Subsidiary ITEQ Holding Ltd. Board Approves Earnings Distribution Plan
Original: 代重要子公司ITEQ Holding Ltd.公告董事會決議盈餘分配案
Summary
ITEQ Corporation is disclosing, on behalf of its material subsidiary ITEQ Holding Ltd., that the subsidiary's board of directors has passed a resolution approving an earnings distribution proposal. The resolution determines how accumulated profits at the holding-company level will be allocated, which may affect dividend flows back to the parent and ultimately influence ITEQ Corporation's own distributable earnings. Full body available on MOPS.
Full Translation
Subject-line translation: 'On behalf of material subsidiary ITEQ Holding Ltd., announcing the board of directors' resolution on earnings distribution plan.' ITEQ Corporation (TWSE: 6213) filed this material-information disclosure acting as reporting agent for ITEQ Holding Ltd., a subsidiary deemed material under TWSE/FSC rules. The board of ITEQ Holding Ltd. convened and formally resolved an earnings (retained profit) distribution plan — typically covering cash dividends, stock dividends, or a combination thereof to be paid to shareholders of the subsidiary (i.e., the parent group). Investors should review the full announcement on MOPS for the specific distribution amount, record date, and payment schedule. [Body not available — subject line only. See MOPS for full announcement.]