Home iST AGM Authorizes Board Of Directors to Distribute Cash Dividends Quarterly

iST AGM Authorizes Board Of Directors to Distribute Cash Dividends Quarterly

Home iST AGM Authorizes Board Of Directors to Distribute Cash Dividends Quarterly

iST AGM Authorizes Board Of Directors to Distribute Cash Dividends Quarterly

by yuting

Issued Date: 2020/06/12
Issued By: iST

iST(TWSE:3289) today (June 12) held an AGM (annual general meeting) of shareholders, which passed the amendments of Articles of Incorporation to authorize iST’s Board of Directors in distributing cash dividends on a quarterly basis. Subject to this AGM’s approval, iST expects the Q1 and Q2 quarter’s dividend will be decided in the following quarter’s Board Meeting, and plans to distribute each future quarter’s cash dividend within six months after the approval of quarter’s Board Meeting.

iST said, recently it has optimized its corporate structure and operation, as well as the market distribution. In terms of verification analysis service, iST is bullish about the demands of 5G, advanced package and advanced manufacturing process, and will make more arrangements in developing the solutions of these respects.

On account of iST’s large customer base and leading technological capabilities, iST is optimistic at its future operation and profitability, as well as this amendments to distribute cash dividends quarterly instead of annually to share the profits to its shareholders.

About Integrated Service Technology

Founded in 1994, iST began its business from IC circuit debugging and modification and gradually expanded its scope of operations, including Failure Analysis, Reliability Verification, Material Analysis, Automotive Electronic Verification Platforms and Signal Integrity Testing Services. iST has offered full-scope verification and analysis services to the IC engineering industry, its customers cover the whole spectrum of the electronics industry from IC design to end products.

In response to iST’s mission of providing integrated solutions to customers, iST not only focuses on its core laboratory services but also enters the mass production services of wafer backend process. http://www.istgroup.com