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China Petrochemical Names Chairperson; Shares Rise 6%

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China Petrochemical Development (TPE:1314) board has appointed Ko Shu-Jen as chairperson, effective Monday, according to a same-day Taiwan Exchange filing.

Shares rose 6% in Tuesday's midday trade.

Ko replaces Chen Ruey-Long, who previously held the position as chairperson of the company.

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