1934 Act Registration No. 1-14700
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2003
Taiwan Semiconductor Manufacturing Company Ltd.
(Translation of Registrant's Name Into English)
No.121 Park Avenue III
Science-Based Industrial Park
Hsin-chu, Taiwan
(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F X Form 40-F _______
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(Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes _______ No X
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(If "Yes" is marked, indicated below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82: _______.)
SIGNATURES
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.
Taiwan Semiconductor Manufacturing Company Ltd.
Date: June 3, 2003 By /s/ Harvey Chang
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Harvey Chang
Senior Vice President & Chief Financial Officer
TSMC Shareholders Approved NT$0.80 Stock Dividend
Hsinchu, Taiwan, June 3, 2003 - Taiwan Semiconductor Manufacturing Company Ltd.
("TSMC" or "the Company") (TAIEX: 2330, NYSE: TSM), today held a shareholders'
meeting at which the shareholders approved the distribution of a stock dividend
of NT$0.80 per Common Share. Each shareholder will be entitled to receive a
stock dividend of 80 shares for each 1,000 shares held by such shareholder.
Mr. Harvey Chang, TSMC spokesperson and senior vice president, stated that other
major conclusions of this shareholders' meeting are as follows:
1. Shareholders approved financial statements for 2002. Net sales for 2002
were NT$160,961,329 thousand, and net income was NT$ 21,610,291 thousand,
with earnings per share of NT$1.14.
2. On November 29, 2000, TSMC issued 1,300,000,000 Preferred A shares, which
matured on May 28, 2003. TSMC has redeemed, in accordance with its
Articles of Incorporation, all the 1,300,000,000 Preferred A shares at par
value of NT$10 per share, cancelled the above shares, and reduced the
paid-in capital by NT$13,000,000,000.
3. Shareholders approved the capitalization of 2002 dividends and employee
profit sharing. Subsequent to this capital increase, the paid-in capital
of TSMC shall become NT$202,666,189,840, totaling 20,266,618,984 common
shares issued.
4. TSMC completed the re-election of Directors and Supervisors of the Ninth
Term. The nine Directors are Morris Chang, Jan Lobbezoo (Representative of
Koninklijke Philips Electronics N.V.), F.C. Tseng, Stan Shih, Chintay Shih
(Representative of Development Fund, Executive Yuan), Peter L. Bonfield,
Lester C. Thurow, Jaap van Oost (Representative Koninklijke of Philips
Electronics N.V.) and Rick Tsai. The three Supervisors are Robbert Brakel
(Representative of Koninklijke Philips Electronics N.V.), Susan Chang
(Representative of Development Fund, Executive Yuan), and Michael E.
Porter. Among the nine Directors, independent directors account for three
seats, increased from two previously. TSMC management team and
representatives of Juridical Person Shareholders also count for three
seats respectively. The constitution of TSMC Directors represents further
commitment to the spirit of corporate governance.
# # #
TSMC Spokesperson:
Mr. Harvey Chang
Senior Vice President
Tel: 886-3-563-6688 Ext: 2075
For further information, please contact:
Mr. J.H. Tzeng Mr. Jesse Chou Ms. Shan-Shan Guo
PR Department Manager, TSMC PR Manager, TSMC PR Manager, TSMC
Tel: 886-3-666-5028(O) Tel:886-3-666-5029(O) Tel:886-3-666-5033(O)
886-928-882-607(Mobile) 886-932-113-258(Mobile) 886-939-059-246 (Mobile)
Fax: 886-3-567-0121 Fax:03-5670121 Fax:03-5670121
E-mail: jhtzeng@tsmc.com.tw E-Mail: jhchoua@tsmc.com.tw Email: ssguo@tsmc.com.tw
TSMC Board of Directors Unanimously Re-elects
Dr. Morris Chang as Chairman of TSMC
Science-Based Industrial Park, Hsin-Chu, Taiwan, June 3, 2003 - Taiwan
Semiconductor Manufacturing Company Ltd. (TSMC) (NYSE: TSM) today held the first
meeting of the Board of Directors of the Ninth Term, at which the Board
unanimously re-elected Dr. Morris Chang as Chairman of TSMC.
TSMC Spokesperson Mr. Harvey Chang noted that, at its meeting, the Board of
Directors also:
1. Authorized the Chairman to determine the record date for distribution of
stock dividends to common share holders as approved at the 2003 Regular
Shareholders Meeting.
2. Approved the change of TSMC's registered address from "No. 121, Park
Avenue 3, Science-Based Industrial Park, Hsin-Chu, Taiwan, ROC" to "No. 8,
Li-Hsin Road 6, Science-Based Industrial Park, Hsin-Chu, Taiwan, ROC".
3. Approved the establishment of a Compensation Committee of the Board of
Directors to execute corporate governance improvements.
4. Approved TSMC's sponsorship of the issuance of American Depository
Receipts ("ADRs") by the Development Fund and certain other shareholders
to dispose of up to 450,000,000 TSMC common shares in the form of ADRs.
# # #
TSMC Spokesperson:
Mr. Harvey Chang
Senior Vice President
Tel: 886-3-563-6688 Ext: 2075
For further information, please contact:
Mr. J.H. Tzeng Mr. Jesse Chou Ms. Shan-Shan Guo
PR Department Manager, TSMC PR Manager, TSMC PR Manager, TSMC
Tel: 886-3-666-5028(O) Tel:886-3-666-5029(O) Tel:886-3-666-5033(O)
886-928-882-607(Mobile) 886-932-113-258(Mobile) 886-939-059-246 (Mobile)
Fax: 886-3-567-0121 Fax:03-5670121 Fax:03-5670121
E-mail: jhtzeng@tsmc.com.tw E-Mail: jhchoua@tsmc.com.tw Email: ssguo@tsmc.com.tw