What kind of company is Shin Jin Enterprise (Samoa) Co., Ltd.?

It is a subsidiary wholly owned by the announcing company. While specific business details are not provided, it possesses the financial capacity to distribute cash dividends.

Why is the subsidiary issuing a dividend?

Dividends may be paid from a subsidiary to its parent company when the subsidiary has generated sufficient profits and the parent company wishes to enhance shareholder returns.

When will this dividend be paid?

The resolution was made by the Board of Directors on the announcement date (June 11, 2024), but specific payment dates are not mentioned.

What is the intended use of the dividend funds?

The announcement does not specify the use, but generally, such funds are often used for the parent company's business investments or shareholder returns.

How does this news affect investment decisions?

It can be a positive indicator of the subsidiary's performance and the parent company's shareholder return policy, but decisions should be made considering detailed business information and future plans.

AI News NQ Analysis

[Shin Jin] Announcement of Board Resolution to Distribute Dividends by Important Subsidiary Shin Jin Enterprise (Samoa) Co., Ltd.

Key facts

[Shin Jin] Announcement of Board Resolution to Distribute Dividends by Important Subsidiary Shin Jin Enterprise (Samoa) Co., Ltd.
The Board of Directors of Shin Jin Enterprise (Samoa) Co., Ltd. resolved on June 11, 2024, to distribute a cash dividend totaling USD 5,135,202.55. This decision pertains to a subsidiary wholly owned by the company.
Source: TWSE
Date: Thu Jun 11 2026 09:00:00 GMT+0900 (Japan Standard Time)

Direct answer

The Board of Directors of Shin Jin Enterprise (Samoa) Co., Ltd. resolved on June 11, 2024, to distribute a cash dividend totaling USD 5,135,202.55. This decision pertains to a subsidiary wholly owned by the company.

Citation: [Shin Jin] Announcement of Board Resolution to Distribute Dividends by Important Subsidiary Shin Jin Enterprise (Samoa) Co., Ltd. (Thu Jun 11 2026 09:00:00 GMT+0900 (Japan Standard Time)), TWSE
Source: TWSE
Date: Thu Jun 11 2026 09:00:00 GMT+0900 (Japan Standard Time)

AI Summary (NQ-processed)

The Board of Directors of Shin Jin Enterprise (Samoa) Co., Ltd. resolved on June 11, 2024, to distribute a cash dividend totaling USD 5,135,202.55. This decision pertains to a subsidiary wholly owned by the company.

AI Analysis

Frequently Asked Questions

Q: What kind of company is Shin Jin Enterprise (Samoa) Co., Ltd.?: A: It is a subsidiary wholly owned by the announcing company. While specific business details are not provided, it possesses the financial capacity to distribute cash dividends.
Q: Why is the subsidiary issuing a dividend?: A: Dividends may be paid from a subsidiary to its parent company when the subsidiary has generated sufficient profits and the parent company wishes to enhance shareholder returns.
Q: When will this dividend be paid?: A: The resolution was made by the Board of Directors on the announcement date (June 11, 2024), but specific payment dates are not mentioned.
Q: What is the intended use of the dividend funds?: A: The announcement does not specify the use, but generally, such funds are often used for the parent company's business investments or shareholder returns.
Q: How does this news affect investment decisions?: A: It can be a positive indicator of the subsidiary's performance and the parent company's shareholder return policy, but decisions should be made considering detailed business information and future plans.