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[CMC] Announcement on the Company's Disposal of Marketable Securities

NQ Score 45/100

AI Summary (NQ-processed)

China Magnetics Corporation (CMC) announced the disposal of a portion of its holdings in Phison Electronics Corp. common stock for investment portfolio management. The total transaction amounted to approximately NT$380 million, resulting in a gain on disposal of about NT$60.18 million.

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