Sogo Kuji Increases Dividend to NT$3.8; Plans to Create 'Window to the World' at Taipei Main Station Mall

Central News Agency Report

(CNA reporter He Xiu-ling, Taipei, June 17) Sogo Kuji held its annual shareholders' meeting today, during which an extraordinary shareholder proposal was passed to increase the cash dividend from NT$3.0 to NT$3.8 per share. Shareholders argued that the company maintains strong financial health and ample retained earnings, justifying higher shareholder returns and reduced tax burdens on undistributed profits.

In addition to the dividend adjustment, Sogo Kuji's recent acquisition of the operating rights for the Taipei Main Station mall became a key focus. Shareholders praised the management team for securing this prime location, which sits adjacent to the Taipei Twin Star development and at the heart of Taipei's transportation hub. They suggested that if underground passageways connect the mall to surrounding commercial districts, it could integrate with the nearby Sogo Zhongxiao Fuxing Store and Sogo Nanxi Store, forming a golden commercial zone to enhance customer attraction and commercial value.

Wu Xin-yang, Vice Chairman and General Manager, stated that the Taipei Main Station mall will adopt 'Window to the World' as its core concept, introducing innovative, high-quality brands to create a commercial space that combines tourism, brand exhibition, and retail consumption.

Shareholders also recommended reviving the 'Sogo Sky Race,' a charity stair-climbing event that was held for 40 editions and raised over NT$460 million. The event not only served public welfare but also boosted foot traffic and economic activity.

Chairman Wu Dong-sheng stated that the management team will carefully evaluate the possibility of co-organizing events integrating the Zhongxiao Fuxing Store and the new Taipei Main Station project, further driving commercial district development and strengthening brand image. (Edited by Zhang Jun-mao) 1150617