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SIMO » Topics » Dividends

This excerpt taken from the SIMO 6-K filed Oct 1, 2007.

Dividends

Holders of preferred share are entitled to an annual per share dividend equal to 1% of the par value of preferred share, payable when and if declared at a general meeting of the shareholders. The dividends are participating and cumulative, and are payable prior to any payment of any dividend with respect to the common shares. The Company has not declared any dividends on its preferred or common shares until December 31, 2006.

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