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ATI chairman's shares go westward, Ho |
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Written by Mavke
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Wednesday, 10 November 2004 |
The chairman of ATI is to sell up
to 40 per cent of his personal shares in the Canadian company. The rules of the
game are pretty clear. KY Ho can sell the shares over a period ending no later
than the 30th of June next year.
 ATI chairman's
shares go westward, Ho
Other conditions include a minimum selling price based on current market prices and limits on the number that can be sold every week.
ATI's share price currently stands at $18.32. It trades as ATYT on NASDAQ. Yesterday ATI said most high definition TV sets use its NXT2003 chip.
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