Letter To Shareholders - Mitac

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2. Investments into Mainland China: invested Kunshan Lianda Messaging Technology Co., Ltd of no more than USD 300 thousand. 2009.9.4 Passed the 10th issuance of employees' warrants totaling 95,000 units, which may be exercised to subscribe 95,000 thousand ordinary shares. 2009.10.27 Passed the issuance of new ordinary shares to accommodate the exercising of employees’ warrants: designated 27 October 2009 as the base date for new share issues; subscriptions exercised during 2009 third quarter amounted to 9,920 ordinary shares . 2010.1.25 Passed the issuance of new ordinary shares to accommodate the exercising of employees’ warrants: designated 25 January 2010 as the base date for new share issues; subscriptions exercised during 2009 fourth quarter amounted to 141,448 shares. Unanimous approval by directors present at the meeting Unanimous approval by directors present at the meeting Unanimous approval by directors present at the meeting Unanimous approval by directors present at the meeting 2010.3.10 Set dates and agendas for the company’s 2010 annual general Unanimous approval by directors present meeting. at the meeting 2010.4.22 1. Presented the 2009 earnings appropriation proposal Unanimous approval by directors present <strong>Shareholders</strong>' dividends: cash dividends of $0.15 per at the meeting share. Employees' bonus: cash totaling $13,012 thousand . Directors' and supervisors' remuneration: $2,000 thousand in total. 2. Amended the company’s Memorandum of Association. Unanimous approval by directors present at the meeting 3. Amended the company' s “Endorsements and Guarantees Unanimous approval by directors present Procedures” and ”Procedures for Lending to Others”. at the meeting 4. Passed the reelection of directors and supervisors. Unanimous approval by directors present at the meeting 5. Removed restrictions on directors' participation in Unanimous approval by directors present competing industries. at the meeting 6. Reappointed CPA for financial statement audits: as a Unanimous approval by directors present result of internal job transfers within the CPA firm, the at the meeting company' s CPA s will be changed from Lin Yu-Kuan and Wang Wei-Chang of Pricewaterhouse Coopers to Lin Yu-Kuan and Liu Yin-Fei since 2010. 3.3.7 Resignation and discharge of personnel related to financial statements (including Chairman, President, Accounting Officer, and Internal Auditor Officer) in recent years or up to the publication date of the annual report: April 30, 2010 Titles Names Assuming Dates Releasing Dates Reason for Releasing Duties Vice president C.S. Chen Mar. 27,1996 Feb. 17,2009 Retirement 28
3.4. CPA’s dues Range of Audit Remuneration Name of CPA firm Name of CPA Audit period Remarks Pricewaterhouse Coopers Lin Wang Yu-Kuan Wei-Chang 2009.1.1-2009.12.31 Unit: thousand Type of remuneration Amount range Audit Non-audit <strong>To</strong>tal 1 Below $2,000 thousand v 2 $2,000 thousand (inclusive) ~ $4,000 thousand 3 $4,000 thousand (inclusive) ~ $6,000 thousand v 4 $6,000 thousand (inclusive) ~ $8,000 thousand v 5 $8,000 thousand (inclusive) ~ $10,000 thousand 6 More than $10,000 thousand (inclusive) 3.5. New CPAs (1) Former CPA Date of change April 2008 April 2010 Reasons and descriptions As a result of internal job transfers within the As a result of internal job transfers within the of change CPA firm, the company's CPAs were changed CPA firm, the company's CPAs will be changed from Lin Yu-Kuan and Wen Fang-Yu of from Lin Yu-Kuan and Wang Wei-Chang of Pricewaterhouse Coopers to Lin Yu-Kuan and Pricewaterhouse Coopers to Lin Yu-Kuan and Wang Wei-Chang since 2008. Liu Yin-Fei since 2010. Was the termination of audit services initiated by the company or the CPA Reasons for opinions other than unqualified opinions issued within the recent 2 years Participants Situation Initiated the termination Service no longer accepted (continued) None CPA Not applicable Not applicable The Participants company Situation Not Initiated the applicable termination Not Service no longer applicable accepted (continued) None CPA Not applicable Not applicable The company Not applicable Not applicable Accounting policy or practice Accounting policy or practice Disclosure of financial reports Disclosure of financial reports Yes Yes Audit coverage or procedures Audit coverage or procedures Disagreements with the issuer Others Others No V No V Elabo None Elabo None ration ration Other disclosures None None (2) Suceeding CPA Name of CPA firm Pricewaterhouse Coopers Pricewaterhouse Coopers Name of CPA Lin Yu-Kuan, Wang Wei-Chang Liu Yin-Fei, Lin Yu-Kuan Date of Appointment April 2008 April 2010 Inquiries and replies relating to the accounting practices or accounting principles of certain transactions, or any audit opinions the CPAs were None None likely to issue to the financial reports prior to reappointment. Written disagreements made by the succeeding None CPA against the opinions of the former CPA None (3) Former CPAs replies to Section 10-5-1 and 10-5-2-3 of The Policy: Not applicable. 29
Page 1 and 2: 009 ANNUAL REPORT StockNo:2315 2009
Page 3 and 4: Contents 1. 7. Assessment Letter To
Page 5 and 6: competitiveness Letter in the marke
Page 7 and 8: 2007 2009 2008 2005 2006 2007 Compa
Page 9 and 10: 2007 2009 2008 2005 2006 2007 Compa
Page 11 and 12: 3.1.2 Responsibilities of major dep
Page 13 and 14: Names Chairman Mathew Miau Director
Page 15 and 16: Titles Names Dates took position Sh
Page 17 and 18: Titles Vice president Vice presiden
Page 19 and 20: Below 2,000,000 Remuneration Rankin
Page 21 and 22: Titles Names MiTAC Salaries (A) In
Page 23 and 24: Managers Receiving Employee Bonuses
Page 25 and 26: 3.3.2 Supervisors’ participation
Page 27 and 28: Items Status Differentiation with o
Page 29 and 30: 3.3.4 Social contribution to enviro
Page 31: 3.3.6 Important resolutions reached
Page 35 and 36: 3.7 Relationships between the top t
Page 37 and 38: 3.8 Aggregate shareholding percenta
Page 39 and 40: 2. Preferred stock: None 4.1.4 Majo
Page 41 and 42: latest financial year after taking
Page 43 and 44: MiTAC International Corp. Regulatio
Page 45 and 46: converting price is to be adjusted
Page 47 and 48: total issuance value, the Company m
Page 49 and 50: 4.3 Employees’ stock options 4.3.
Page 51 and 52: April 30, 2010 Type of employees’
Page 53 and 54: April 30, 2010 Units:NT$ Thousand/
Page 55 and 56: April 30, 2010 Units:NT$ Thousand/S
Page 63 and 64: ‧Personal computers with wire or
Page 65 and 66: (6) Since many worldly famous compa
Page 67 and 68: communication technologies mature i
Page 69 and 70: manufactured for the mainstream mar
Page 71 and 72: state-of-the-art hardware with navi
Page 73 and 74: devices, establishes connection wit
Page 75 and 76: downstream technologies to develop
Page 77 and 78: 2009, and 1.3 million units sold in
Page 79 and 80: customer satisfaction for a greater
Page 81 and 82: 5.2.2 Important applications and pr
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Volume/value Year 2008 2009 Major p
Page 85 and 86:
5.4.2 MiTAC’s environmental healt
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consumption. To comply with the REA
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and the integration of all our comp
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6. Financial Statement 6.1. Most re
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6.2. Financial analysis in most rec
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6.3. Supervisors’ Report of the m
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MITAC INTERNATIONAL CORP. AND SUBSI
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Page 101 and 102:
Page 103 and 104:
2.Research, development, manufactur
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4) Classification of current and no
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11) Allowance for doubtful accounts
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18) Convertible bonds For convertib
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C. When a company’s treasury stoc
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B. The Company's investee, G. Marso
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D. Lian Jie Investment Co., Ltd. ma
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than the sum of carrying value of i
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14) Long-term loans December 31, Ba
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17) Capital reserve The R.O.C. Secu
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19) Share-based payment ─ employe
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(b) As of December 31, 2009, the su
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G. (a) A summary of the movements u
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(c) The Company assumed the employe
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exceed the sum of retained earnings
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C. Components of deferred income ta
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21) Earnings per share Income befor
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treasury stock. 23) Personnel, depr
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E. Accounts payable As of December
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10. OTHER INFORMATION 1) The fair v
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(c) Short-term financial instrument
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11.SUPPLEMENTARY DISCLOSURES A. Inf
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Note 2: 47,500,000 shares were pled
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(8) Receivables from related partie
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B. Information of Subsidiaries: (1)
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Note 3: Equal to 50% of the net wor
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(5) Marketable securities for which
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(10) Information on derivative tran
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) Major transactions with the subsi
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D) The relation of business and imp
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12. SEGMENT INFORMATION 1) Operatio
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7 Assessment of financial condition
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7.3 Cash flow analysis Unit: NT$ Th
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7.5.2 Influences of the interest ra
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(4) Enterprise and channel servers/
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8.1. Information of affiliates 8.1.
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2. Affiliated companies - basic dat
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Company Name Date established Addre
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MiTAC (U.K.) Ltd. Sales of MiTAC’
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Company name Title Name or Rep. Sha
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8.2. MiTAC’s stocks held or dispo
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Letter To Shareholders - Mitac

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