9914 Merida: Resolution on Dividend Distribution by Merida International (B.V.I) Ltd. and Merida Industry (Hong Kong) Ltd.
Merida (9914) announced that two of its overseas subsidiaries have resolved to distribute dividends, repatriating a total of USD 6,596,596.16 in earnings to the parent company.
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- 📰 Published: May 20, 2026 at 06:31
- 🔍 Collected: May 20, 2026 at 06:31 (0 min after Published)
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Date of announcement: May 20, 2025
Time of announcement: 15:48:09
Company Code: 9914
Company Name: Merida
Subject: Important Subsidiary Merida International (B.V.I) Ltd. and Merida Industry (Hong Kong) Ltd. announce the Board of Directors' resolution to distribute dividends.
Article: Article 14
Date of occurrence: May 19, 2025
Explanation:
1. Date of Board of Directors' resolution: May 19, 2025
2. Type and amount of dividends: Cash USD 6,596,596.16
3. Other notes: The company fully owns Merida Industry (Hong Kong) Ltd. through Merida International (B.V.I) Ltd., and the final surplus will be repatriated to the company.
Time of announcement: 15:48:09
Company Code: 9914
Company Name: Merida
Subject: Important Subsidiary Merida International (B.V.I) Ltd. and Merida Industry (Hong Kong) Ltd. announce the Board of Directors' resolution to distribute dividends.
Article: Article 14
Date of occurrence: May 19, 2025
Explanation:
1. Date of Board of Directors' resolution: May 19, 2025
2. Type and amount of dividends: Cash USD 6,596,596.16
3. Other notes: The company fully owns Merida Industry (Hong Kong) Ltd. through Merida International (B.V.I) Ltd., and the final surplus will be repatriated to the company.
FAQ
What does this news signify?
It indicates a financial strategy to consolidate profits from overseas subsidiaries back to Merida, improving the group's overall capital efficiency.
How does this affect shareholders?
It strengthens the cash flow, which is the source of dividends, and can be viewed as a positive factor for long-term capital policy.
What kind of company is Merida?
Merida is a Taiwan-based bicycle manufacturer with a significant global market share, focused on developing and producing high-quality bicycles.