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28-929: Far EasTone was founded in October 1996 by the Far Eastern Group , in a joint venture with AT&T . The company was awarded two wireless ( GSM 900 and GSM 1800) service licenses in January 1997. The following year, Far EasTone launched its service and became the first company to introduce a fully integrated dual-band system. Far EasTone was the first Taiwanese company to offer the Java 32K SIM Toolkit, mobile banking , mobile commerce , real-time access to financial, entertainment and headline news, mobile fax/mail, logo download and e-coupons. In March 1999, after fourteen months in business, Far EasTone achieved one million revenue-producing customers, faster than any other GSM operator. The company

56-480: A 3.5% share of Far EasTone. On April 30, 2009, it was announced that China Mobile would invest up to 12 per cent into the company. The amount of foreign ownership was projected to be: NTT DoCoMo at 4.1 per cent, SingTel at 3.5 per cent, China Mobile at 12 per cent. On April 27, 2012, Singtel sold its 3.98% share of Far EasTone. On April 18, 2013, China Mobile announced the termination of a stake in Far EasTone, though

84-440: A company they perceive as possibly lacking liquidity. For example, if all shareholders were to simultaneously try to sell their shares in the open market, this would immediately create downward pressure on the price for which the share is traded unless there were an equal number of buyers willing to purchase the security at the price the sellers demand. So, sellers would have to either reduce their price or choose not to sell. Thus,

112-401: A long period of time after maturity into a profitable company. However, from 1997 to 2012, the number of corporations publicly traded on US stock exchanges dropped 45%. According to one observer ( Gerald F. Davis ), "public corporations have become less concentrated, less integrated, less interconnected at the top, shorter lived, less remunerative for average investors, and less prevalent since

140-513: A public company. In the United Kingdom , it is usually a public limited company (plc). In France , it is a société anonyme (SA). In Germany , it is an Aktiengesellschaft (AG). While the general idea of a public company may be similar, differences are meaningful and are at the core of international law disputes with regard to industry and trade. Usually, the securities of a publicly traded company are owned by many investors while

168-744: A second agreement in October 2003. In April 2004, the merger was finalized, and became the largest ever acquisition in the Taiwanese telecom industry. In February 2005, Far EasTone bought a 55.3% stake in Arcoa. In May 2005, Far EasTone formally merged with Yuan-Ze Telecom. In May 2007, the company bought a 51% equity interest in Q-ware Communications to extend the scope of its wireless communications services. In August 2007, Singtel transferred its 24.5% stake in New Century Infocomm Tech company for

196-553: A separate entity, its former shareholders receiving compensation in the form of either cash, shares in the purchasing company or a combination of both. When the compensation is primarily shares then the deal is often considered a merger . Subsidiaries and joint ventures can also be created de novo . That often happens in the financial sector. Subsidiaries and joint ventures of publicly traded companies are not generally considered to be privately held companies (even though they themselves are not publicly traded) and are generally subject to

224-625: A stock swap, resulting on the merger between two telecom. The total number of subscribers between the Company and KGT was 6.13 million at the end of December 2008. In the Taiwan mobile market (2 & 3G) the market shares were as follows: Chunghwa Telecom at 35%, Taiwan Mobile at 25%, Far EasTone at 24%, Asia Pacific Telecom and Vibo Telecom at 10%, and PHS at 6%. The company, along with other leading Taiwan companies, has recently (April 29, 2016) been raising prices. Far Eastern Group From Misplaced Pages,

252-476: Is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company ), which facilitates the trade of shares, or not ( unlisted public company ). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are private enterprises in

280-629: Is especially prevalent in such countries as the United Kingdom and the United States. In the United States, the Securities and Exchange Commission requires firms whose stock is traded publicly to report their major shareholders each year. The reports identify all institutional shareholders (primarily firms that own stock in other companies), all company officials who own shares in their firm, and all individuals or institutions owning more than 5% of

308-5719: Is one of the biggest conglomerates in the Republic of China (ROC, Taiwan) . It was founded in 1937 by Yu-Ziang Hsu during the mainland Republican period . The group spans over 10 major industries and includes 9 publicly listed companies. The total assets of the group exceed NT$ 2,500 billion (US$ 75.8 billion), with annual revenues surpassing NT$ 610 billion (US$ 18.7 billion). Businesses [ edit ] Petrochemicals and energy [ edit ] Oriental Union Chemical Corporation ( TWSE : 1710 ) Air Liquide Far Eastern Limited Chiahui Power Corporation Oriental Petrochemical (Taiwan) Corporation Oriental Petrochemical (Shanghai) Corporation Alberta & Orient Glycol Ltd. Polyester and synthetic fibers [ edit ] Far Eastern New Century (formerly Far Eastern Textile) ( TWSE : 1402 ) Everest Textile Company Limited ( TWSE : 1460 ) Oriental Resources Development Limited Wuhan Far Eastern New Material Company Limited Freudenberg Far Eastern Spunweb Company Limited Far Eastern Fibertech Company Limited Sino Belgium Beer (Suzhou) Limited Far Eastern Apparel Company Limited Far Eastern Industries (Shanghai) Limited Far Eastern Apparel (Suzhou) Limited Far Eastern Industries (Wuxi) Limited Far Eastern Dyeing & Finishing (Suzhou) Limited Oriental Industries (Suzhou) Limited Cement and building materials [ edit ] Asia Cement Company Limited ( TWSE : 1102 ) Asia Cement (Singapore) Pte. Limited Kowloon Cement Corporation Limited Asia Cement (China) Holdings Corporation Ya Tung Ready Mixed Concrete Company Limited Nanhua Cement Company Limited Ya Li Precast & Prestressed Concrete Industries Limited Yuan Long Stainless Steel Corporation Shanghai Yali Concrete Limited Jiangxi Yadong Cement Limited Nanchang Yadong Cement Company Limited Sichuan Ya Dong Cement Corporation Limited Hubei Yadong Cement Company Limited Wuhan Ya Dong Cement Company Limited Huanggang Yadong Cement Company Limited Yangzhou Yadong Cement Company Limited Retail and department stores [ edit ] Far Eastern Department Stores Company Limited ( TWSE : 2903 ) Ya Dung Department Store Company Limited Far Eastern Ai Mai Company Limited Pacific SOGO Department Stores Company Limited Chongqing Metropolitan Plaza Pacific Department Store Company Limited Chengdou Chunxi Masion Pacific Department Store Company Limited Pacific Dept Stores (Dalian) Company Limited Chengdu Quanxing Masion Pacific Department Store Company Limited Shanghai Department Store Company Limited BeiJing Xidan Pacific Department Store Company Limited Chongqing Feds Company Limited Tianjin FEDS Company Limited Wuxi FEDS Company Limited Ding Ding Integrated Marketing Service Company Limited Far Eastern City Super Financial services [ edit ] Far Eastern International Bank ( TWSE : 2845 ) Far Eastern International Leasing Corporation Oriental Securities Company Limited Oriental Securities Investment Advisory Company Limited Deutsche Far Eastern Asset Management Company Limited Far Eastern Life Insurance Agency Company Limited Sea/land transportation [ edit ] U-Ming Marine Transport Corporation ( TWSE : 2606 ) Fu-Ming Transportation Company Limited Ya Li Transportation Company Limited Fu Da Transport Company Limited U-Ming Marine Transport (Singapore) Pte. Limited Wuhan Asia Marine Transport Corporation Limited Communications and Internet [ edit ] FarEasTone Telecommunications Company Limited ( TWSE : 4904 ) New Century InfoComm Tech Company Ding Ding Management Consultants Company Limited Universal eXchange Inc. Qware Communications Company Limited Arcoa Communication Company Limited Far Eastern Electronic Toll Collection Company Limited Digital United Inc. KGEx.com Company Limited Far Eastern Tech-info (Shanghai) Limited ADCast Interactive Marketing Company Limited Construction [ edit ] Hotels [ edit ] Philanthropic organizations [ edit ] See also [ edit ] [REDACTED] Taiwan portal [REDACTED] Companies portal List of companies of Taiwan References [ edit ] ^ "About FEG — Overview" . Far Eastern Group . Retrieved January 26, 2017 . . External links [ edit ] Far Eastern Group Far Eastern Group (in Chinese) Far Eastern Group (in Chinese) Retrieved from " https://en.wikipedia.org/w/index.php?title=Far_Eastern_Group&oldid=1150030085 " Categories : Far Eastern Group Conglomerate companies established in 1937 1937 establishments in Taiwan Companies based in Taipei Hidden categories: Articles needing additional references from October 2012 All articles needing additional references Articles containing Chinese-language text Articles with Chinese-language sources (zh) Public Company A public company

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336-408: Is privately held can buy out the shareholders of a public company, taking the company off the public markets. That is typically done through a leveraged buyout and occurs when the buyers believe the securities have been undervalued by investors. In some cases, public companies that are in severe financial distress may also approach a private company or companies to take over ownership and management of

364-404: Is when a company has little or no trading activity and the market price is simply the price at which the most recent trade took place, which could be days or weeks ago. This occurs when there are no buyers willing to purchase the securities at the price being offered by the sellers and there are no sellers willing to sell at the price the buyers are willing to pay. While this is rare when the company

392-469: The private sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States , for example, a public company is usually a type of corporation though a corporation need not be

420-451: The 1934 Act are generally deemed public companies. A public company possess some advantages over privately held businesses. Many stock exchanges require that publicly traded companies have their accounts regularly audited by outside auditors and then publish the accounts to their shareholders. Besides the cost, that may make useful information available to competitors. Various other annual and quarterly reports are also required by law. In

448-549: The LTE frequency bands (700 MHz A2/1800 MHz C3, C4), with a total bandwidth of 30 MHz. Far EasTone launched 4G LTE services on June 3, 2014 and 5G NR services in 2020. The parent company of KG Telecom  [ zh ] , NTT Docomo , reportedly proposed in 2003 that KG Telecom and Far EasTone swap shares in a merger. A deal was reached in that July, only to fall through in August. Another round of negotiations produced

476-492: The United States, the Sarbanes–Oxley Act imposes additional requirements. The requirement for audited books is not imposed by the exchange known as OTC Pink. The shares may be maliciously held by outside shareholders and the original founders or owners may lose benefits and control. The principal–agent problem , or the agency problem is a key weakness of public companies. The separation of a company's ownership and control

504-432: The company. One way of doing so would be to make a rights issue designed to enable the new investor to acquire a supermajority . With a supermajority, the company could then be relisted, or privatized. Alternatively, a publicly traded company may be purchased by one or more other publicly traded companies, with the target company becoming either a subsidiary or joint venture of the purchaser(s), or ceasing to exist as

532-444: The firm's stock. For many years, newly-created companies were privately held but held initial public offering to become publicly traded company or to be acquired by another company if they became larger and more profitable or had promising prospects. More infrequently, some companies such as the investment banking firm Goldman Sachs and the logistics services provider United Parcel Service (UPS) chose to remain privately held for

560-1188: The 💕 [REDACTED] This article needs additional citations for verification . Please help improve this article by adding citations to reliable sources . Unsourced material may be challenged and removed. Find sources:   "Far Eastern Group"  –  news   · newspapers   · books   · scholar   · JSTOR ( October 2012 ) ( Learn how and when to remove this message ) Far Eastern Group [REDACTED] Native name 遠東集團 Company type Public Founded 1937 Founder Yu-Ziang Hsu  [ zh ] Headquarters Number 207, Dunhua South Road, Section 2, Taipei , Republic of China Key people Douglas Hsu  [ zh ] (Chairman) Website Official Website Far Eastern Group Traditional Chinese 遠東集團 Simplified Chinese 远东集团 Transcriptions Standard Mandarin Hanyu Pinyin Yuǎndōng Jítuán Far Eastern Group

588-425: The number of trades in a given period of time, commonly referred to as the "volume" is important when determining how well a company's market capitalization reflects true fair market value of the company as a whole. The higher the volume, the more the fair market value of the company is likely to be reflected by its market capitalization. Another example of the impact of volume on the accuracy of market capitalization

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616-557: The parties signed a bilateral cooperation agreement. According to a July 5, 2015 article in The Wall Street Journal , there was a consortium seeking to buy cable television company China Network Systems  [ zh ] from the private equity firm MBK Partners LP, led by the company and Morgan Stanley . FarEasTone announced in February 2022 that the company would acquire Asia Pacific Telecom  [ zh ] in

644-497: The price per share. For example, a company with two million shares outstanding and a price per share of US$ 40 has a market capitalization of US$ 80 million. However, a company's market capitalization should not be confused with the fair market value of the company as a whole since the price per share are influenced by other factors such as the volume of shares traded. Low trading volume can cause artificially low prices for securities, due to investors being apprehensive of investing in

672-446: The same reporting requirements as publicly traded companies. Finally, shares in subsidiaries and joint ventures can be (re)-offered to the public at any time. Firms that are sold in this manner are called spin-outs . Most industrialized jurisdictions have enacted laws and regulations that detail the steps that prospective owners (public or private) must undertake if they wish to take over a publicly traded corporation. That often entails

700-492: The shares of a privately held company are owned by relatively few shareholders. A company with many shareholders is not necessarily a publicly traded company. Conversely, a publicly traded company typically (but not necessarily) has many shareholders. In the United States, companies with over 500 shareholders in some instances are required to report under the Securities Exchange Act of 1934 ; companies that report under

728-428: The turn of the 21st century". Davis argues that technological changes such as the decline in price and increasing power, quality and flexibility of computer numerical control machines and newer digitally enabled tools such as 3D printing will lead to smaller and more local organization of production. In corporate privatization, more often called " going private ," a group of private investors or another company that

756-409: The would-be buyer(s) making a formal offer for each share of the company to shareholders. The shares of a publicly traded company are often traded on a stock exchange . The value or "size" of a company is called its market capitalization , a term which is often shortened to "market cap". This is calculated as the number of shares outstanding (as opposed to authorized but not necessarily issued) times

784-682: Was listed on the Taiwan OTC Stock Exchange in December 2001 under the ticker code 4904 and was officially listed on the Taiwan Stock Exchange in the electronic sector in August 2005. In September 2006, Far EasTone began providing 3G WCDMA services. On December 16, 2009, Far EasTone acquired WiMAX licenses, and from December 22 began offering WiMAX transmission services. On October 30, 2013, Taiwan's LTE standard license bidding closed with Far EasTone paying NT$ 31.315 billion for

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