Shieh Yih Machinery Industry Co., Ltd. Names Charles C. King as General Manager of its China Operations as of September 1; Approves Dividend, Payable on October 3, 2013
August 14, 2013 at 06:30 am
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Shieh Yih Machinery Industry Co., Ltd. announced that Charles C. King will take over as General Manager of its China operations as of September 1. Mr. King has been a senior executive with various companies in the electronics, mechanical and telecommunication industries for nearly twenty years, and has more than nine years of experience working in China. In his most recent position, Mr. King was President of Tecom Tech Wuxi.
The company announced that its Board of Directors has established September 2, 2013 as the ex-dividend date for the payment of the TWD 0.5 per common share dividend that was approved at SEYI's annual meeting of shareholders held on June 10, 2013. Of the total amount of the dividend, TWD 0.2 will be paid out of Retained Earnings, and TWD 0.3 will be paid out of the Company's Capital Surplus account. The dividend will be paid on October 3, 2013.
SHIEH YIH MACHINERY INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of forming machines. The Companyâs primary products include various types of punch and related automatic peripherals. The Companyâs products are mainly used during the manufacture of steam locomotive, air conditions, home appliances, kitchen utensils, electronic equipment, computers, televisions (TVs), mobile phones, as well as the aerospace, medical, machinery and construction industries. The Company mainly operates through two business segments: the sales and maintenance of equipment segment and others segment. The Company mainly distributes its products in domestic market and overseas markets, including the Mainland China and others.
Shieh Yih Machinery Industry Co., Ltd. Names Charles C. King as General Manager of its China Operations as of September 1; Approves Dividend, Payable on October 3, 2013