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Ministry of Economic Affairs,R.O.C.

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2022-06-15 11:27
Taiwan Sugar Corporation

TSC holds 2022 shareholder meeting to approve cash dividend of NT$0.7 per share and re-election of directors

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The TSC chairman, Chen Chao-yih, hosts 2022 shareholder meeting and the re-election of directors today
TSC calls 2022 annual meeting of shareholders today at its headquarters in Tainan. The chairman, Chen Chao-yih, hosts the meeting and announces the firm's operating income was NT$1.35 billion last year, surpassing the statutory income by NT$0.64 billion. The meeting approves the distribution of a cash dividend of NT$0.7 per share and re-election of board of directors (including independent directors).

Amid the ongoing pandemic, the meeting obeys guidelines and safety protocols issued by the competent authority, including indoor capacity limits, to ensure the meeting proceeds smoothly under thorough disease preventative measures.

"We reached great achievements of Circular Economy and New Agriculture in 2021," TSC said. Subsequent to DHF Agricultural Circulation Park, which operated in 2020 and set industry benchmarks, Oyster Shell Biomaterial Factory and Taisugar Circular Village both officially operated last year. These iconic circular economy investments embrace the eco-friendly concept which not merely implement the polices and turn the industries upside down, but also inject new impetus into business operations and boost overall growth. TSC is currently engaging in the modernization of existing 13 pig farms, residential construction, organic farming and development of green energy to enhance TSC brand value and competitiveness.

"In 2021, TSC continued to stay in line with the government policies to prevent COVID-19, propose relief measures, and boost economy," TSC added. It supplied alcohol-based handrub and stabilized the price, proposed rent cut and rent deferral, announced quintuple stimulus voucher promotions, and took the lead in setting up 'affordable areas' in TSC Million convenience stores which have already been extended twice until the end of June 2022. "TSC focused on its core businesses, as well as undertook corporate social responsibility," TSC emphasized. The firm  is committed to strengthening corporate governance to reach the goal of economic prosperity, social well-being, and environmental sustainability.

The souvenir is the 'TSC Organic Rice' gift set which contains 1 pack (900 grams) each of white and brown rice. TSC organic rice certified by MOA is planted using chemical-free and eco-friendly farming methods.The meeting notice is also included shareholder discount coupons, containing 'Buy one get one 40% off' for TSC pork ribs or knuckles, and 'Gas cash discount of NT$1.3 per liter,' an employee discount applied to the shareholders to enjoy TSC products and services.




TSC News Contact Person:
Chang, Mu-Jung
Public Relations, Department of Secretariat, TSC
Contact Number: 886-6-337-8819 / 886-920-636-951
Email: a63449@taisugar.com.tw