The BOD also proposed of new shares for capital increase from 2005 profits for employee stock bonus program. The proposed total shares for employee stock bonus are 22,500,000 shares at par value and employee cash bonus NT$25million, which are totally equivalent to NT$250 million.
The proposal will be discussed and voted on at the regular annual shareholders' meeting scheduled on June 9th 2006. The lock-up period shall be notified on the invitation to the shareholders' meeting.
Sunplus net sales (parent company only) for 2005 were NT$18,781 million, and net income after tax was NT$2,398 million, with earnings per share of NT$2.53 based on outstanding shares 948,729,656 million shares on 2005/12/31.
Sunplus Annual shareholders' meeting will be held in Room 203 of The Association of Allied Industries in Science Park at 9:00 AM on June 9th, 2006. Invitations to the shareholders will be sent 30 days prior to the date of the shareholders' meeting by mail.
Sunplus Technology Co., Ltd. (TWSE: 2401, LSE: SUPD), established in 1990, is a leading chip provider for multimedia and automotive applications such as DVD player, portable DVD player, home entertainment audio products, car infotainment and advanced driving assistance system(ADAS). Meanwhile Sunplus is offering high-speed I/O IP, high performance data conversion IP, and analog IP for a broad range of applications on consumer, portable, and connected devices for Sunplus has been accumulating strong IP technologies on consumer and multimedia segments. Sunplus is headquartered in Taiwan and has service offices in Shanghai, Shenzhen and Chengdu. For more information, please visit Sunplus website at www.sunplus.com.