2001.04.16
Sunplus Board of Directors Proposes NT$3.5 Stock Dividend
Science-Based Industrial Park, Hsinchu, Taiwan, R.O.C.
April 16, 2001 - Sunplus Technology Co., Ltd. (SUNPLUS
or the "Company") (TAIEX: 2401, FTSE : SUPD), today
held a meeting of the Board of Directors and Supervisors,
at which the Board adopted a proposal recommending distribution
of Stock dividend of NT$3.5 plus a cash dividend of NT$1.0
per common share. The proposal will be discussed and voted
on at the regular annual shareholders' meeting scheduled for
June 12, 2001.
At the meeting, the Board of Directors and Supervisors also:
- Reported audited financial statements prepared in accordance
with generally accepted accounting principles in the Republic
of China for the year ended December 31, 2000. Net sales
for 2000 were NT$6,274 million and net income was NT$2,177
million, posting a growth of 50.4% and 72.4% comparing to
the 1999 figures of NT$4,171 million and NT$ 1,263 million.
- Adopted a proposal for the distribution of dividends
with respect to income earned in FY2000.A stock dividend
of NT$3.5 plus a cash dividend of NT$1.0 per common share
will be proposed to the shareholders. The lock-up period
shall be notified on the invitation to the shareholders'
meeting.
- Scheduled the 2001 annual shareholders' meeting to be
held in the Auditorium of the Science-Based Industrial Park
Administration Recreation Center at 9:00 AM on June 12,
2001 (Tuesday). Invitations to the shareholders will be
sent 20 days prior to the date of the shareholders' meeting
by mail.
- Adopted a proposal of increasing paid-in capital by allocation
of the retained earning after dividends.
- Adopted a proposal of relieving non-competition of the
directors for resolution at the shareholders' meeting.
Chairman C. C. Huang comments: "although the competitions
are fiercer than ever in the IC design industry, Sunplus will
continually strengthen the R&D abilities and increase
shareholders' value by focusing on the higher added-valued
product development, expanding new product lines, and obtaining
patents of pertinent core technologies around the globe."
About Sunplus
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.
Sunplus Contact
Spokesperson
Wayne Shen
Vice President
+886-3-5786005#2350
wayne@sunplus.com
Deputy Spokesperson
Joseph Chuang
Administration Div. Director
+886-3-5786005#3120
pr@sunplus.com