% in recent trade on Friday.

The construction company has responded with a written explanation and participated in the FTC hearing, according to a Thursday Taiwan Exchange filing.

Advancetek Enterprise plans to file a lawsuit, and expects no material impact on its operations.

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