Unitech Computer, a Taiwan-based distributor of IT products, has announced a plan to reduce its paid-in capital by 20% from NT$2.05 billion (US$60.6 million) to NT$1.64 billion because there are idle funds, with NT$2 per share to be returned to shareholders.
Unitech's board of directors approved the capital downsizing at a meeting on March 31, during which it also decided to distribute a dividend per share of NT$1.1 in cash for 2008.
Article translated by Adam Hwang
