The distribution is set to be taxed at a reduced rate of 20%, classified under the Encouragement of Capital Investment Law as preferred technological income. This decision follows a comprehensive review of the company's financial health, with directors confirming that the payout will not impede ongoing operations or future strategic commitments.
Financial statements ending June 30, 2026, show retained earnings of $238.7 million, a figure projected to decrease to $228.7 million post-distribution. The company remains debt-free regarding banking institutions, reporting a cash balance of $103.7 million prior to the previous first-quarter dividend payment. With current assets of $144.5 million against $122.4 million in liabilities, the firm maintains a stable liquidity position to support its global telematics and stolen vehicle recovery services.




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