Company Overview

About Posiflex

Stock Code 8114
Main Business Manufacture and sales of POS terminals, kiosks and peripheral equipment.
Foundation 1984/08/11
Date of Listing 101/11/26
Paid in Capital NTD 1,060,749,190
Chairman Chen, Mao Chiang
General Manager Chen, Mao Chiang
Spokeman Brenda Yang
Title of Spokeman Vice president
Address of HQ No. 23, Datong St., Tucheng Dist. New Taipei City 23697, Taiwan (R.O.C)
Address of Factory No. 23, Datong St., Tucheng Dist. New Taipei City 23697, Taiwan (R.O.C)
Accounting Firm Deloitte & Touche
Telephone No. +886-2-2268-5577
Fax No. +886-2-2268-5388
email address ir@posiflex.com.tw
website www.posiflex.com.tw

Corporate Governance

Board of Directors and Supervisors

Internal audits have been conducted to assist the Board of Directors and company managers in checking and reviewing deficiencies in internal control systems, measuring operational effectiveness and efficiency, and promptly providing improvement recommendations to ensure that the internal control system may continue to be effectively implemented and to serve as a reference for reviewing and correcting the internal control systems. At POSIFLEX, two internal auditors report directly to the Board as specified in the Regulations Governing Establishment of Internal Control Systems by Public Companies. Appropriate and suitable numbers of full-time internal auditors are appointed according to company scale, business conditions, management requirements, and other relevant laws and regulations.

Internal Audit
The objective of establishing and implementing internal control systems is to facilitate sound company management, reasonably ensure operational effectiveness and efficiency, produce reliable financial reports, and adhere to relevant laws and regulations. The auditing office is mainly responsible for:

  • Stipulating company’s auditing policies, formulating and executing annual auditing plans, and executing project audits.
  • Auditing each unit’s execution of internal control systems, proposing improvement recommendations, and tracking deficiencies.
  • Periodically reporting the execution conditions of audit operations to the Board of Directors
  • Disclosing and filing information according to laws and regulations

FAQ

Q1：When were shares of Posiflex Technology Inc. listed on Taiwan Stock Exchange (“TWSE”)?

Shares of Posiflex Technology Inc. were listed on the Taiwan Stock Exchange (“TWSE”) on November 26th, 2012.

Q2：When were shares of Posiflex Technology Inc. listed on the Taipei Exchange (“TPEX”)?

Shares of Posiflex Technology Inc. were listed on the Taipei Exchange (“TPEX”) on July 20th 2005. Stock Code: 8114

Q3：What is Posiflex Technology Inc.’s fiscal year?

The fiscal year end of Posiflex Technology Inc. is December 31.

Q4：What is the dividend policy of Posiflex Technology Inc.?

The dividends policy, which is in line with the current and future operations development plan, takes into account the investment environment, capital requirements, the best capital expenditure budget, the competitive situation at both the domestic and international levels, and the interests of shareholders. The minimum amount of dividends should be least 60% of the remaining profit.
The Articles also provide that profit may be distributed by way of cash dividends and/or share dividends, provided, however, that the ratio for cash dividends does not less than 25% of the total distribution.

Q5：Will fractional common shares be issued in connection with the stock dividend? Will cash payments be made in lieu of any fractional common shares or fractional interests?

In connection with the stock dividend to be distributed to common shareholders, no fractional common shares will be issued, either. However, holders of Posiflex Technology Inc. common shares listed and traded on the Taiwan Stock Exchange may arrange for pooling together their fractional share entitlements to form one share and register such pooling in connection with the stock dividend. For the fractional shares which can not be pooled, the distribution will be made in cash in dollar amount calculated at par value.

Q6：When does Posiflex Technology Inc. announce its financial reports?

1. Within three months after the close of each fiscal year, publicly announce and register with the Competent Authority financial reports duly audited and attested by a certified public accountant, approved by the board of directors, and recognized by the supervisors.

2. Within 45 days after the end of the first, second, and third quarters of each fiscal year publicly announce and register with the Competent Authority financial reports duly reviewed by a certified public accountant and reported to the board of directors.

Q7：For common stock in Taiwan, how do I transfer my stock or change my address with a transfer agent?

Posiflex Technology Inc.’s transfer agent is Yuanta Securities Co. Ltd. (Stock Transfer and Registrar Department). Any securities related operation such as, stock settlement, stock/cash dividends, address update, lost announcement, setting/cancelling pledges, chops update etc., please contact Yuanta Securities in Taiwan at 886-2-2586-5859 or send information to B1F., No.210, Sec. 3, Chengde Rd. Datong Dist., Taipei City 10366 Taiwan (R.O.C.)

Video of conference

Press Conference Video 2017 – Posiflex Technology buys Portwell

2017/07/14