[Far Eastern Dept.] Announcement of Important Resolutions from the Shareholders' Meeting of Subsidiary Pacific Sogo Department Stores Co., Ltd.
Far Eastern Department Stores (Far Eastern Dept.) announced that its subsidiary, Pacific Sogo Department Stores Co., Ltd., held its shareholders' meeting on June 9, 2025, and approved the profit distribution plan for fiscal year 2024, which includes a cash dividend of NT$1.20 per share. The meeting also saw a complete re-election of directors and supervisors, and the lifting of restrictions on director competition as per the Company Act.
📋 Article Processing Timeline
- 📰 Published: June 9, 2026 at 09:00
- 🔍 Collected: June 10, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 12, 2026 at 17:53 (57h 53m after Collected)
1. Date of Shareholders' Meeting: 115/06/09 (June 9, 2025)
2. Important Resolutions:
I. Profit Distribution or Loss Compensation: Approved the profit distribution plan for fiscal year 114 (2025) (cash dividend of NT$1.20 per share).
II. Amendment of Articles of Incorporation: None.
III. Business Report and Financial Statements: Approved the business report and financial statements for fiscal year 114 (2025).
IV. Election of Directors and Supervisors: Complete re-election of the company's directors and supervisors (five directors and one supervisor).
V. Other Matters:
(1) Approved the proposal to lift the restrictions on director competition as stipulated by the Company Act.
7. Other Matters to be Noted: None.
2. Important Resolutions:
I. Profit Distribution or Loss Compensation: Approved the profit distribution plan for fiscal year 114 (2025) (cash dividend of NT$1.20 per share).
II. Amendment of Articles of Incorporation: None.
III. Business Report and Financial Statements: Approved the business report and financial statements for fiscal year 114 (2025).
IV. Election of Directors and Supervisors: Complete re-election of the company's directors and supervisors (five directors and one supervisor).
V. Other Matters:
(1) Approved the proposal to lift the restrictions on director competition as stipulated by the Company Act.
7. Other Matters to be Noted: None.
FAQ
What is the dividend amount approved at Pacific Sogo Department Stores' shareholders' meeting?
A cash dividend of NT$1.20 per share was approved.
Were there any changes in directors at the shareholders' meeting?
Yes, a complete re-election of five directors and one supervisor took place.
How does this announcement affect Far Eastern Department Stores itself?
The subsidiary's performance and management policies can influence the overall strategy of the Far Eastern Department Stores group.
What does the lifting of restrictions on director competition entail?
It means that the restrictions on the duty of directors to refrain from competing activities, as stipulated by the Company Act, have been lifted.
When do these resolutions take effect?
The specific effective date for the resolutions is not detailed in the text, but the shareholders' meeting was held on June 9, 2025.