Fubon Financial Annual Shareholders Meeting Held Online; Vice Chairman Zeng Mingzong: Evaluating Joint Ventures and Acquisitions, Expanding Fubon Financial Scale

Reported 7 months ago

Fubon Financial held its shareholders meeting today, approving a cash dividend of NT$2.5 per share and a stock dividend of NT$0.5 per share. The meeting was presided over by Vice Chairman Zeng Mingzong, as Chairman Tsai Ming-chung and Director Tsai Ming-hsing attended online due to overseas business trips. Looking ahead, Zeng expressed that Fubon Financial will evaluate opportunities for joint ventures and acquisitions to expand their scale. The meeting also passed the election of Wang Li-juan, a former head of two major bureaus at the Financial Supervisory Commission, as an independent director, emphasizing board diversity and independence within Fubon Financial. Profit after tax for Fubon Financial in 112th year amounted to NT$66.02 billion, with a total dividend payout of NT$3 per share. Chairman Tsai Ming-hsing reiterated the company's strong performance in a challenging global economic environment and outlined plans to continue expanding in Asia through collaborations, acquisitions, and digital initiatives to become a top financial institution in the region.

Source: YAHOO

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