AGM Resolves to Lift Non-Compete Restrictions on Directors
Original: 公告本公司115年股東常會決議解除董事競業禁止之限制
Summary
The company disclosed that its 2026 (ROC year 115) Annual General Meeting passed a resolution releasing directors from non-compete restrictions, allowing them to engage in business activities that fall within the company's scope of operations. This is a routine governance matter typically approved at AGMs under Taiwan's Company Act Article 209. Full body available on MOPS.
Full Translation
Announcement: The Company's 2026 (ROC 115) Annual General Meeting of Shareholders resolved to lift the non-compete restrictions on directors. Under Article 209 of Taiwan's Company Act, a director who engages in any activity falling within the scope of the company's business must explain the essential content of such activity to the shareholders' meeting and obtain its approval. This AGM resolution grants such approval, permitting directors to concurrently serve or invest in entities whose business may overlap with the company's, without breaching their fiduciary duty of non-competition. [Body not available — subject line only. See MOPS for full announcement.]