Acer finalizes profit distribution and amends corporate charter

Published 29/05/2025, 10:22
Acer finalizes profit distribution and amends corporate charter

TAIPEI - Acer (TW:2353) Incorporated held its General Shareholders’ Meeting today, where several key resolutions were passed, including the approval of the 2024 profit distribution and amendments to the company’s Articles of Incorporation.

During the meeting, shareholders ratified the 2024 business report and financial statements, confirming the proposed profit distribution. However, no elections for the board of directors and supervisors were conducted.

Additionally, the shareholders approved amendments to Acer’s Articles of Incorporation and endorsed changes to the Procedures for Acquiring or Disposing of Assets, which could influence the company’s future asset management strategies.

In a supplementary announcement, Acer disclosed that its board had retracted a previous decision to invest in preferred shares of Likees Tech-Service Co., Ltd. The reversal followed Likees Tech-Service’s decision against issuing preferred shares, leading to Acer cancelling the planned investment. According to Acer, this cancellation will not have a material impact on the company’s finances or business operations.

This series of announcements, based on a press release statement, reflects the company’s ongoing adjustments to its corporate governance and investment strategies. Acer’s decisions at the shareholders meeting and subsequent investment update indicate a focus on internal corporate structure and cautious investment practices.

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