Information

Dividend Policy

ASIAN has a policy to distribute dividends at a rate of no less than 50% of net profit from the consolidated financial statements after deducting corporate income tax and allocating reserves as required by law and the Company’s regulations in each year. However, the dividend payout ratio may be adjusted depending on the Company’s performance, financial position, liquidity, investment requirements, business expansion, debt repayments, working capital needs, conditions and restrictions under loan agreements, and other relevant factors as deemed appropriate by the Board of Directors and/or the shareholders of the Company. The dividend payment shall not exceed the retained earnings recorded in the Company’s separate financial statements. In any year where the Company requires funds for investment or liquidity management, the Board of Directors may propose an alternative dividend payout approach to the shareholders’ meeting for consideration.