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TM » Topics » Article 32. (Dividends from Surplus, etc.)

This excerpt taken from the TM 20-F filed Jun 24, 2009.

Article 32. (Dividends from Surplus, etc.)

 

1. Dividends from Surplus of the Corporation shall be paid to the shareholders or registered share pledgees entered or recorded in the final register of shareholders as of March 31 of each year.

 

2. The Corporation may, by a resolution of the Board of Directors, distribute dividends from surplus as provided for in Article 454, Paragraph 5 of the Corporation Act to the shareholders or registered share pledgees entered or recorded in the final register of shareholders as of September 30 of each year.

 

3. In addition to the preceding two (2) paragraphs, the Corporation may, by a resolution of the Board of Directors, decide on matters provided for in each Item of Article 459, Paragraph 1 of the Corporation Act.

 

4. No interest shall be paid on unpaid dividends from surplus.
This excerpt taken from the TM 20-F filed Jun 26, 2006.

Article 32. (Dividends from Surplus, etc.)

1. Dividends from Surplus of the Corporation shall be paid to the shareholders or registered share pledgees entered or recorded in the final register of shareholders as of March 31 of each year.

2. The Corporation may, by a resolution of the Board of Directors, distribute dividends from surplus as provided for in Article 454, Paragraph 5 of the Corporation Act to the shareholders or registered share pledgees entered or recorded in the final register of shareholders as of September 30 of each year.

3. In addition to the preceding two (2) paragraphs, the Corporation may, by a resolution of the Board of Directors, decide on matters provided for in each Item of Article 459, Paragraph 1 of the Corporation Act.

4. No interest shall be paid on unpaid dividends from surplus.

EXCERPTS ON THIS PAGE:

20-F
Jun 24, 2009
20-F
Jun 26, 2006

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