Shareholder Services

Shareholder Informaiton

2021 Annual Shareholders' Meetings


● Meeting Time:9:00 a.m., June 23, 2021
● Shareholder Registration start at 8:30 a.m., June 23, 2021
● Meeting Venue:Room 802, No.11, Zhongshan S. Rd., Taipei City, Taiwan.
(CHANG YUNG-FA FOUNDATION International Convention Center)
● Pursuant to Article 165 of the Company Law, the shareholders’register shall be closed from April 25 to June 23, 2021.
● Share transfer should be complete the required procedures before April 24, 2021. (In case of holidays, the on-site transfer will be advanced to April 23)
● Shareholders may exercise their voting rights through the STOCKVOTE platform of Taiwan Depository & Clearing Corporation (http://www.stockvote.com.tw) during the period from May 22 to June 20, 2021.
● The acceptance period of shareholders' proposals for a shareholder holding 1% or more of all issued and outstanding shares is April 12 to April 22, 2021.
● No issued Shareholders’Meeting Souvenir.

● According to the announcement of Financial Supervisory Commission R.O.C(Taiwan), shareholders attending in person must be wear a mask and take your body temperature. Those who do not wear a mask or have a high body temperature after measurement ,LCYT have the right to reject shareholders entry the meeting. In order to implement shareholder activism and avoid the outbreak of the new coronavirus caused by group activities, shareholders are requested to make good use of electronic voting.

● In response to the "Relevant Measures for Postponement of Shareholders Meetings of Public Companies in Response to the Epidemic" announced by the Financial Supervisory Committee, the Company stopped convening the original shareholders' meeting, and after a resolution of the board of directors on June 25, changed the date of the shareholders' meeting to July 20, 2021 (Tuesday) At 9:00 am, the place and reasons for convening the shareholders' meeting will remain unchanged.
● If the domestic epidemic situation causes the need to change the date and place of the shareholders' meeting, Or, if there are other situations where the Central Epidemic Command Center and the competent authority issue the latest epidemic prevention measures, the board of directors will reconvene a resolution.

Date 2021-06-25

Dividend Policy

According to the Articles of Incorporation

  • If there are earnings in the Company's annual general final accounts, they shall first be used to pay taxes and make up for the accumulated losses (including the amount of the adjustment of the undistributed earnings), and then ten percent shall be allocated as the legal reserve as required by law (not applicable when the accumulated legal reserve has reached the Company's paid-in capital). Afterwards, special surplus reserve shall be allocated as regulated by law or by the competent authority.
  • When there is no surplus to distribute, when there is surplus but the amount is far less than the previously actually distributed surplus, or when there are considerations based on the Company's finances, business or operation, all or part of the reserve may be distributed according to the laws or the regulations of the competent authority. When the amount is distributed in cash, the Board of Directors may decide the implementation pursuant to Article 241 of the Company Act and report to the shareholders' meeting without submitting the proposal to the shareholders' meeting for ratification.
  • Prior to distributing earnings, the Company shall allocate 0.5% or more of the profits (i.e. profit before tax before deducting compensation to employees and directors) shall be allocated as compensation to employees and 2% or less of the profits shall be allocated as compensation to directors. Independent directors shall not participate in the allocation.
  • The Company may conduct distribution of earnings or loss offsetting after the end of each quarter. When the distribution is conducted in the form of new shares, the proposal shall first be submitted to the shareholders' meeting for resolution; When the distribution is conducted by cash, the Board of Directors may decide the implementation and report to the shareholders' meeting without submitting the proposal to the shareholders' meeting for ratification.
  • The Company's dividend policy is based on the Company's profit, capital structure and future operational needs. For each earnings distribution, no less than 10% may be distributed as dividend to the shareholders. However, when the accumulated distributable earnings are lower than the paid-in capital, the earnings do not have to be distributed; The distribution of dividend to shareholders may be conducted by cash or in the form of stock. The distribution of cash dividend shall be no less than 10% of the total of shareholders' dividend, in principle.

Dividend History

Year Cash Dividend Stock Dividend Total Date of Shareholder Meeting Ex-dividend Trading Day Last Transfer Day Dividend Record Date Distribution Date
2020 0.6 0 0.6 2021/7/20 2021/12/2 2021/12/5 2021/12/10 2021/12/30
2019 0.6 0 0.6 2020/6/24 2020/7/28 2020/7/29 2020/8/3 2020/8/31
2018 1.60 0 1.60 2019/6/18 2019/7/5 2019/7/8 2019/7/13 2019/8/9
2017 3.2008361 0 3.2008361 2018/6/27 2018/7/19 2018/7/20 2018/7/25 2018/8/23
2016 0 0 0 2017/4/25 - - - -
NT $ Thousand

CTBC Bank Corporate Trust Operation & Service Dept.

5F., No.83, Sec. 1, Chongqing S. Rd., Zhongzheng Dist., Taipei City 100, Taiwan

Tel +886-2-66365566
Fax +886-2-23116723
www.ctbcbank.com

go top