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Weltrend 2017 Annual General Shareholders’ Meeting Resolutions
2017-06-15
Hsinchu, Taiwan, June 15, 2017 –Weltrend Semiconductor (TAIEX: 2436) today held its 2017 Annual General Shareholders’ Meeting, which passed the following major resolutions: |
1.Acknowledged the 2016 Business Report and Financial Statements. Consolidated revenue for 2016 totaled NT$2.05 billion and net income was NT$141.77 million with earnings per share of NT$0.64. |
2.Approved the distribution of a NT$0.5 cash dividend per common share. |
3.Approved Amendment to the Procedures for Acquisition or Disposal of Assets. |
About Weltrend Semiconductor Inc. |
Founded in 1989 in the "Silicon Valley of Taiwan", the Science-Based Industrial Park (SBIP) in Hsinchu, Weltrend (TAIEX: 2436) is a leading fabless semiconductor company, also known as IC design house, specializing in the planning, design, testing, application development and distribution of mixed-signal/digital IC products across multiple applications. |