{"id":3418,"date":"2026-08-26T08:39:04","date_gmt":"2026-08-26T08:39:04","guid":{"rendered":"https:\/\/www.tejwin.com\/en\/product-services\/uncategorized\/\/"},"modified":"2026-09-16T06:15:14","modified_gmt":"2026-09-16T06:15:14","slug":"shareholders-meeting","status":"publish","type":"product","link":"https:\/\/www.tejwin.com\/en\/product-services\/event-driven-data\/shareholders-meeting\/","title":{"rendered":"Shareholders&#8217; Meeting"},"content":{"rendered":"<h2 class=\"wp-block-heading\">Preface<\/h2>\n<p class=\"wp-block-paragraph\">With the growth of Taiwan\u2019s financial market, the number of listed companies has been increasing, reflecting the vibrancy of Taiwan\u2019s capital market and the expansion of corporate scale (see the chart below). In this context, shareholders\u2019 meetings are not only a crucial aspect of corporate governance but also an important event for investors. These meetings determine the future direction of the company and involve critical decisions such as dividend distribution, capital increase or reduction, all of which directly impact investment returns.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Understanding the full process\u2014from\u00a0<mark class=\"has-inline-color has-vivid-cyan-blue-color\">shareholders\u2019 meeting<\/mark>\u00a0resolutions to\u00a0<mark class=\"has-inline-color has-vivid-cyan-blue-color\">dividend<\/mark>\u00a0distribution\u2014is essential for investors to grasp key corporate developments and make informed decisions.<\/strong>\u00a0TEJ\u2019s\u00a0<strong>\u201cShareholders\u2019 Meeting Information\u201d<\/strong>\u00a0provides comprehensive data related to shareholders\u2019 meetings, covering key details such as meeting dates, agenda items, dividend distribution, and board elections. The data helps investors gain in-depth insights into corporate operations and future development strategies. Additionally, with TEJ\u2019s real-time data updates, investors can ensure the timeliness and accuracy of their investment decisions.<\/p>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Chart 1, Number of Listed(TSE and OTC) Companies in Taiwan (2010\u20132024)<\/strong><\/p>\n<p class=\"has-text-align-right wp-block-paragraph\"><strong><br \/>\n<img decoding=\"async\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/1_AD_4nXfv1EQF21eFU83VAb5CdhQBfSKYnB_vHyzVYbe3ZW-vRNVMoCzCOTYbhx7ydfQ1x5G6aMgkfDXYIm2Hz2IOFWCN8at6xZcVVQHgqxBzsrcrNf1NKNRdzB_PTcL4GgRjZmSN8KvChW9ohfYnk18rWAQkeyPIuYRd5eFeUvWeq1H5Y_hFpE.png\" alt=\"\u4e00\u5f35\u542b\u6709 \u6587\u5b57, \u87a2\u5e55\u64f7\u53d6\u756b\u9762, \u884c, \u7e6a\u5716 \u7684\u5716\u7247 AI \u7522\u751f\u7684\u5167\u5bb9\u53ef\u80fd\u4e0d\u6b63\u78ba\u3002\" \/><br \/>\n<\/strong>Data Source:TEJ<\/p>\n<p class=\"has-text-align-left has-background has-medium-font-size wp-block-paragraph\">\ud83d\udc49<a href=\"https:\/\/www.tejwin.com\/en\/solution\/event-driven-data\/\"><strong>Get related database from TEJ Event-Driven Data<\/strong><\/a><\/p>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<h2 class=\"wp-block-heading\"><span id=\"Operation_and_Regulations_of_Shareholders_Meetings_in_Taiwan\" class=\"ez-toc-section\"><\/span>Operation and Regulations of Shareholders\u2019 Meetings in Taiwan<\/h2>\n<p class=\"wp-block-paragraph\">In Taiwan, listed companies must comply with the relevant provisions of the\u00a0<strong>Company Act<\/strong>\u00a0and the\u00a0<strong>Regulations Governing the Administration of Shareholder Services of Public Companies<\/strong>\u00a0when convening shareholders\u2019 meetings to ensure\u00a0<strong>shareholder rights and market transparency<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">Shareholders\u2019 meetings in Taiwan are mainly categorized into\u00a0<strong>annual general meetings (AGMs)<\/strong>\u00a0and\u00a0<strong>extraordinary general meetings (EGMs)<\/strong>. According to regulations:<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>AGMs<\/strong>\u00a0must be held\u00a0<strong>within six months after the end of each fiscal year<\/strong>\u00a0to deliberate on key matters such as\u00a0<strong>financial statements, profit distribution, or loss offsetting<\/strong>.<\/li>\n<li><strong>EGMs<\/strong>\u00a0are convened\u00a0<strong>when necessary<\/strong>.<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\">Additionally, companies are required to\u00a0<strong>suspend share transfers<\/strong>\u00a0within the following periods to confirm shareholder registries and holdings:<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Within 60 days before the AGM date (T date)<\/strong><\/li>\n<li><strong>Within 30 days before the EGM date<\/strong><\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\">Shareholders who wish to participate must complete their share transfer procedures within the specified timeframe. For detailed legal provisions and timelines, please refer to the chart below.<\/p>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Chart 2, Timeline of Shareholders\u2019 Meeting (<\/strong><strong>Annual \/\u00a0<\/strong><strong>Extraordinary)<\/strong><\/p>\n<figure class=\"wp-block-image is-style-default\"><img decoding=\"async\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/1_AD_4nXdHwrFcheE_M98mPIat75NQoDbo6gi4F4flz5adWFjbwHXyh_4gMmDAnumclfkCWwYDdqC7wZvYD9MJkINrViVbUWZYAYG8a2NQCpN_GBbK4IqOBXppM0eAaZzsQHdV3hXb81twi9Wve3ZdYUn_w_EkeyPIuYRd5eFeUvWeq1H5Y_hFpE.png\" alt=\"\" \/><\/figure>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<p class=\"wp-block-paragraph\">From the timeline chart above, it is evident that in the\u00a0<strong>first half of each year<\/strong>, information disclosures from listed companies are continuous. Key announcements\u2014such as\u00a0<strong>dividend distribution, board director and supervisor elections, candidate list releases, changes to meeting proposals, and ex-dividend dates<\/strong>\u2014all significantly impact\u00a0<strong>stock prices, ETF selection, board decisions, and investor interests<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">For instance,\u00a0<strong>Delta Electronics (2308)<\/strong>\u00a0is scheduled to hold its shareholders\u2019 meeting on\u00a0<strong>May 30, 2024<\/strong>. According to regulations, share transfers must be suspended\u00a0<strong>within 60 days before the meeting<\/strong>, which means the suspension period is from\u00a0<strong>April 1 to May 30, 2024<\/strong>. Shareholders must complete their share transfers\u00a0<strong>by March 29, 2024<\/strong>, to be eligible to participate in the meeting.<\/p>\n<p class=\"wp-block-paragraph\">The chart below illustrates that from\u00a0<strong>February<\/strong>\u00a0until the\u00a0<strong>ex-dividend date<\/strong>, all shareholder-related announcements are recorded and flagged in the\u00a0<strong>TEJ \u201cShareholders\u2019 Meeting Information\u201d database<\/strong>. Users can\u00a0<strong>filter and utilize data<\/strong>\u00a0through various database fields for efficient analysis and application.<\/p>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Chart 3, Delta Electronics 2024 Shareholders\u2019 Meeting Schedule<\/strong><\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/1_AD_4nXdkkpJyMJoS-dJpHMGsUVVNn_ieowKu0Mh3T3kEuL91wZCtM3fFadNg932M0svpj-ZC03CFz_kcxtg5uABYHhw-pN6BPGzKcedepeXkM88vdYpPGS5RpJC6pArpHPVbUBXp2RHEwI4hbmlcGhEZJgkeyPIuYRd5eFeUvWeq1H5Y_hFpE.png\" alt=\"\" \/><\/figure>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<p class=\"wp-block-paragraph\">From the timeline chart above, it is evident that in the\u00a0<strong>first half of each year<\/strong>, information disclosures from listed companies are continuous. Key announcements\u2014such as\u00a0<strong>dividend distribution, board director and supervisor elections, candidate list releases, changes to meeting proposals, and ex-dividend dates<\/strong>\u2014all significantly impact\u00a0<strong>stock prices, ETF selection, board decisions, and investor interests<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">For instance,\u00a0<strong>Delta Electronics (2308)<\/strong>\u00a0is scheduled to hold its shareholders\u2019 meeting on\u00a0<strong>May 30, 2024<\/strong>. According to regulations, share transfers must be suspended\u00a0<strong>within 60 days before the meeting<\/strong>, which means the suspension period is from\u00a0<strong>April 1 to May 30, 2024<\/strong>. Shareholders must complete their share transfers\u00a0<strong>by March 29, 2024<\/strong>, to be eligible to participate in the meeting.<\/p>\n<p class=\"wp-block-paragraph\">The chart below illustrates that from\u00a0<strong>February<\/strong>\u00a0until the\u00a0<strong>ex-dividend date<\/strong>, all shareholder-related announcements are recorded and flagged in the\u00a0<strong>TEJ \u201cShareholders\u2019 Meeting Information\u201d database<\/strong>. Users can\u00a0<strong>filter and utilize data<\/strong>\u00a0through various database fields for efficient analysis and application.<\/p>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<h2 class=\"wp-block-heading\"><span id=\"Introduction_to_the_TEJ_%E2%80%9D_Shareholders_Meeting_Information%E2%80%9D_Database\" class=\"ez-toc-section\"><\/span>Introduction to the TEJ \u201d Shareholders\u2019 Meeting Information\u201d Database<\/h2>\n<h3 class=\"wp-block-heading\"><span id=\"Data_Sources\" class=\"ez-toc-section\"><\/span>Data Sources<\/h3>\n<p class=\"wp-block-paragraph\"><strong>Market Observation Post System (MOPS):<\/strong>\u00a0For accessing major announcements and public disclosures.<\/p>\n<h3 class=\"wp-block-heading\"><span id=\"Coverage_and_Information_Included\" class=\"ez-toc-section\"><\/span>Coverage and Information Included<\/h3>\n<p class=\"wp-block-paragraph\"><strong>Shareholders\u2019 meeting date, location, major proposals, and start and end dates of share transfer suspension for TSE, OTC, and emerging market companies.<\/strong><\/p>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-3e41869c wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100 has-custom-font-size\"><a class=\"wp-block-button__link has-background has-text-align-center wp-element-button\" href=\"https:\/\/www.tejwin.com\/en\/solution\/event-driven-data\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Want to Learn More About Our Databases and Solutions?<br \/>\n\ud83d\udc49 Explore more TEJ data products<\/strong><\/a><\/div>\n<\/div>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<h3 class=\"wp-block-heading\"><span id=\"Three_Major_Features\" class=\"ez-toc-section\"><\/span>Three Major Features<\/h3>\n<ol class=\"wp-block-list\">\n<li><strong>Data Integration \u2013 Stay Updated on Key Resolutions:<\/strong><strong><br \/>\n<\/strong>TEJ integrates essential information, including\u00a0<strong>shareholders\u2019 meeting details<\/strong>\u00a0(location, date, board election information),\u00a0<strong>dividend policies<\/strong>\u00a0(amount, ex-dividend dates),\u00a0<strong>major proposals<\/strong>\u00a0(capital increases, capital reductions, employee stock dividends), and\u00a0<strong>daily stock prices<\/strong>. This helps investors\u00a0<strong>quickly grasp company developments<\/strong>\u00a0and effectively\u00a0<strong>assess investment risks<\/strong>.<\/li>\n<li><strong>Key Dates for Event Planning \u2013 Stay Ahead of Developments:<\/strong><strong><br \/>\n<\/strong>TEJ tracks crucial dates related to shareholders\u2019 meetings, including\u00a0<strong>AGM and EGM dates, ex-dividend dates for cash dividends and capital changes, last share transfer dates, suspension periods, and short-sell repayment deadlines<\/strong>. This allows investors to\u00a0<strong>strategically plan their investment actions<\/strong>\u00a0and avoid missing important events.<\/li>\n<li><strong>Cumulative Annual Dividends \u2013 Accurate Yield Comparison:<br \/>\n<\/strong>TEJ calculates cumulative cash dividends based on the\u00a0<strong>dividend policies of Taiwan\u2019s listed companies<\/strong>, whether distributed quarterly, semi-annually, or annually. The database presents the\u00a0<strong>actual payout amounts up to the current quarter<\/strong>, enabling investors to\u00a0<strong>compare dividend distributions across periods or companies<\/strong>\u00a0and assess each company\u2019s\u00a0<strong>long-term return capacity and stability<\/strong>.<\/li>\n<\/ol>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<h2 class=\"wp-block-heading\"><span id=\"Database_Content_and_Case_Explanation\" class=\"ez-toc-section\"><\/span>Database Content and Case Explanation<\/h2>\n<ol class=\"wp-block-list\">\n<li>TEJ\u00a0<strong>\u201cShareholders\u2019 Meeting Information\u201d<\/strong>\u00a0provides key dates before and after shareholders\u2019 meetings, including the\u00a0<strong>start and end dates of share transfer suspension, margin trading suspension dates, and short-sell repayment dates<\/strong>, helping investors stay informed about meeting developments.<\/li>\n<\/ol>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/1_AD_4nXckrK5JsExZXsAVynSLYX20UmX1GlMTF9J116b32JNibewOlm00sLGyr2xmddQ74xxvrVBVzwGy1vl5liQuVtZWwITwiwadFuTBf_wdgDVOAbA__R67agHl8GF_y3E7btPmp3Z1soGDaOJRrVu4m7ckeyPIuYRd5eFeUvWeq1H5Y_hFpE.png\" alt=\"\" \/><\/figure>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Table 1, Important dates for shareholders\u2019 meetings:<\/strong><\/p>\n<figure class=\"wp-block-table\">\n<table>\n<tbody>\n<tr>\n<td><strong>Shareholders\u2019 Meeting Date<\/strong><\/td>\n<td>The scheduled date for\u00a0<strong>annual general meetings (AGMs)<\/strong>\u00a0and\u00a0<strong>extraordinary general meetings (EGMs)<\/strong>.<\/td>\n<\/tr>\n<tr>\n<td><strong>Board Meeting Date<\/strong><\/td>\n<td>The date when the board of directors\u00a0<strong>resolves to convene the shareholders\u2019 meeting<\/strong>.<\/td>\n<\/tr>\n<tr>\n<td><strong>Share Transfer Suspension Period (Start and End Dates)<\/strong><\/td>\n<td>The period during which\u00a0<strong>share transfers are suspended<\/strong>, starting\u00a0<strong>within 60 days\u00a0<\/strong><strong>before\u00a0<\/strong><strong>\u00a0the AGM<\/strong>\u00a0to confirm the shareholder registry.<\/td>\n<\/tr>\n<tr>\n<td><strong>Last Share Transfer Date<\/strong><\/td>\n<td>The\u00a0<strong>final date for shareholders to complete share transfers<\/strong>\u00a0to be eligible to participate in the meeting.<\/td>\n<\/tr>\n<tr>\n<td><strong>Margin Trading Suspension Period\u00a0<\/strong><\/td>\n<td>The timeframe when\u00a0<strong>margin trading is suspended<\/strong>\u00a0in relation to the shareholders\u2019 meeting.<\/td>\n<\/tr>\n<tr>\n<td><strong>Resumption Date for Margin Trading<\/strong><\/td>\n<td>The date when\u00a0<strong>margin trading is allowed to resume<\/strong>.<\/td>\n<\/tr>\n<tr>\n<td><strong>Last Day for Short-Sell Buyback<\/strong><\/td>\n<td>The\u00a0<strong>final date by which investors must buy back shares<\/strong>\u00a0to cover their short positions.<\/td>\n<\/tr>\n<tr>\n<td><strong>Ex-Dividend Date<\/strong><\/td>\n<td>The date when a company\u2019s stock\u00a0<strong>trades without the right to receive dividends<\/strong>, including\u00a0<strong>cash dividends, stock dividends, capital increases, reductions, and GDR ex-dividend dates<\/strong>.<\/td>\n<\/tr>\n<\/tbody>\n<\/table><figcaption class=\"wp-element-caption\"><strong>Note:<\/strong>\u00a0Starting from\u00a0<strong>March 16, 2015<\/strong>, the restriction on\u00a0<strong>suspending margin purchases prior to the share transfer suspension period<\/strong>\u00a0has been lifted.<\/figcaption><\/figure>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<ol class=\"wp-block-list\" start=\"2\">\n<li><strong>Comprehensive Data Integration \u2013 Stay Updated on Key Resolutions<\/strong><strong><br \/>\n<\/strong>TEJ\u2019s database provides detailed information and dates related to\u00a0<strong>major proposals discussed during shareholders\u2019 meetings<\/strong>, such as\u00a0<strong>cash capital increases, private placements, GDR issuances, and capital reductions<\/strong>, ensuring investors stay informed and do not miss important decisions.<\/li>\n<\/ol>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<h3 class=\"wp-block-heading\"><span id=\"Case_Study_Cash_Capital_Increase\" class=\"ez-toc-section\"><\/span>Case Study: Cash Capital Increase<\/h3>\n<p class=\"wp-block-paragraph\"><strong>STARLUX Airlines (2646)<\/strong>\u00a0held its shareholders\u2019 meeting on\u00a0<strong>June 14, 2024<\/strong>, where a proposal for a\u00a0<strong>public offering of new shares as part of its initial capital increase prior to listing<\/strong>\u00a0was discussed and approved. The proposal included a resolution for\u00a0<strong>existing shareholders to waive their preemptive rights<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">Following the shareholders\u2019 meeting, the company initiated the required procedures for the cash capital increase and disclosed major announcements on the\u00a0<strong>Market Observation Post System (MOPS)<\/strong>. Key highlights of the capital increase announcements are as follows:<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>August 28, 2024:<\/strong>\u00a0The board of directors resolved to issue a\u00a0<strong>total amount of NT$4.7 billion<\/strong>.<\/li>\n<li><strong>October 1, 2024:<\/strong>\u00a0The company announced the\u00a0<strong>ex-rights date<\/strong>\u00a0for the capital increase as\u00a0<strong>October 21, 2024<\/strong>, along with the payment schedule (<strong>refer to TEJ\u2019s Capital Formation Database for details<\/strong>).<\/li>\n<li><strong>October 11, 2024:<\/strong>\u00a0The company announced the\u00a0<strong>subscription price<\/strong>\u00a0for the capital increase at\u00a0<strong>NT$20 per share<\/strong>.<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\">All detailed information regarding this capital increase will be included and presented in the\u00a0<strong>TEJ \u201cShareholders\u2019 Meeting Information\u201d<\/strong>\u00a0database.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/1_AD_4nXczZq8xl0O-z6wEYWD9LJEjfPUoR0mNhfL-hovtLyWN1mg7eKEcKUpi6RA4ok2CWOZG7C7GFYoy6_h7owc5WjvYOACRkwi1yy6LfOPSQHG-QInyHRu2x_sqTqFAiXYqREqp2Ob2tpjZ1Z4AVzzYsgkeyPIuYRd5eFeUvWeq1H5Y_hFpE.png\" alt=\"\" \/><\/figure>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<h3 class=\"wp-block-heading\"><span id=\"Case_Study_Private_Placement_for_Capital_Increase\" class=\"ez-toc-section\"><\/span>Case Study: Private Placement for Capital Increase<\/h3>\n<p class=\"wp-block-paragraph\"><strong>Private placement<\/strong>\u00a0refers to a company seeking investments from\u00a0<strong>specific institutional or large-scale investors<\/strong>\u00a0for purchasing its newly issued securities. This approach helps\u00a0<strong>reduce underwriting and administrative costs<\/strong>, shortens the fundraising timeline, and efficiently achieves capital-raising objectives.<\/p>\n<p class=\"wp-block-paragraph\">For example,\u00a0<strong>Alchip-KY (3661)<\/strong>\u00a0held its shareholders\u2019 meeting on\u00a0<strong>May 30, 2024<\/strong>, where a proposal for conducting a\u00a0<strong>private placement of common shares<\/strong>\u00a0was discussed and approved. The key details are as follows:<\/p>\n<ul class=\"wp-block-list\">\n<li>The\u00a0<strong>total private placement quota<\/strong>\u00a0is set at\u00a0<strong>no more than 1,000,000 shares<\/strong>.<\/li>\n<li>The private placement can be conducted\u00a0<strong>in a single tranche or up to three separate tranches<\/strong>\u00a0within\u00a0<strong>one year<\/strong>\u00a0from the date of the shareholders\u2019 resolution.<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\">All relevant announcements regarding this private placement will be included and presented in the\u00a0<strong>TEJ \u201d Shareholders\u2019 Meeting Information\u201d<\/strong>\u00a0database.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/1_AD_4nXeup5Ngcj9VCannaC4U_Gnq3rKJ7WyseRuW_pG2GjXLKJ0XtKwP6u5aN1zqHfn2fEt2I9JQxX2uMHSBtzzweAjauTsqyGYBV6jTZCbjA9Yhc8H_ygo0H0Q3A9DuGjAYEfdenv-Atq8Qell3-RzMk8YkeyPIuYRd5eFeUvWeq1H5Y_hFpE.png\" alt=\"\" \/><\/figure>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<h3 class=\"wp-block-heading\"><span id=\"Capital_Reduction_Case\" class=\"ez-toc-section\"><\/span>Capital Reduction Case:<\/h3>\n<p class=\"wp-block-paragraph\">Capital reduction is a method for companies to adjust their capital structure. It can be categorized into three types:\u00a0<strong>cash capital reduction, treasury stock capital reduction, and loss offset capital reduction<\/strong>. According to\u00a0<strong>Article 172, Paragraph 5 of the Company Act<\/strong>, capital reduction proposals must be\u00a0<strong>listed in the agenda of the shareholders\u2019 meeting<\/strong>\u00a0with a clear explanation of their main content and\u00a0<strong>cannot be proposed as an ad-hoc motion<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">The following explains capital reduction cases mentioned in shareholders\u2019 meetings and how they are recorded in the\u00a0<strong>TEJ \u201cShareholders\u2019 Meeting Information\u201d<\/strong>\u00a0database.<\/p>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<h3 class=\"wp-block-heading\"><span id=\"Cash_Capital_Reduction\" class=\"ez-toc-section\"><\/span>Cash Capital Reduction<\/h3>\n<p class=\"wp-block-paragraph\">Innolux Corporation (3481) held its shareholders\u2019 meeting on\u00a0<strong>May 31, 2024<\/strong>, where the proposal for a\u00a0<strong>cash capital reduction<\/strong>\u00a0was discussed and approved. After the shareholders\u2019 meeting, the company proceeded with the necessary procedures for the capital reduction and announced the relevant information on the\u00a0<strong>Market Observation Post System (MOPS)<\/strong>. Key excerpts from the capital reduction announcement are as follows:<\/p>\n<p class=\"wp-block-paragraph\">On\u00a0<strong>July 10, 2024<\/strong>, the company announced the\u00a0<strong>capital reduction record date<\/strong>\u00a0and the\u00a0<strong>share exchange plan<\/strong>, stating that the capital would be reduced by\u00a0<strong>NT$10,894,360,010<\/strong>\u00a0with a\u00a0<strong>reduction ratio of 12%<\/strong>. Shareholders would receive a\u00a0<strong>cash refund of NT$1.2 per share<\/strong>\u00a0(for details, refer to the\u00a0<strong>TEJ Capital Formation Database<\/strong>).<\/p>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<h3 class=\"wp-block-heading\"><span id=\"Loss_Offset_Capital_Reduction\" class=\"ez-toc-section\"><\/span>Loss Offset Capital Reduction<\/h3>\n<p class=\"wp-block-paragraph\">Les Enphants (2911) held its shareholders\u2019 meeting on\u00a0<strong>May 24, 2024<\/strong>, where the proposal for a\u00a0<strong>capital reduction to offset losses<\/strong>\u00a0was discussed and approved. After the shareholders\u2019 meeting, the company proceeded with the necessary procedures for the capital reduction and announced the relevant information on the\u00a0<strong>Market Observation Post System (MOPS)<\/strong>. Key excerpts from the capital reduction announcement are as follows:<\/p>\n<p class=\"wp-block-paragraph\">On\u00a0<strong>August 1, 2024<\/strong>, the company announced the\u00a0<strong>capital reduction record date<\/strong>\u00a0and the\u00a0<strong>share exchange plan<\/strong>, stating that the capital would be reduced by\u00a0<strong>NT$350,419,990<\/strong>, with a\u00a0<strong>reduction ratio of 25%<\/strong>\u00a0(for details, refer to the\u00a0<strong>TEJ Capital Formation Database<\/strong>).<\/p>\n<p class=\"wp-block-paragraph\">The complete information regarding this capital reduction will be recorded and presented in the\u00a0<strong>TEJ \u201d Shareholders\u2019 Meeting Information\u201d<\/strong>\u00a0database as follows.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/AD_4nXdFuCqd1XFqYT1xE5pDLHRQ1SzpBMzjMPOSpWKJWhbfoZSWjy_7K_azojFGhXPsqI5gj37TnjZnVdkGP-4iaAWYEg6Jcp22_gSSxFvkmIx7cCgZgDqvLoFIPpKFb_YveH5Y6OWLaiuL-Vv1OwIAKvQkeyPIuYRd5eFeUvWeq1H5Y_hFpE.png\" alt=\"\" \/><\/figure>\n<ol class=\"wp-block-list\" start=\"3\">\n<li><strong>Dividend Policy Information Approved by the Shareholders\u2019 Meeting<\/strong><\/li>\n<\/ol>\n<p class=\"wp-block-paragraph\">The\u00a0<strong>TEJ \u201cShareholders\u2019 Meeting Information\u201d<\/strong>\u00a0provides information on the\u00a0<strong>dividend policy resolutions<\/strong>\u00a0passed during each shareholders\u2019 meeting and accumulates the\u00a0<strong>annual dividend amounts<\/strong>. This facilitates comparisons over different periods or across companies based on an annual frequency.<\/p>\n<p class=\"wp-block-paragraph\">The example below shows\u00a0<strong>TSMC (2330)<\/strong>\u00a0and its\u00a0<strong>quarterly dividend distribution for 2024<\/strong>. In the\u00a0<strong>fourth quarter<\/strong>, a dividend of\u00a0<strong>NT$4.5 per share<\/strong>\u00a0will be distributed, with the\u00a0<strong>ex-dividend date set for June 12, 2025<\/strong>. The\u00a0<strong>accumulated annual cash dividend<\/strong>\u00a0for 2024 amounts to\u00a0<strong>NT$16.99977526 per share<\/strong>.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/AD_4nXd2xTIQHCSF_BbXNNt0AWYf_QTdYzHl_Q8OAcBpwzIKStd37JwQ8AQNmXznsVEtdQUF5BUUSydFLCzWdAT8R9IbF76L3BQknTw4YzdQoD0zUmHZpEoP-vG_aXNKdxI6Azyi5myh98xCEfytWOau4TAkeyPIuYRd5eFeUvWeq1H5Y_hFpE.png\" alt=\"\" \/><\/figure>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<h2 class=\"wp-block-heading\"><span id=\"From_Shareholders_Meeting_Resolutions_to_Dividend_Distribution_Grasping_Key_Shareholders_Meeting_Information\" class=\"ez-toc-section\"><\/span>From Shareholders\u2019 Meeting Resolutions to Dividend Distribution: Grasping Key Shareholders\u2019 Meeting Information<\/h2>\n<p class=\"wp-block-paragraph\">Statistics show that in\u00a0<strong>2024<\/strong>, there were over\u00a0<strong>76,000 major announcements<\/strong>\u00a0made by listed companies on the\u00a0<strong>Market Observation Post System (MOPS)<\/strong>, with more than\u00a0<strong>41,000<\/strong>\u00a0of these announcements occurring during the peak shareholders\u2019 meeting season in the\u00a0<strong>first half of the year<\/strong>. TEJ conducts\u00a0<strong>daily screening,\u00a0<\/strong><strong>categorizing, and organizing<\/strong>\u00a0of nearly\u00a0<strong>a thousand announcements<\/strong>, transforming them into actionable information for investors.<\/p>\n<p class=\"wp-block-paragraph\">The\u00a0<strong>TEJ \u201cShareholders\u2019 Meeting Information\u201d<\/strong>\u00a0database not only helps investors\u00a0<strong>stay updated on shareholders\u2019 meeting resolutions, dividend policies, and market trends<\/strong>\u00a0but also serves as a valuable data source for\u00a0<strong>quantitative investment strategies<\/strong>. By providing\u00a0<strong>comprehensive and structured information<\/strong>, the database supports various investment strategies, including\u00a0<strong>dividend arbitrage, event-driven trading, and corporate governance analysis<\/strong>, enabling investors to gain deeper market insights and make more informed investment decisions.<\/p>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\n<h2 class=\"wp-block-heading\"><span id=\"Further_Reading\" class=\"ez-toc-section\"><\/span>Further Reading<\/h2>\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-tej wp-block-embed-tej\">\n<div class=\"wp-block-embed__wrapper\"><iframe loading=\"lazy\" class=\"wp-embedded-content\" title=\"\u201cForecasting Dividend Rebound Probability with Ex-Dividend Event Studies\u201d \u2014 TEJ\" src=\"https:\/\/www.tejwin.com\/en\/insight\/forecasting-dividend-rebound-probability-with-ex-dividend-event-studies\/embed\/#?secret=7ZMK84dT4Y#?secret=xiwirnLiYm\" width=\"600\" height=\"727\" frameborder=\"0\" scrolling=\"no\" sandbox=\"allow-scripts\"><\/iframe><\/div>\n<\/figure>\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-3e41869c wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50 has-custom-font-size is-style-outline has-medium-font-size is-style-outline--1\"><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Preface With the growth of Taiwan\u2019s financial market, t [&hellip;]<\/p>\n","protected":false},"featured_media":0,"template":"","tags":[106,95],"product_category":[42],"class_list":["post-3418","product","type-product","status-publish","hentry","tag-event-driven-data","tag-shareholders-meeting","product_category-event-driven-data"],"acf":{"p_introduction":"<h2 class=\"wp-block-heading\">Preface<\/h2>\r\n<p class=\"wp-block-paragraph\">With the growth of Taiwan\u2019s financial market, the number of listed companies has been increasing, reflecting the vibrancy of Taiwan\u2019s capital market and the expansion of corporate scale (see the chart below). In this context, shareholders\u2019 meetings are not only a crucial aspect of corporate governance but also an important event for investors. These meetings determine the future direction of the company and involve critical decisions such as dividend distribution, capital increase or reduction, all of which directly impact investment returns.<\/p>\r\n<p class=\"wp-block-paragraph\"><strong>Understanding the full process\u2014from\u00a0<mark class=\"has-inline-color has-vivid-cyan-blue-color\">shareholders\u2019 meeting<\/mark>\u00a0resolutions to\u00a0<mark class=\"has-inline-color has-vivid-cyan-blue-color\">dividend<\/mark>\u00a0distribution\u2014is essential for investors to grasp key corporate developments and make informed decisions.<\/strong>\u00a0TEJ\u2019s\u00a0<strong>\u201cShareholders\u2019 Meeting Information\u201d<\/strong>\u00a0provides comprehensive data related to shareholders\u2019 meetings, covering key details such as meeting dates, agenda items, dividend distribution, and board elections. The data helps investors gain in-depth insights into corporate operations and future development strategies. Additionally, with TEJ\u2019s real-time data updates, investors can ensure the timeliness and accuracy of their investment decisions.<\/p>\r\n\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Chart 1, Number of Listed(TSE and OTC) Companies in Taiwan (2010\u20132024)<\/strong><\/p>\r\n<p class=\"has-text-align-right wp-block-paragraph\"><strong>\r\n<img src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/1_AD_4nXfv1EQF21eFU83VAb5CdhQBfSKYnB_vHyzVYbe3ZW-vRNVMoCzCOTYbhx7ydfQ1x5G6aMgkfDXYIm2Hz2IOFWCN8at6xZcVVQHgqxBzsrcrNf1NKNRdzB_PTcL4GgRjZmSN8KvChW9ohfYnk18rWAQkeyPIuYRd5eFeUvWeq1H5Y_hFpE.png\" alt=\"\u4e00\u5f35\u542b\u6709 \u6587\u5b57, \u87a2\u5e55\u64f7\u53d6\u756b\u9762, \u884c, \u7e6a\u5716 \u7684\u5716\u7247 AI \u7522\u751f\u7684\u5167\u5bb9\u53ef\u80fd\u4e0d\u6b63\u78ba\u3002\" \/>\r\n<\/strong>Data Source:TEJ<\/p>\r\n<p class=\"has-text-align-left has-background has-medium-font-size wp-block-paragraph\">\ud83d\udc49<a href=\"https:\/\/www.tejwin.com\/en\/solution\/event-driven-data\/\"><strong>Get related database from TEJ Event-Driven Data<\/strong><\/a><\/p>\r\n\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<h2 class=\"wp-block-heading\"><span id=\"Operation_and_Regulations_of_Shareholders_Meetings_in_Taiwan\" class=\"ez-toc-section\"><\/span>Operation and Regulations of Shareholders\u2019 Meetings in Taiwan<\/h2>\r\n<p class=\"wp-block-paragraph\">In Taiwan, listed companies must comply with the relevant provisions of the\u00a0<strong>Company Act<\/strong>\u00a0and the\u00a0<strong>Regulations Governing the Administration of Shareholder Services of Public Companies<\/strong>\u00a0when convening shareholders\u2019 meetings to ensure\u00a0<strong>shareholder rights and market transparency<\/strong>.<\/p>\r\n<p class=\"wp-block-paragraph\">Shareholders\u2019 meetings in Taiwan are mainly categorized into\u00a0<strong>annual general meetings (AGMs)<\/strong>\u00a0and\u00a0<strong>extraordinary general meetings (EGMs)<\/strong>. According to regulations:<\/p>\r\n\r\n<ul class=\"wp-block-list\">\r\n \t<li><strong>AGMs<\/strong>\u00a0must be held\u00a0<strong>within six months after the end of each fiscal year<\/strong>\u00a0to deliberate on key matters such as\u00a0<strong>financial statements, profit distribution, or loss offsetting<\/strong>.<\/li>\r\n \t<li><strong>EGMs<\/strong>\u00a0are convened\u00a0<strong>when necessary<\/strong>.<\/li>\r\n<\/ul>\r\n<p class=\"wp-block-paragraph\">Additionally, companies are required to\u00a0<strong>suspend share transfers<\/strong>\u00a0within the following periods to confirm shareholder registries and holdings:<\/p>\r\n\r\n<ul class=\"wp-block-list\">\r\n \t<li><strong>Within 60 days before the AGM date (T date)<\/strong><\/li>\r\n \t<li><strong>Within 30 days before the EGM date<\/strong><\/li>\r\n<\/ul>\r\n<p class=\"wp-block-paragraph\">Shareholders who wish to participate must complete their share transfer procedures within the specified timeframe. For detailed legal provisions and timelines, please refer to the chart below.<\/p>\r\n\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Chart 2, Timeline of Shareholders\u2019 Meeting (<\/strong><strong>Annual \/\u00a0<\/strong><strong>Extraordinary)<\/strong><\/p>\r\n\r\n<figure class=\"wp-block-image is-style-default\"><img src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/1_AD_4nXdHwrFcheE_M98mPIat75NQoDbo6gi4F4flz5adWFjbwHXyh_4gMmDAnumclfkCWwYDdqC7wZvYD9MJkINrViVbUWZYAYG8a2NQCpN_GBbK4IqOBXppM0eAaZzsQHdV3hXb81twi9Wve3ZdYUn_w_EkeyPIuYRd5eFeUvWeq1H5Y_hFpE.png\" alt=\"\" \/><\/figure>\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<p class=\"wp-block-paragraph\">From the timeline chart above, it is evident that in the\u00a0<strong>first half of each year<\/strong>, information disclosures from listed companies are continuous. Key announcements\u2014such as\u00a0<strong>dividend distribution, board director and supervisor elections, candidate list releases, changes to meeting proposals, and ex-dividend dates<\/strong>\u2014all significantly impact\u00a0<strong>stock prices, ETF selection, board decisions, and investor interests<\/strong>.<\/p>\r\n<p class=\"wp-block-paragraph\">For instance,\u00a0<strong>Delta Electronics (2308)<\/strong>\u00a0is scheduled to hold its shareholders\u2019 meeting on\u00a0<strong>May 30, 2024<\/strong>. According to regulations, share transfers must be suspended\u00a0<strong>within 60 days before the meeting<\/strong>, which means the suspension period is from\u00a0<strong>April 1 to May 30, 2024<\/strong>. Shareholders must complete their share transfers\u00a0<strong>by March 29, 2024<\/strong>, to be eligible to participate in the meeting.<\/p>\r\n<p class=\"wp-block-paragraph\">The chart below illustrates that from\u00a0<strong>February<\/strong>\u00a0until the\u00a0<strong>ex-dividend date<\/strong>, all shareholder-related announcements are recorded and flagged in the\u00a0<strong>TEJ \u201cShareholders\u2019 Meeting Information\u201d database<\/strong>. Users can\u00a0<strong>filter and utilize data<\/strong>\u00a0through various database fields for efficient analysis and application.<\/p>\r\n\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Chart 3, Delta Electronics 2024 Shareholders\u2019 Meeting Schedule<\/strong><\/p>\r\n\r\n<figure class=\"wp-block-image\"><img src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/1_AD_4nXdkkpJyMJoS-dJpHMGsUVVNn_ieowKu0Mh3T3kEuL91wZCtM3fFadNg932M0svpj-ZC03CFz_kcxtg5uABYHhw-pN6BPGzKcedepeXkM88vdYpPGS5RpJC6pArpHPVbUBXp2RHEwI4hbmlcGhEZJgkeyPIuYRd5eFeUvWeq1H5Y_hFpE.png\" alt=\"\" \/><\/figure>\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<p class=\"wp-block-paragraph\">From the timeline chart above, it is evident that in the\u00a0<strong>first half of each year<\/strong>, information disclosures from listed companies are continuous. Key announcements\u2014such as\u00a0<strong>dividend distribution, board director and supervisor elections, candidate list releases, changes to meeting proposals, and ex-dividend dates<\/strong>\u2014all significantly impact\u00a0<strong>stock prices, ETF selection, board decisions, and investor interests<\/strong>.<\/p>\r\n<p class=\"wp-block-paragraph\">For instance,\u00a0<strong>Delta Electronics (2308)<\/strong>\u00a0is scheduled to hold its shareholders\u2019 meeting on\u00a0<strong>May 30, 2024<\/strong>. According to regulations, share transfers must be suspended\u00a0<strong>within 60 days before the meeting<\/strong>, which means the suspension period is from\u00a0<strong>April 1 to May 30, 2024<\/strong>. Shareholders must complete their share transfers\u00a0<strong>by March 29, 2024<\/strong>, to be eligible to participate in the meeting.<\/p>\r\n<p class=\"wp-block-paragraph\">The chart below illustrates that from\u00a0<strong>February<\/strong>\u00a0until the\u00a0<strong>ex-dividend date<\/strong>, all shareholder-related announcements are recorded and flagged in the\u00a0<strong>TEJ \u201cShareholders\u2019 Meeting Information\u201d database<\/strong>. Users can\u00a0<strong>filter and utilize data<\/strong>\u00a0through various database fields for efficient analysis and application.<\/p>\r\n\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<h2 class=\"wp-block-heading\"><span id=\"Introduction_to_the_TEJ_%E2%80%9D_Shareholders_Meeting_Information%E2%80%9D_Database\" class=\"ez-toc-section\"><\/span>Introduction to the TEJ \u201d Shareholders\u2019 Meeting Information\u201d Database<\/h2>\r\n<h3 class=\"wp-block-heading\"><span id=\"Data_Sources\" class=\"ez-toc-section\"><\/span>Data Sources<\/h3>\r\n<p class=\"wp-block-paragraph\"><strong>Market Observation Post System (MOPS):<\/strong>\u00a0For accessing major announcements and public disclosures.<\/p>\r\n\r\n<h3 class=\"wp-block-heading\"><span id=\"Coverage_and_Information_Included\" class=\"ez-toc-section\"><\/span>Coverage and Information Included<\/h3>\r\n<p class=\"wp-block-paragraph\"><strong>Shareholders\u2019 meeting date, location, major proposals, and start and end dates of share transfer suspension for TSE, OTC, and emerging market companies.<\/strong><\/p>\r\n\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-3e41869c wp-block-buttons-is-layout-flex\">\r\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100 has-custom-font-size\"><a class=\"wp-block-button__link has-background has-text-align-center wp-element-button\" href=\"https:\/\/www.tejwin.com\/en\/solution\/event-driven-data\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Want to Learn More About Our Databases and Solutions?\r\n\ud83d\udc49 Explore more TEJ data products<\/strong><\/a><\/div>\r\n<\/div>\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<h3 class=\"wp-block-heading\"><span id=\"Three_Major_Features\" class=\"ez-toc-section\"><\/span>Three Major Features<\/h3>\r\n<ol class=\"wp-block-list\">\r\n \t<li><strong>Data Integration \u2013 Stay Updated on Key Resolutions:<\/strong><strong>\r\n<\/strong>TEJ integrates essential information, including\u00a0<strong>shareholders\u2019 meeting details<\/strong>\u00a0(location, date, board election information),\u00a0<strong>dividend policies<\/strong>\u00a0(amount, ex-dividend dates),\u00a0<strong>major proposals<\/strong>\u00a0(capital increases, capital reductions, employee stock dividends), and\u00a0<strong>daily stock prices<\/strong>. This helps investors\u00a0<strong>quickly grasp company developments<\/strong>\u00a0and effectively\u00a0<strong>assess investment risks<\/strong>.<\/li>\r\n \t<li><strong>Key Dates for Event Planning \u2013 Stay Ahead of Developments:<\/strong><strong>\r\n<\/strong>TEJ tracks crucial dates related to shareholders\u2019 meetings, including\u00a0<strong>AGM and EGM dates, ex-dividend dates for cash dividends and capital changes, last share transfer dates, suspension periods, and short-sell repayment deadlines<\/strong>. This allows investors to\u00a0<strong>strategically plan their investment actions<\/strong>\u00a0and avoid missing important events.<\/li>\r\n \t<li><strong>Cumulative Annual Dividends \u2013 Accurate Yield Comparison:\r\n<\/strong>TEJ calculates cumulative cash dividends based on the\u00a0<strong>dividend policies of Taiwan\u2019s listed companies<\/strong>, whether distributed quarterly, semi-annually, or annually. The database presents the\u00a0<strong>actual payout amounts up to the current quarter<\/strong>, enabling investors to\u00a0<strong>compare dividend distributions across periods or companies<\/strong>\u00a0and assess each company\u2019s\u00a0<strong>long-term return capacity and stability<\/strong>.<\/li>\r\n<\/ol>\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<h2 class=\"wp-block-heading\"><span id=\"Database_Content_and_Case_Explanation\" class=\"ez-toc-section\"><\/span>Database Content and Case Explanation<\/h2>\r\n<ol class=\"wp-block-list\">\r\n \t<li>TEJ\u00a0<strong>\u201cShareholders\u2019 Meeting Information\u201d<\/strong>\u00a0provides key dates before and after shareholders\u2019 meetings, including the\u00a0<strong>start and end dates of share transfer suspension, margin trading suspension dates, and short-sell repayment dates<\/strong>, helping investors stay informed about meeting developments.<\/li>\r\n<\/ol>\r\n<figure class=\"wp-block-image\"><img src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/1_AD_4nXckrK5JsExZXsAVynSLYX20UmX1GlMTF9J116b32JNibewOlm00sLGyr2xmddQ74xxvrVBVzwGy1vl5liQuVtZWwITwiwadFuTBf_wdgDVOAbA__R67agHl8GF_y3E7btPmp3Z1soGDaOJRrVu4m7ckeyPIuYRd5eFeUvWeq1H5Y_hFpE.png\" alt=\"\" \/><\/figure>\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Table 1, Important dates for shareholders\u2019 meetings:<\/strong><\/p>\r\n\r\n<figure class=\"wp-block-table\">\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><strong>Shareholders\u2019 Meeting Date<\/strong><\/td>\r\n<td>The scheduled date for\u00a0<strong>annual general meetings (AGMs)<\/strong>\u00a0and\u00a0<strong>extraordinary general meetings (EGMs)<\/strong>.<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Board Meeting Date<\/strong><\/td>\r\n<td>The date when the board of directors\u00a0<strong>resolves to convene the shareholders\u2019 meeting<\/strong>.<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Share Transfer Suspension Period (Start and End Dates)<\/strong><\/td>\r\n<td>The period during which\u00a0<strong>share transfers are suspended<\/strong>, starting\u00a0<strong>within 60 days\u00a0<\/strong><strong>before\u00a0<\/strong><strong>\u00a0the AGM<\/strong>\u00a0to confirm the shareholder registry.<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Last Share Transfer Date<\/strong><\/td>\r\n<td>The\u00a0<strong>final date for shareholders to complete share transfers<\/strong>\u00a0to be eligible to participate in the meeting.<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Margin Trading Suspension Period\u00a0<\/strong><\/td>\r\n<td>The timeframe when\u00a0<strong>margin trading is suspended<\/strong>\u00a0in relation to the shareholders\u2019 meeting.<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Resumption Date for Margin Trading<\/strong><\/td>\r\n<td>The date when\u00a0<strong>margin trading is allowed to resume<\/strong>.<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Last Day for Short-Sell Buyback<\/strong><\/td>\r\n<td>The\u00a0<strong>final date by which investors must buy back shares<\/strong>\u00a0to cover their short positions.<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Ex-Dividend Date<\/strong><\/td>\r\n<td>The date when a company\u2019s stock\u00a0<strong>trades without the right to receive dividends<\/strong>, including\u00a0<strong>cash dividends, stock dividends, capital increases, reductions, and GDR ex-dividend dates<\/strong>.<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<figcaption class=\"wp-element-caption\"><strong>Note:<\/strong>\u00a0Starting from\u00a0<strong>March 16, 2015<\/strong>, the restriction on\u00a0<strong>suspending margin purchases prior to the share transfer suspension period<\/strong>\u00a0has been lifted.<\/figcaption><\/figure>\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<ol class=\"wp-block-list\" start=\"2\">\r\n \t<li><strong>Comprehensive Data Integration \u2013 Stay Updated on Key Resolutions<\/strong><strong>\r\n<\/strong>TEJ\u2019s database provides detailed information and dates related to\u00a0<strong>major proposals discussed during shareholders\u2019 meetings<\/strong>, such as\u00a0<strong>cash capital increases, private placements, GDR issuances, and capital reductions<\/strong>, ensuring investors stay informed and do not miss important decisions.<\/li>\r\n<\/ol>\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<h3 class=\"wp-block-heading\"><span id=\"Case_Study_Cash_Capital_Increase\" class=\"ez-toc-section\"><\/span>Case Study: Cash Capital Increase<\/h3>\r\n<p class=\"wp-block-paragraph\"><strong>STARLUX Airlines (2646)<\/strong>\u00a0held its shareholders\u2019 meeting on\u00a0<strong>June 14, 2024<\/strong>, where a proposal for a\u00a0<strong>public offering of new shares as part of its initial capital increase prior to listing<\/strong>\u00a0was discussed and approved. The proposal included a resolution for\u00a0<strong>existing shareholders to waive their preemptive rights<\/strong>.<\/p>\r\n<p class=\"wp-block-paragraph\">Following the shareholders\u2019 meeting, the company initiated the required procedures for the cash capital increase and disclosed major announcements on the\u00a0<strong>Market Observation Post System (MOPS)<\/strong>. Key highlights of the capital increase announcements are as follows:<\/p>\r\n\r\n<ul class=\"wp-block-list\">\r\n \t<li><strong>August 28, 2024:<\/strong>\u00a0The board of directors resolved to issue a\u00a0<strong>total amount of NT$4.7 billion<\/strong>.<\/li>\r\n \t<li><strong>October 1, 2024:<\/strong>\u00a0The company announced the\u00a0<strong>ex-rights date<\/strong>\u00a0for the capital increase as\u00a0<strong>October 21, 2024<\/strong>, along with the payment schedule (<strong>refer to TEJ\u2019s Capital Formation Database for details<\/strong>).<\/li>\r\n \t<li><strong>October 11, 2024:<\/strong>\u00a0The company announced the\u00a0<strong>subscription price<\/strong>\u00a0for the capital increase at\u00a0<strong>NT$20 per share<\/strong>.<\/li>\r\n<\/ul>\r\n<p class=\"wp-block-paragraph\">All detailed information regarding this capital increase will be included and presented in the\u00a0<strong>TEJ \u201cShareholders\u2019 Meeting Information\u201d<\/strong>\u00a0database.<\/p>\r\n\r\n<figure class=\"wp-block-image\"><img src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/1_AD_4nXczZq8xl0O-z6wEYWD9LJEjfPUoR0mNhfL-hovtLyWN1mg7eKEcKUpi6RA4ok2CWOZG7C7GFYoy6_h7owc5WjvYOACRkwi1yy6LfOPSQHG-QInyHRu2x_sqTqFAiXYqREqp2Ob2tpjZ1Z4AVzzYsgkeyPIuYRd5eFeUvWeq1H5Y_hFpE.png\" alt=\"\" \/><\/figure>\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<h3 class=\"wp-block-heading\"><span id=\"Case_Study_Private_Placement_for_Capital_Increase\" class=\"ez-toc-section\"><\/span>Case Study: Private Placement for Capital Increase<\/h3>\r\n<p class=\"wp-block-paragraph\"><strong>Private placement<\/strong>\u00a0refers to a company seeking investments from\u00a0<strong>specific institutional or large-scale investors<\/strong>\u00a0for purchasing its newly issued securities. This approach helps\u00a0<strong>reduce underwriting and administrative costs<\/strong>, shortens the fundraising timeline, and efficiently achieves capital-raising objectives.<\/p>\r\n<p class=\"wp-block-paragraph\">For example,\u00a0<strong>Alchip-KY (3661)<\/strong>\u00a0held its shareholders\u2019 meeting on\u00a0<strong>May 30, 2024<\/strong>, where a proposal for conducting a\u00a0<strong>private placement of common shares<\/strong>\u00a0was discussed and approved. The key details are as follows:<\/p>\r\n\r\n<ul class=\"wp-block-list\">\r\n \t<li>The\u00a0<strong>total private placement quota<\/strong>\u00a0is set at\u00a0<strong>no more than 1,000,000 shares<\/strong>.<\/li>\r\n \t<li>The private placement can be conducted\u00a0<strong>in a single tranche or up to three separate tranches<\/strong>\u00a0within\u00a0<strong>one year<\/strong>\u00a0from the date of the shareholders\u2019 resolution.<\/li>\r\n<\/ul>\r\n<p class=\"wp-block-paragraph\">All relevant announcements regarding this private placement will be included and presented in the\u00a0<strong>TEJ \u201d Shareholders\u2019 Meeting Information\u201d<\/strong>\u00a0database.<\/p>\r\n\r\n<figure class=\"wp-block-image\"><img src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/1_AD_4nXeup5Ngcj9VCannaC4U_Gnq3rKJ7WyseRuW_pG2GjXLKJ0XtKwP6u5aN1zqHfn2fEt2I9JQxX2uMHSBtzzweAjauTsqyGYBV6jTZCbjA9Yhc8H_ygo0H0Q3A9DuGjAYEfdenv-Atq8Qell3-RzMk8YkeyPIuYRd5eFeUvWeq1H5Y_hFpE.png\" alt=\"\" \/><\/figure>\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<h3 class=\"wp-block-heading\"><span id=\"Capital_Reduction_Case\" class=\"ez-toc-section\"><\/span>Capital Reduction Case:<\/h3>\r\n<p class=\"wp-block-paragraph\">Capital reduction is a method for companies to adjust their capital structure. It can be categorized into three types:\u00a0<strong>cash capital reduction, treasury stock capital reduction, and loss offset capital reduction<\/strong>. According to\u00a0<strong>Article 172, Paragraph 5 of the Company Act<\/strong>, capital reduction proposals must be\u00a0<strong>listed in the agenda of the shareholders\u2019 meeting<\/strong>\u00a0with a clear explanation of their main content and\u00a0<strong>cannot be proposed as an ad-hoc motion<\/strong>.<\/p>\r\n<p class=\"wp-block-paragraph\">The following explains capital reduction cases mentioned in shareholders\u2019 meetings and how they are recorded in the\u00a0<strong>TEJ \u201cShareholders\u2019 Meeting Information\u201d<\/strong>\u00a0database.<\/p>\r\n\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<h3 class=\"wp-block-heading\"><span id=\"Cash_Capital_Reduction\" class=\"ez-toc-section\"><\/span>Cash Capital Reduction<\/h3>\r\n<p class=\"wp-block-paragraph\">Innolux Corporation (3481) held its shareholders\u2019 meeting on\u00a0<strong>May 31, 2024<\/strong>, where the proposal for a\u00a0<strong>cash capital reduction<\/strong>\u00a0was discussed and approved. After the shareholders\u2019 meeting, the company proceeded with the necessary procedures for the capital reduction and announced the relevant information on the\u00a0<strong>Market Observation Post System (MOPS)<\/strong>. Key excerpts from the capital reduction announcement are as follows:<\/p>\r\n<p class=\"wp-block-paragraph\">On\u00a0<strong>July 10, 2024<\/strong>, the company announced the\u00a0<strong>capital reduction record date<\/strong>\u00a0and the\u00a0<strong>share exchange plan<\/strong>, stating that the capital would be reduced by\u00a0<strong>NT$10,894,360,010<\/strong>\u00a0with a\u00a0<strong>reduction ratio of 12%<\/strong>. Shareholders would receive a\u00a0<strong>cash refund of NT$1.2 per share<\/strong>\u00a0(for details, refer to the\u00a0<strong>TEJ Capital Formation Database<\/strong>).<\/p>\r\n\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<h3 class=\"wp-block-heading\"><span id=\"Loss_Offset_Capital_Reduction\" class=\"ez-toc-section\"><\/span>Loss Offset Capital Reduction<\/h3>\r\n<p class=\"wp-block-paragraph\">Les Enphants (2911) held its shareholders\u2019 meeting on\u00a0<strong>May 24, 2024<\/strong>, where the proposal for a\u00a0<strong>capital reduction to offset losses<\/strong>\u00a0was discussed and approved. After the shareholders\u2019 meeting, the company proceeded with the necessary procedures for the capital reduction and announced the relevant information on the\u00a0<strong>Market Observation Post System (MOPS)<\/strong>. Key excerpts from the capital reduction announcement are as follows:<\/p>\r\n<p class=\"wp-block-paragraph\">On\u00a0<strong>August 1, 2024<\/strong>, the company announced the\u00a0<strong>capital reduction record date<\/strong>\u00a0and the\u00a0<strong>share exchange plan<\/strong>, stating that the capital would be reduced by\u00a0<strong>NT$350,419,990<\/strong>, with a\u00a0<strong>reduction ratio of 25%<\/strong>\u00a0(for details, refer to the\u00a0<strong>TEJ Capital Formation Database<\/strong>).<\/p>\r\n<p class=\"wp-block-paragraph\">The complete information regarding this capital reduction will be recorded and presented in the\u00a0<strong>TEJ \u201d Shareholders\u2019 Meeting Information\u201d<\/strong>\u00a0database as follows.<\/p>\r\n\r\n<figure class=\"wp-block-image\"><img src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/AD_4nXdFuCqd1XFqYT1xE5pDLHRQ1SzpBMzjMPOSpWKJWhbfoZSWjy_7K_azojFGhXPsqI5gj37TnjZnVdkGP-4iaAWYEg6Jcp22_gSSxFvkmIx7cCgZgDqvLoFIPpKFb_YveH5Y6OWLaiuL-Vv1OwIAKvQkeyPIuYRd5eFeUvWeq1H5Y_hFpE.png\" alt=\"\" \/><\/figure>\r\n<ol class=\"wp-block-list\" start=\"3\">\r\n \t<li><strong>Dividend Policy Information Approved by the Shareholders\u2019 Meeting<\/strong><\/li>\r\n<\/ol>\r\n<p class=\"wp-block-paragraph\">The\u00a0<strong>TEJ \u201cShareholders\u2019 Meeting Information\u201d<\/strong>\u00a0provides information on the\u00a0<strong>dividend policy resolutions<\/strong>\u00a0passed during each shareholders\u2019 meeting and accumulates the\u00a0<strong>annual dividend amounts<\/strong>. This facilitates comparisons over different periods or across companies based on an annual frequency.<\/p>\r\n<p class=\"wp-block-paragraph\">The example below shows\u00a0<strong>TSMC (2330)<\/strong>\u00a0and its\u00a0<strong>quarterly dividend distribution for 2024<\/strong>. In the\u00a0<strong>fourth quarter<\/strong>, a dividend of\u00a0<strong>NT$4.5 per share<\/strong>\u00a0will be distributed, with the\u00a0<strong>ex-dividend date set for June 12, 2025<\/strong>. The\u00a0<strong>accumulated annual cash dividend<\/strong>\u00a0for 2024 amounts to\u00a0<strong>NT$16.99977526 per share<\/strong>.<\/p>\r\n\r\n<figure class=\"wp-block-image\"><img src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/AD_4nXd2xTIQHCSF_BbXNNt0AWYf_QTdYzHl_Q8OAcBpwzIKStd37JwQ8AQNmXznsVEtdQUF5BUUSydFLCzWdAT8R9IbF76L3BQknTw4YzdQoD0zUmHZpEoP-vG_aXNKdxI6Azyi5myh98xCEfytWOau4TAkeyPIuYRd5eFeUvWeq1H5Y_hFpE.png\" alt=\"\" \/><\/figure>\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<h2 class=\"wp-block-heading\"><span id=\"From_Shareholders_Meeting_Resolutions_to_Dividend_Distribution_Grasping_Key_Shareholders_Meeting_Information\" class=\"ez-toc-section\"><\/span>From Shareholders\u2019 Meeting Resolutions to Dividend Distribution: Grasping Key Shareholders\u2019 Meeting Information<\/h2>\r\n<p class=\"wp-block-paragraph\">Statistics show that in\u00a0<strong>2024<\/strong>, there were over\u00a0<strong>76,000 major announcements<\/strong>\u00a0made by listed companies on the\u00a0<strong>Market Observation Post System (MOPS)<\/strong>, with more than\u00a0<strong>41,000<\/strong>\u00a0of these announcements occurring during the peak shareholders\u2019 meeting season in the\u00a0<strong>first half of the year<\/strong>. TEJ conducts\u00a0<strong>daily screening,\u00a0<\/strong><strong>categorizing, and organizing<\/strong>\u00a0of nearly\u00a0<strong>a thousand announcements<\/strong>, transforming them into actionable information for investors.<\/p>\r\n<p class=\"wp-block-paragraph\">The\u00a0<strong>TEJ \u201cShareholders\u2019 Meeting Information\u201d<\/strong>\u00a0database not only helps investors\u00a0<strong>stay updated on shareholders\u2019 meeting resolutions, dividend policies, and market trends<\/strong>\u00a0but also serves as a valuable data source for\u00a0<strong>quantitative investment strategies<\/strong>. By providing\u00a0<strong>comprehensive and structured information<\/strong>, the database supports various investment strategies, including\u00a0<strong>dividend arbitrage, event-driven trading, and corporate governance analysis<\/strong>, enabling investors to gain deeper market insights and make more informed investment decisions.<\/p>\r\n\r\n<div class=\"wp-block-spacer\" aria-hidden=\"true\"><\/div>\r\n<h2 class=\"wp-block-heading\"><span id=\"Further_Reading\" class=\"ez-toc-section\"><\/span>Further Reading<\/h2>\r\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-tej wp-block-embed-tej\">\r\n<div class=\"wp-block-embed__wrapper\"><iframe class=\"wp-embedded-content\" title=\"\u201cForecasting Dividend Rebound Probability with Ex-Dividend Event Studies\u201d \u2014 TEJ\" src=\"https:\/\/www.tejwin.com\/en\/insight\/forecasting-dividend-rebound-probability-with-ex-dividend-event-studies\/embed\/#?secret=7ZMK84dT4Y#?secret=xiwirnLiYm\" width=\"600\" height=\"727\" frameborder=\"0\" scrolling=\"no\" sandbox=\"allow-scripts\"><\/iframe><\/div><\/figure>\r\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-3e41869c wp-block-buttons-is-layout-flex\">\r\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50 has-custom-font-size is-style-outline has-medium-font-size is-style-outline--1\"><\/div>\r\n<\/div>","card_icon":"","card_summary":"","key_data_metrics":[{"metric_label":"Frequency","metric_value":"Irregularly"},{"metric_label":"Source","metric_value":"MOPS"},{"metric_label":"Historical Period","metric_value":"From 2013\/01\/01"},{"metric_label":"Delivery Methods","metric_value":"FTP\/SFTP"}],"data_information":"TEJ Shareholders' Meeting Data covers meeting dates, agenda resolutions, dividend payouts, and board elections, providing timely insights into corporate governance and strategic development in Taiwan.","delivery_methods":null,"doc_file":"","related_products":"","related_more_text":"View all","related_more_url":"\/en\/product-services\/"},"_links":{"self":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/product\/3418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/types\/product"}],"wp:attachment":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/media?parent=3418"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/tags?post=3418"},{"taxonomy":"product_category","embeddable":true,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/product_category?post=3418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}