Subsidiaries Yosun and ChuanDing Boards Pass Key Resolutions in Lieu of Shareholders' Meeting
Original: 代子公司-友尚(股)公司、詮鼎科技(股)公司 公告董事會(代行股東會職權)重要決議事項
Summary
WPG Holdings disclosed on behalf of its wholly-owned subsidiaries Yosun Industrial Corp. and ChuanDing Technology Co., Ltd. that their boards of directors have passed material resolutions while acting in lieu of the shareholders' meeting. Because both entities are wholly-owned, their boards exercise shareholder powers directly, indicating governance-level decisions such as capital, dividend, or structural matters. Full body available on MOPS.
Full Translation
Announcement on behalf of subsidiaries Yosun Industrial Corp. and ChuanDing Technology Co., Ltd. regarding material resolutions passed by their boards of directors acting in lieu of the shareholders' meeting. Under Taiwan Company Act provisions, the board of a wholly-owned subsidiary may exercise the functions and powers of the shareholders' meeting; such resolutions typically cover items reserved to shareholders (e.g., earnings distribution, capital changes, amendments to articles of incorporation, or director appointments). [Body not available — subject line only. See MOPS for full announcement.]