1934 Act Registration No. 1-31731

 

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549 

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934

 

Dated October 25, 2018

 

Chunghwa Telecom Co., Ltd.

(Translation of Registrant’s Name into English)

 

21-3 Hsinyi Road Sec. 1,

Taipei, Taiwan, 100 R.O.C.

(Address of Principal Executive Office)

 

(Indicate by check mark whether the registrant files or will file annual reports under cover of form 20-F or Form 40-F.)

 

Form 20-F  ☒  Form 40-F  ☐

 

(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

 

Yes ☐  No☒

 

(If “Yes” is marked, indicated below the file number assigned to the registrant in connection with Rule 12g3-2(b): Not applicable )

 

 

 

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant Chunghwa Telecom Co., Ltd. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

 

 

 

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EXHIBIT 99.01

 

 

Clarification on information related to recent media report

 

Date of events: 2018/10/25

 

Contents:

 

 

1.Date of occurrence of the event:2018/10/25

2.Company name:Chunghwa Telecom Co., Ltd.

3.Relationship to the Company (please enter "head office" or

  "subsidiaries"):head office

4.Reciprocal shareholding ratios:N/A

5.Name of the reporting media:Storm Media Group

6.Content of the report: Chunghwa Telecom today clarified media reports

about bad debt issues incurred from solar energy projects, that Chunghwa

Telecom probably will recognize NT$3 billion in bad debt in the third

quarter due to its solar energy project undertaking.

7.Cause of occurrence:By the end of second quarter of 2018, the consolidated

provision of doubtful accounts of the company was NT$768 million; the

financial statements of third quarter is in preparation, but the company

anticipates there will be no significant increase in the provision of

doubtful accounts, and the news report is a market rumor.

8.Countermeasures:Starting from the fourth quarter in 2016, Chunghwa Telecom

adopted a more cautious policy toward project selection in order to

solidify our financial management, at the same time actively enhance

accounts receivables collection including solar energy projects. Some solar

energy projects have incurred bad debts so far, but the solar power project at

Changhua Coastal Park undertaken in 2018 has not incurred any bad debt.

9.Any other matters that need to be specified:Chunghwa Telecom will

continue to be cautious on project selection, and actively enhance

debt recovery mechanism to improve profitability.

 

 

 

 

 

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