The BOD of Far Eastern New Century Co. resolved to distribute the earnings of the year of 2019.
From：
SEQ_NO
1
Date of announcement
2020/03/24
Time of announcement
18:46:34
Subject
The BOD of Far Eastern New Century Co. resolved to
distribute the earnings of the year of 2019.
Date of events
2020/03/24
To which item it meets
paragraph 14
Statement
1.Date of the board of directors resolution :2020/03/24
2.Appropriations of earnings in cash dividends to shareholders (NT$ per share):1.5
3.Cash distributed from legal reserve and capital surplus to shareholders (NT$ per share):0
4.Total amount of cash distributed to shareholders (NT$):8,029,312,841
5.Appropriations of earnings in stock dividends to shareholders (NT$ per share):0
6.Stock distributed from legal reserve and capital surplus to shareholders (NT$ per share):0
7.Total amount of stock distributed to shareholders (shares):0
8.Any other matters that need to be specified:
(1)Should FENC subsequently repurchase its common shares or issue new common shares
according to the regulations, the total number of common shares outstanding may change,
and the ultimate cash to be distributed to each common share may need to be adjusted accordingly.
It is proposed that the Board of Directors of FENC be authorized to adjust the cash to be distributed
to each common share based on the total amount of profits resolved to be distributed and the number
of actual common shares outstanding on the record date for distribution.
(2)It is proposed that the Board of Directors authorizes the Chairman to determine the record date of
ex-cash distribution after the approval by 2020 Annual Shareholders’ Meeting.
