Lumax International Corp. Ltd. : Lumax Board Proposes Dividends of NT$ 3.0 Cash and NT$ 1.0 Stock Per Share
March 22, 2012 at 06:35 am EDT
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Taipei, Taiwan, March 21, 2012-Lumax (6192.tw) Board of
Directors today adopted a proposal recommending distribution of
NT$ 3.0 cash dividend and NT$ 1.0 stock dividend (100 shares
for every 1,000 owned) per common share. The proposal is about
to be discussed and approved at the Company's annual
shareholder conference on June 13, 2012.
Lumax International Corp Ltd is a Taiwan-based company mainly engaged in the distribution of electronic and telecommunication components and materials, the sale and purchase of program-controlled instruments, and system integration engineering services. The Company operates mainly through the Program Control Instrumentation segment, Program Control Systems segment, Communication and Linear Transmission Systems segment, Electronic Components segment, and Other Program Control business segment. Electronic and communication components and materials are sold to domestic and foreign electronic product manufacturers and traders in the same industry. Program-controlled instrument sales and system integration engineering services mainly provide domestic state-owned enterprises and private enterprises with the business of program-controlled instruments needed to reduce process variation.