SFA Semicon Philippines : Declaration of Cash Dividends
February 21, 2022 at 12:21 am
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SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C
CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported) Feb 18, 20222. SEC Identification Number CS2010009853. BIR Tax Identification No. 007-582-9364. Exact name of issuer as specified in its charter SFA SEMICON PHILIPPINES CORPORATION5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office Panday Pira Avenue, corner Creekside Road, Clark Freeport Zone, Pampanga Postal Code20098. Issuer's telephone number, including area code 045-499-1745 9. Former name or former address, if changed since last report Not Applicable10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares
2,165,024,111
11. Indicate the item numbers reported herein Item 9. Other events
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
SFA Semicon Philippines CorporationSSP
PSE Disclosure Form 6-1 - Declaration of Cash Dividends References: SRC Rule 17 (SEC Form 17-C) and
Sections 6 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Declaration of Cash Dividends
Background/Description of the Disclosure
The Board of Directors of the Corporation, at its regular meeting held today, approved the declaration of cash dividend in the amount of US$2,547,049 (or a dividend per share of US$0.00118), out of the Corporation's unrestricted retained earnings based on the Corporation's financial statements as of December 31, 2021, to be paid to the Company's stockholders of record as of the record date of March 18, 2022, in proportion to, and on the basis of, the outstanding shares of stock of the Corporation respectively held by them.
The cash dividend shall be paid on April 8, 2022.
The dividends of local stockholders will be paid in Philippine Peso and in determining the Peso equivalent of the dividend payment, the prevailing Philippine Peso: US Dollar exchange rate on record date, March 18, 2022, will be used.
Type of Securities
Common
Preferred-
Others-
Cash Dividend
Date of Approval by Board of Directors
Feb 18, 2022
Other Relevant Regulatory Agency, if applicable
N/A
Date of Approval by Relevant Regulatory Agency, if applicable
N/A
Type (Regular or Special)
Regular
Amount of Cash Dividend Per Share
US$0.00118
Record Date
Mar 18, 2022
Payment Date
Apr 8, 2022
Source of Dividend Payment
Corporation's unrestricted retained earnings as of December 31, 2021.
Other Relevant Information
The dividends of local stockholders will be paid in Philippine Peso and in determining the Peso equivalent of the dividend payment, the prevailing Philippine Peso: US Dollar exchange rate on record date, March 18, 2022, will be used.
Filed on behalf by:
Name
Caroline Sicat
Designation
Deputy Team Head/Corporate Information Officer
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Disclaimer
SFA Semicon Philippines Corporation published this content on 21 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 February 2022 00:20:03 UTC.
SFA Semicon Philippines Corporation is a semiconductor company. The Company is engaged in the construction, ownership, and operations of a plant for the manufacture, assembly, testing and warehousing of semiconductor and memory devices and applications and related products. It provides solutions that include wafer back grinding, assembly and packaging, final testing of semiconductor devices, and delivery and shipment to its customers. The Company's products include chips, modules, cards, and blister packaging. It offers a range of products for various applications, such as memory chips and devices for computers, laptops and servers, as well as micro secure digital (SD) cards and full SD cards for smartphones, digital tablets and other mobile devices. The Company also produces a new generation of DDR4 memory modules called new generation of Small Outline Dual In-line Memory Module (SODIMM), Unbuffered Dual In-line Memory Module (UDIMM) and Registered Dual In-line Memory Modules (RDIMM).