1.Date of occurrence of the event:2016/03/30
2.Company name:Sincere Navigation Corporation
3.Relationship to the Company (please enter ”head office” or ”subsidiaries”):Head office
4.Reciprocal shareholding ratios:NA
5.Name of the reporting media:NA
6.Content of the report:N/A
7. Cause of occurrence: Announce important resolution by the Board of Directors
8.Countermeasures:Nil
9.Any other matters that need to be specified:
(一) Recognition of 2015 business operation report, financial statements including individual financial statements and consolidated financial statements. Brief 2015 individual financial
statements as below: (Expressed in thousand NTD except earnings per share)
Operating revenue $61,974
Net income $944,393
Comprehensive income $1,618,929
Earnings per share $1.66
Brief 2015 consolidated financial statements as below:
(Expressed in thousand NTD except earnings per share)
Operating $5,063,606
Net income $1,364,205
Net income attributable to owner of the parent $944,393
Comprehensive income $2,130,218
Comprehensive income attributable to owner of the parent $1,618,929
Earnings per share $1.66
(二) Dividend distribution proposal passed by the Board of Directors : Proposed to distribute NT$568,304,171 cash dividends, NT$1 per share,to shareholders from 2015 unappropriated retained earnings.
(三) Proposal: Borrow USD20,000,000 free of interest from 100% owned subsidiary, Heywood Limited, for one year as working capital.
(四) Proposal: Borrow USD40,000,000 free of interest from 100% owned subsidiary, Norley Corporation Inc., for one year as working capital.