Hsinchu Science Park, Taiwan, March 21st, 2007 - Sunplus Technology Co., Ltd. ("Sunplus" or "the Company") (TAIEX: 2401, LSE: SUPD) today held a meeting of the Board of Directors and Supervisors, at which the Board set the date for the Annual General Meeting and drafted the summary of the proposals. The brief summary of the proposals is as follows:
- Report affairs:
(1) 2006 business report
(2) Investigation report by Supervisor
(3) Revision of Board Meeting Progress - Approval affairs:
(1) 2006 business report and financial statement
(2) 2006 dividend distribution (latest notice 40 days before AGM) - Discussion & Elections:
(1) Stock dividend reinvested as new capital from 2006 earnings and capital surplus
(2) To revise the company constitution
(3) To revise "Procedure of engaging in derivatives trading"
(4) To revise "Procedure of acquisition or disposal of assets"
The 2007 Sunplus Annual Shareholders' Meeting will be held in Room 205 of Science Park Life Park, No.1, Industrial East Road 2, Hsinchu Science Park, Taiwan at 9:00 AM, on Friday, June 15th, 2007. Invitations to the shareholders will be sent 30 days prior to the date of the shareholders' meeting by mail. The shareholders' register shall be closed for registration of transfer from April 17th, 2007 through June 15th, 2007.