Subsidiary USI Board Acting as Shareholders' Meeting Approves Material Resolutions
Original: 代子公司環電(股)公司公告董事會(代行股東會職權)通過 重要決議事項
Summary
ASE's subsidiary Universal Scientific Industrial (USI / 環電) held a board meeting exercising the authority of the shareholders' meeting and passed material resolutions. The specific resolution items are not disclosed in the subject line — they typically involve capital actions, dividend distribution, or charter amendments at a wholly-owned subsidiary. Full body available on MOPS.
Full Translation
On behalf of subsidiary Universal Scientific Industrial Co., Ltd. (USI / 環電), announcement that the Board of Directors (acting in lieu of the Shareholders' Meeting) has passed material resolutions. Because USI is a wholly-owned subsidiary of ASE, its board is statutorily authorized to exercise the powers of the shareholders' meeting under Taiwan's Company Act. Such resolutions commonly cover items reserved for shareholders — e.g., financial statement approval, earnings distribution, capital increase/decrease, or amendments to the articles of incorporation. [Body not available — subject line only. See MOPS for full announcement.]