Press Release
Sunplus Shareholders Meeting Approved NT$0.8 Cash Dividend
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.