 2005-03-22 |
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(Central News Agency)
Date: March 22, 2005
Listed Company: YC (4306)
Spokesperson: Li-Wei Chen
Position: Chief Financial Officer
Contact: 02-29033102
Subject: Announcement of the Board of Directors' Resolution on Dividend Distribution for Fiscal Year 2004 in Compliance with Article 2, Clause 14
Date of Occurrence: March 18, 2005
Explanation:
- Date of Board Resolution: March 18, 2005.
- Type and Amount of Dividends:
(1) Proposed stock dividend distribution totaling NT$62,488,570 (from undistributed earnings).
(2) Proposed cash dividend distribution totaling NT$31,244,288.
(3) Stock dividend issuance of approximately 80 shares per 1,000 shares and cash dividend of approximately NT$0.4 per share. If convertible bondholders exercise conversion rights, causing changes to the outstanding shares, the Board of Directors is authorized by the shareholders to adjust the stock and cash dividend rates accordingly.
- Other Information:
(1) Proposed distribution of director and supervisor compensation totaling NT$480,000.
(2) Proposed distribution of employee bonuses totaling NT$4,850,000.
(3) Estimated earnings per share after employee bonuses and director/supervisor compensation are allocated: NT$1.82.
(4) This capital increase proposal will be submitted for approval at the 2005 Annual Shareholders' Meeting and upon regulatory approval; an ex-dividend date will be set for distribution.
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