Reported about 1 year ago
Far EasTone (4904) held its shareholders' meeting today, approving a cash dividend of 3.25 NT dollars. In response to Taiwan Mobile's general manager Lin Zhi-chen's 'Big Two and One' statement, chairman Douglas Hsu confidently stated, 'Strive for excellence regardless of (telecom) size.' The meeting highlighted Far EasTone's achievements and future plans, including a 33% increase in stock price and a 42% rise in market value. The company also announced a record-high cash dividend distribution for 2023. Emphasizing the importance of AI and prioritizing consumer benefits, Far EasTone aims to excel in the telecommunications industry.
Source: YAHOO