Last checked at 16 Mar 2012 11:57
43rd AGM Results
The 43rd annual general meeting of shareholders was held on March 16, 2012, and all the agendas were approved as submitted in their original forms.
▫ Details
1. Agenda Item No.1: approved
- Approval of Balance Sheet, Income Statement, and Statement of Appropriation of
Retained Earnings (Draft) for the 43rd Fiscal Year (from Jan 1, 2011 to Dec 31, 2011)
• Total assets: KRW 117,457,591 million
• Total liabilities: KRW 28,555,098 million
• Capital stock: KRW 897,514 million
• Total shareholders' equity: KRW 88,902,493 million
• Sales: KRW 120,815,977 million
• Operating profit: KRW 11,701,700 million
• Net income: KRW 10,029,152 million
• Earnings per share: KRW 66,868
- Cash Dividends:
• Year-end dividend per share: KRW 5,000 (common), KRW 5,050 (preferred)
• Interim dividend per share: KRW 500 (common), KRW 500 (preferred)
• Total payout: KRW 827,196 million
• Dividend yield (interim + year-end dividends): 0.52% (common share),
0.85% (preferred share)
2. Agenda Item No. 2: approved
- Agenda 2-1: Appointment of Independent Directors (3 persons)
(Mr. Dong-Min Yoon, Dr. Han-Joong Kim, Dr. Byeong-Gi Lee)
- Agenda 2-2: Appointment of Executive Directors (3 persons)
(Mr. Gee-Sung Choi, Dr. Oh-Hyun Kwon, Mr.Ju-Hwa Yoon)
- Agenda 2-3: Appointment of Members of Audit Committee (2 persons)
(Mr. Dong-Min Yoon, Dr. Han-Joong Kim)
3. Agenda Item No. 3: approved
- Approval of the limit on the remuneration for the Directors
- Proposed remuneration limit for the 44th fiscal year: KRW 30 billion
- Remuneration limit approved in the 43rd fiscal year: KRW 37 billion
- Number of Directors: 7 (including 4 Independent Directors)
4. Agenda Item No. 4: approved
- LCD Business Spin-off