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Press Releases
  2005/03/28  
  Delta Electronics' Board of Directors Approves Capital Increase of Profit Sharing
 
   
   
Taipei, Taiwan, March 28, 2005 -- Delta Electronics (the Company) today held a meeting of the Board of Directors, which approved the followings:

1. The previous decision of the Board of Directors last time regarding 2004 profit sharing remains intact: NT$2.50 Cash Dividend and 5% Stock Dividend per Common Share. However, the total amount of stock dividend increases.

1.1 Profit sharing after the change: The amount of capital from stock dividend: NT$803,693,320 (50 shares per 1,000 existing shares), cash dividend: NT$4,018,466,570 (NT$2,500 per 1,000 existing shares). Note that for the original dividend distribution: The amount of capital from stock dividend: NT$798,547,340 (50 shares per 1,000 existing shares), cash dividend: NT$3,992,736,688 (NT$2,500 per 1,000 existing shares).

1.2 Reason for the change: The number of total outstanding shares increased due to conversion of ECB between the board meeting on 2005/02/25 which proposed the dividend distribution and the final day for stock transfer on 2005/03/18. The Board therefore resolved to adjust the amount of stock dividend from retained earnings to capital and cash dividend.

2. To collect capital for operation needs, the Company increases the investment in Delta Video Display System (Wujiang) Co., Ltd. (Delta Wujiang) with profits from the investment in China. The Company’s recognized investment quota is US$8,272,000.
News Source: Investor Relations
     
   
 
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