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Sunplus Technology (SUPD)

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Thursday 16 June, 2011

Sunplus Technology

Result of AGM

RNS Number : 5450I
Sunplus Technology Co Limited
16 June 2011
 

 

 

Sunplus Shareholders' Meeting Approved NT$0.8 Cash Dividend

 

Issued: 2011.06.10

 

Hsinchu Science Park, Taiwan, June 10th, 2011 - Sunplus Technology Co., Ltd. (TAIEX: 2401, LSE: SUPD) today held the annual shareholders' meeting, at which the shareholders approved the distribution of NT$0.8 cash dividend per common share. According to this resolution, GDR holders will get NT$1.6 cash dividend per GDR share for each GDR share represents 2 common Sunplus shares. The major resolutions at this shareholders' meeting are as follows:

 

(1)    Shareholders accepted the financial results for 2010. Net sales for 2010 totaled NT$6,130 million, and net income after tax was NT$774 million, with earning per share of NT$1.3.

(2)    Shareholders approved the distribution of 2010 profits. The company will distribute NT$0.8 cash dividend per common share from profits.

(3)    Shareholders approved the amendment of the "Article of Incorporation"

(4)    Shareholders approved the amendment of the "Procedure of Endorsements & Guarantees".

(5)    Shareholders lifted the ban to directors against joining competitor.

 

About Sunplus

Sunplus Technology Co., Ltd., established in 1990, is a leading provider of multimedia IC solutions to home entertainment platforms for DVD players, Set-Top-Boxes, LCD TVs and Digital TVs and upcoming high definition home entertainment products such as BD players, HD Set-Top-Boxes and Full-HD Digital TVs. Sunplus multimedia ICs and system solutions enable customers to build digital home entertainment products with superior quality and performance. Sunplus is headquartered in Taiwan and has service offices in Hong Kong, Shanghai, Shenzhen and Chengdu. For more information, please visit Sunplus website at www.sunplus.com.

 

Press Contact


Sunplus Spokesman

Wayne Shen

Tel: +886-3-5786005 ext 2350

Fax: +886-3-5786006

E-mail: [email protected]


 


 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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