- Annual Report, annual financial statements and consolidated financial statements for the financial year 2012 approved
- Ordinary and extraordinary dividend of in total CHF 0.95 per share resolved
- All Directors re-elected
- Amendments to the articles of association confirmed
Media release
Zurich, Switzerland, April 16, 2013 – DKSH (SIX: DKSH), the leading Market Expansion Services provider with a focus on Asia, announced today that its 80th Annual General Meeting (AGM) voted in favor of all the Board of Directors' proposals. 83% of the overall share capital was represented.
The shareholders approved the Annual Report, the annual financial statements and the consolidated financial statements for the financial year 2012.
The AGM approved the use and allocation of balance sheet profit 2012 and the payout of dividends in line with DKSH's long-term policy of paying out 25%-35% of profit after tax. For an ordinary dividend of CHF 0.80 per registered share, CHF 50.8 million are released from legal reserves from capital contribution. Furthermore, the AGM resolved to pay out an extraordinary dividend of CHF 0.15 per share by releasing CHF 9.5 million from legal reserves from capital contribution, allowing shareholders to participate in the extraordinary gain from divesting OLIC, a non-core pharma contract manufacturing facility in Thailand. The distribution of the total of CHF 0.95 per share will be made as of April 23, 2013.
The AGM approved all amendments to the articles of association. These included the modest increase of conditional share capital for the purpose of employee participation as well as the shortening of the term of office for all members of the Board of Directors from three years to one year. Furthermore, the AGM confirmed its new power to directly elect the Chairman.
All the Directors of the Board of DKSH Holding Ltd. – namely, Adrian T. Keller (Chairman), Rainer-Marc Frey, Dr. Frank Ch. Gulich, Andreas W. Keller, Robert Peugeot, Dr. Theo Siegert, Dr. Hans Christoph Tanner and Dr. Joerg Wolle (CEO) – were re-elected for a one-year term of office. Adrian T. Keller was re-elected as Chairman of the Board of Directors for a one-year term of office.
Ernst & Young Ltd. Zurich was re-appointed as DKSH's statutory auditors for a further term of one year.
DKSH Chairman Adrian T. Keller said: “2012 was a landmark year for DKSH. Taking the company public in March 2012 was another milestone in our history. We wish to thank our shareholders for their commitment and contributions to yet another year of outstanding success. DKSH is set to continue its course of sustainable, profitable growth for 2013.”
For further information please contact:
DKSH Holding Ltd. | |
Till Leisner Head, Group Investor & Media Relations Phone +41 44 386 7315 till.leisner@dksh.com | Dominique Nadelhofer Manager, Group Media Relations Phone +41 44 386 7228 dominique.nadelhofer@dksh.com |
About DKSH
DKSH is the leading Market Expansion Services provider with a focus on Asia. As the term "Market Expansion Services" suggests, DKSH helps other companies and brands to grow their business in new or existing markets.
Publicly listed on the SIX Swiss Exchange since March 2012, DKSH is a global company headquartered in Zurich. With 680 business locations in 35 countries – 660 of them in Asia – and 25,900 specialized staff, DKSH generated net sales of CHF 8.8 billion in 2012.
The company offers a tailor-made, integrated portfolio of sourcing, marketing, sales, distribution, and after-sales services. It provides business partners with expertise as well as on-the-ground logistics based on a comprehensive network of unique size and depth. Business activities are organized into four specialized Business Units that mirror DKSH fields of expertise: Consumer Goods, Healthcare, Performance Materials, and Technology.
With strong Swiss heritage, the company has nearly a 150-year-long tradition of doing business in and with Asia, and is deeply rooted in communities and businesses across Asia Pacific.