DKSH Approves Distribution for the Financial Year 2017, Payable from March 28, 2018; Approves Board Changes
March 22, 2018 at 12:46 pm EDT
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DKSH at its 85th Ordinary General Meeting held on March 22, 2018, approved the distribution of an ordinary dividend of CHF 1.65 per share (with a total value of CHF 107.3 million) for the financial year 2017. The payment will be made from March 28, 2018.
The shareholders also agreed to discharge each member of the Board of Directors and of the Senior Executive Team for the financial year 2017. Furthermore, shareholders voted in favor of the proposal to elect Prof. Dr. Annette G. Köhler and Eunice-Zehnder Lai as new members of the Board of Directors. After having served on the Board of Directors for more than ten years, Rainer-Marc Frey chose not to stand for re-election.
DKSH Holding AG is a Switzerland-based company that provides market expansion services. The Companyâs business activities are divided into four business units: Consumer Goods, Healthcare, Performance Materials, and Technology. The Consumer Goods business unit focuses on fast moving consumer goods, food services, luxury and lifestyle products in Asia. The Healthcare business unit provides market expansion services for healthcare companies seeking to grow their business in Asia. The Performance Materials business unit offers instant access to raw materials around the world, serving the chemical, pharmaceutical, food, beverage and personal care industries. The Technology business unit offers its customers a range of technologies from European, American and Asian manufacturers with a focus on advanced machinery for industry and construction, analytical and scientific instruments, components and consumables. The Company is the parent company of DKSH Group and operates numerous subsidiaries.