Hsinchu Science Park, Taiwan, March 23th, 2016 - Sunplus Technology Co., Ltd. (TAIEX: 2401, LSE: SUPD) today held the meeting of the Board of Directors, at which the board adopted a proposal recommending distribution of NT$0.89 cash dividend per common share. According to this proposal, GDR holders will get NT$1.78 cash dividend per GDR share for each GDR share represents 2 common Sunplus shares. The proposal will be discussed and voted at the company's annual shareholders' meeting scheduled on June 13th, 2016.
The 2016 Sunplus annual shareholders' meeting will be held in Newton Hall of Science Park Life Hub, No.1, Industrial East Road 2, Hsinchu Science Park, Taiwan at 9:00 AM, on June 13th, 2016. The shareholders' register shall be closed for registration of transfer during April 15 to June 13, 2016. Shareholders who like to conduct the proposal shall send the motions and nomination to Sunplus from April 8th till 5:00p.m.on April 18th, 2016.
The brief meeting agenda is as follows:
Proposal & Discussions:
(1)To Amend the “Articles of Incorporation”
Report Items:
(1)2015 Business Report
(2)Report by Audit Committee
(3)Execution of Buy Back Program
(4)Remuneration to Directors and Employee Bonus in 2015
Acknowledgements:
(1)2015 Business Report and Financial Statement
(2)Distribution of 2015 Earnings
Proposal & Discussions:
(1)To Lift the Ban to Directors against Joining Competitors
Extemporary Motions