AGM Resolves to Lift Non-Compete Restrictions on Directors
Original: 公告本公司股東常會決議解除董事競業禁止之限制事宜
Summary
The company disclosed that its Annual General Meeting of Shareholders passed a resolution releasing directors from the non-compete restriction, allowing them to engage in business activities that fall within the scope of the company's operations. This is a routine governance matter commonly approved at Taiwanese listed companies' AGMs, but investors should review the specific directors and competing activities involved. Full body available on MOPS.
Full Translation
Announcement regarding the resolution passed at the Company's Annual General Meeting of Shareholders to lift the non-compete restriction on directors. Under Article 209 of Taiwan's Company Act, directors who wish to engage in activities within the scope of the company's business must obtain shareholder approval; this announcement confirms such approval was granted at the AGM. [Body not available — subject line only. See MOPS for full announcement.]