-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HFM1MzZhgvj2ybEtX5SOui2/pnIWqhvFLMT/8qAuGSpsiRj/HuIOdbc5suDePQG+ P5Lyu3eZCELfMIcIFoMXjg== 0000950148-97-001561.txt : 19970526 0000950148-97-001561.hdr.sgml : 19970526 ACCESSION NUMBER: 0000950148-97-001561 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970512 FILED AS OF DATE: 19970523 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: NAM TAI ELECTRONICS INC CENTRAL INDEX KEY: 0000829365 STANDARD INDUSTRIAL CLASSIFICATION: OFFICE MACHINES, NEC [3579] IRS NUMBER: 000000000 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16673 FILM NUMBER: 97613823 BUSINESS ADDRESS: STREET 1: C/O NAM TAI ELECTRONICS INC STREET 2: SUITE 530-999 WEST HASTING ST CITY: VANCOUVER BC STATE: K3 ZIP: V6CZWZ BUSINESS PHONE: 6046697800 MAIL ADDRESS: STREET 1: C/O NAM TAI ELECTRONICS CANADA LTD STREET 2: SUITE 530-999 WEST HASTING ST CITY: VANCOUVER BC STATE: A1 ZIP: V6CZWZ 6-K 1 FORM 6-K FOR MAY 12, 1997 1 FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 REPORT OF FOREIGN ISSUER Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For May 12, 1997 NAM TAI ELECTRONICS, INC. (Registrant's name in English) Unit 9, 15/F, Tower 1 China Hong Kong City, 33 Canton Road TST, Kowloon, Hong Kong 2 NAM TAI ELECTRONICS, INC. CONTACT: WENDY L. WISEMAN SUITE 530 - 999 WEST HASTINGS STREET P.R. SECRETARY VANCOUVER, B.C. CANADA V6C 2W2 TEL: (604) 669-7800 FAX: (604) 669-7816 TOLL FREE TEL & FAX: 1-800-661-8831 NEWS RELEASE INTERNET WEBSITE: http://www.namtai.com NAM TAI ELECTRONICS, INC. ANNOUNCES DIVIDEND INCREASE UPON STRONG SALES GROWTH VANCOUVER, CANADA May 12, 1997 -- Nam Tai Electronics, Inc. ("Nam Tai" or the "Company") (NASDAQ Symbol: NTAIF, TSE Symbol: NMT) today announced its annual dividend of $0.10 per share. The dividend is payable to all shareholders of record at the close of business on May 30, 1997. The dividend will be paid on or before June 20, 1997. As previously announced, the Company intends to adopt the policy of increasing its dividend on a year by year basis of not less than 20% over the next several years to a level consistent with other established profitable corporations. The dividend announced today represents a 330% increase over the dividend of $0.03 per share paid for 1996. Since the dividend was reinstated in February 1994 the Company has increased it annually. The Company paid an annual dividend of $0.01, $0.015 and $0.03 per share in 1994, 1995 and 1996, respectively. Mr. M.K. Koo, Chairman, announced. "The Company is also pleased to announce we are on track for excellent sales growth in the second quarter. We are confident Nam Tai will achieve significant sales and net income growth for 1997 over 1996 and are happy to reward our shareholders with an increase in our dividend." Nam Tai is a full service contract manufacturer which provides hardware and software design, plastic moulding, component purchasing, assembly, quality control and shipping services to major original equipment manufacturers ("OEMs") from Japan and North America. The Company makes use of highly advanced technology at its ISO 9001 certified facilities in Shenzhen, China. It also maintains marketing and administrative operations in Hong Kong and Vancouver, Canada, respectively. The Company's electronic products include personal organizers, spell checkers, dictionaries, calculators and IC Card Readers as well as complex electronic subassemblies and components. The Company's customers include Canon, Casio, Citizen, Matsushita Battery, Nintendo (which orders through Sharp), Optrex, Radio Shack, Sanyo Electric, Seiko Instruments, Sharp and Texas Instruments. 3 Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. For and on behalf of Nam Tai Electronics, Inc. by (S.d.) M.K. Koo ------------------------- M.K. Koo, Chairman Date: May 21, 1997 -----END PRIVACY-ENHANCED MESSAGE-----