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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.
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