Leading industrial automaker Teco Electric and Machinery Co Ltd (東元電機) on Friday received shareholder approval to distribute a cash dividend of NT$1.35 this year, about 17 percent higher than the NT$1.15 dividend the company paid the previous year.
With Teco’s stock price closing at NT$28.75 on Friday, the proposed cash dividend represents a dividend yield of 4.7 percent, higher than the interest rates on fixed-term deposits offered by local banks.
At the company’s annual general meeting in Taoyuan’s Jhongli District (中壢) on Friday, Teco said net profit last year rose 42.8 percent year-on-year to NT$5.01 billion (US$168.94 billion), raising earnings per share
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Sophia-chiu
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Machinery-co
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Chen-cheng-hui
Teco-electric
Jhongli-district
Longtan-district
台北時報
The-taipei-times
FSC tells firms to postpone annual meetings
UNPRECEDENTED: The move to delay shareholders’ meetings marked the first time the commission had imposed such a measure, but follows discussions with the CECC, it said
By Kao Shih-ching / Staff reporter
The Financial Supervisory Commission (FSC) yesterday told publicly traded companies to postpone their annual shareholders’ meetings from Monday next week to the end of next month to curb public gatherings amid a surge in COVID-19 infections.
A total of 1,931 companies had planned to convene their shareholders’ meetings during the period, but the FSC has made it mandatory for them to delay the events to July or August, it said.
Taipei
T-ai-pei
Taiwan
Thomas-huang
Wang-meng-lun
Taiwan-stock-exchange
Inventec-corp
Machinery-co
Taipei-times
Futures-bureau-deputy
Hon-hai-precision-industry-co
Financial-supervisory-commission
SME tech saves seabirds from death: Ben and Pete Kibel named European Inventor Award 2021 finalists
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British brothers nominated for European Patent Office (EPO) prize for their device that reduces accidental seabird deaths in longline fishing
Pressure-sensitive pod covers hooks at the sea surface but opens when bait sinks to depth of 20 metres
In trials, the technology cut seabird deaths by 95% without reducing catch rates
Munich, 4 May 2021 – The European Patent Office (EPO) announces that British brothers Ben and Pete Kibel have been nominated as finalists in the “SMEs” category of the European Inventor Award 2021 for their invention of a simple, low-cost device that prevents the accidental deaths of seabirds during longline fishing.
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Germany
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China
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Wien