TAIPEI - Hon Hai (TW:2317) Precision Industry Co., commonly known as Foxconn (SS:601138), has announced it will hold its 2025 Regular Shareholders' Meeting in person on May 29 at its location in New Taipei City, Taiwan. The resolution for the meeting was passed by the company's board of directors today.
The meeting's agenda includes the presentation of the company's 2024 business report and the Audit and Risk Committee's review report. Shareholders will also be briefed on the 2024 Employee Compensation Distributions and the proposed distribution of 2024 profits in the form of cash dividends.
Further discussions will address the company's indirect investments in Mainland China and the status of Taiwan and overseas debenture issuance. The shareholders will be asked to acknowledge the 2024 Business Report and Financial Statements and approve the proposal for the distribution of profits for the year 2024.
Significant amendments to the company's "Articles of Incorporation" and various regulations governing financial transactions and corporate governance are also on the docket for consideration. Additionally, the election of the Board and the lifting of director non-competition restrictions will be key topics of discussion.
Shareholders will not be able to propose any extemporary motions at the meeting, as none have been listed. The company has declared a book closure period from March 31 to May 29, during which no new shareholders will be registered.
In a move to increase shareholder participation, Hon Hai has enabled electronic voting through the "Shareholder e Ticket" website of the Taiwan Depository & Clearing Corporation. The electronic voting period is set to run from April 29 to May 26.
This information is based on a press release statement provided by RNS, the news service of the London Stock Exchange (LON:LSEG).
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