TECO Electric & Machinery Co. Ltd. Ratifies the Cash Dividend for 2017; Announces Replacement of Directors and Independent Directors
June 15, 2018 at 06:36 am EDT
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TECO Electric & Machinery Co. Ltd. announced that at the shareholders meeting held on June 15, 2018, the company ratified the cash dividend TWD 0.86 per share for 2017.
The company announced replacement of Dong-Hai Gao, Tzu-Yi, Kuo and Shang-Wei, Kao as Directors.
The company also announced replacement of Wei-Chi, Liu and Jin-Fu, Chang as Independent Directors.
TECO Electric Machinery Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of heavy electricity equipment and electronic control products. The Company operates through two business segments. The Heavy Electrical Equipment segment is engaged in the manufacture and sale of various motors, reducers, inverters and generators. The Home Appliances segment is engaged in the manufacture, installation and sale of various televisions and other video appliances, as well as air conditioners, refrigerators, washing machines and small household appliances. The Company is also engaged in the provision of power engineering services and power equipment, as well as electric vehicle products, fire pumps and other products. The Company operates within the domestic market and to overseas markets, including the Americas, Europe, Australia, Japan, Singapore, Indonesia and mainland China.