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Transcom Clarifies Media Report on Double-Digit Revenue Growth; Shares Rally 6%

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Transcom (TPE:5222) clarified a media report by Commercial Times that said the company expects double-digit revenue growth, according to a Monday Taiwan Exchange filing.

Shares jumped about 6% in Tuesday's midday trade.

The company said the projections cited in the media report should not be regarded as the company's guidance, adding that its actual revenue and financial performance will be disclosed through its monthly revenue reports, financial statements and material announcements filed on Taiwan's Market Observation Post System (MOPS).

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