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Nan Ya Plastics to pay dividend per share of NT$1.4 for 2001.

Taiwan Economic News

| March 08, 2002 | COPYRIGHT 2001 China Economic News Services. (Hide copyright information)Copyright

Taipei, March 8, 2002 (CENS)--Nan Ya Plastics Corp., a core affiliate of the Formosa Plastics Group, will distribute a dividend per share of NT$1.4, NT$0.7 in stock and cash each, for its business operation last year

Nan Ya's board of directors decided on the dividend distribution at a meeting held yesterday. The additional capital through the distribution of stock dividends will be used to invest in setting up a BOPP (biaxially oriented polypropylene) factory and a DVD (digital versatile disk) factory. The board of directors also decided to hold the shareholder meeting for this year on May 31

With an investment of NT$1.55 billion and scheduled for …

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