[YFY] Announcement of Board Resolution on Dividend Distribution by Subsidiary YFY Construction Development Co., Ltd.
AI Summary (NQ-processed)
YFY Construction Development Co., Ltd. announced that its board of directors has resolved on dividend distribution. The company will issue stock dividends amounting to NT$374,000,000. This resolution was passed on June 9, 115 (Republic of China calendar), with no other matters requiring disclosure.
AI Analysis
Frequently Asked Questions
Q: What kind of company is YFY Construction Development?
A: It is a real estate development company under Taiwan's major conglomerate, the YFY Group.
Q: What was decided in this resolution?
A: It was decided to issue stock dividends totaling NT$374,000,000.
Q: When will the dividend be paid?
A: The specific payment date is not specified in this announcement.
Q: What is the significance of this news?
A: For shareholders, it is important news indicating profit distribution from the company.
Q: About the YFY Group
A: It is a leading Taiwanese corporate group with diverse businesses including paper, packaging, construction, and real estate.