Key Developments: Hiyes International Co Ltd (2348.TW)

2348.TW on Taiwan Stock Exchange

40.45TWD
21 Jul 2015
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Latest Key Developments (Source: Significant Developments)

Hiyes International announces 2014 dividend payment
Wednesday, 25 Mar 2015 01:48am EDT 

Hiyes International Co Ltd:To use undistributed profit to pay cash dividends of T$0.5 per share to shareholders for 2014.To pay cash dividend of T$42,800,000 in total.  Full Article

Hiyes International Co Ltd to issue first series secured corporate bonds for 2014
Tuesday, 12 Aug 2014 04:48am EDT 

Hiyes International Co Ltd:To issue the first series secured corporate bonds for 2014, worth up to T$300 million.Par value and issue price of T$1 million for the bonds.Maturity period of three years for the bonds.Coupon rate 1.4 pct.Proceeds to be used for repaying bank loan.Underwriter not used.  Full Article

Hiyes International Co Ltd receives judgment from Krefeld District Court
Friday, 13 Jun 2014 05:21am EDT 

Hiyes International Co Ltd:Received judgment for lawsuit filed by Thomas Schmitz from Krefeld District Court.Won the lawsuit against Umax Systems GmbH of receivable of 3,428,103.81 euro on July 22, 2010 and gained 1,123,320.83 euro from Dec. 30, 2010.The Krefeld District Court judged on March 3, 2011 that Umax Systems GmbH to begin bankruptcy proceedings.Thomas Schmitz is the bankruptcy administrator of Umax Systems GmbH and required the company to repay 1,123,320.83 euro according to German Insolvency Act.According to the judgment the company will repay 1,123,320.83 euro and the interest from March 3, 2011.  Full Article

Hiyes International Co Ltd to acquire shares of construction company
Wednesday, 22 Jan 2014 04:50am EST 

Hiyes International Co Ltd:Says it will acquire 18,947,368 shares of a Taiwan-based construction company at the price of T$9.63 per share or T$182,463,154 in total.Says it will hold a 10.53 pct stake in the construction company after the transaction.  Full Article

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