[Merida] Announcement of Board Resolution on Profit Repatriation from Major Subsidiaries
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AI Summary (NQ-processed)
Merida Industry has approved a resolution to repatriate approximately 6.6 million USD in dividends from its overseas subsidiaries.
AI Analysis
Frequently Asked Questions
- Q: What is the purpose of this dividend?
- A: To repatriate surplus earnings from the subsidiary to the parent company to optimize group-wide capital allocation.
- Q: Why is it paid in USD?
- A: Since it is an international financial transaction between overseas subsidiaries, USD is used as the standard currency.
- Q: What is the outlook?
- A: Capital repatriation is expected to be managed appropriately based on the group's profitability and funding needs.