Shin Kong Financial Holding Co’s (新光金控) shareholders on Friday approved a proposal to distribute a cash dividend of NT$0.4 per share, but some shareholders suggested that the company offer a higher payout to boost its share price, which has been about NT$8 in recent trading sessions.
Shin Kong Financial acting chairman Lee Tseng-chang (李增昌) said the company has over the past few years needed to set aside more of its earnings, as Shin Kong Life Insurance Co (新光人壽) would need more capital after it adopts the International Financial Reporting Standards 17 (IFRS 17) in 2026.
The company could likely pay higher cash
Lee Tseng-chang (李增昌), a 95-year-old photographer and chronicler of the history of Hsinchu County’s Jhudong Township (竹東), is soon to publish the country’s first photography book in the Hailu (海陸) dialect of the Hakka language.
The book titled <i>Child Laborer, Hsinchu Glass Co., Jhudong, and Lee Tseng-chang</i> (少年工．新玻．竹東．李增昌), consists of 400 images taken by Lee, as well as essays on the history of the township’s Hakka community, Lee’s coauthor, Ku Shao-chi (古少騏), said on Friday.
The book received funding under the Ministry of Culture’s program to promote books written in local languages spoken in Taiwan that are not Mandarin.
Lee’s photography captures the