Why did Mega Financial lift the director's non-compete restriction?

To allow the Ministry of Finance representative to fulfill cross-institutional duties essential for public financial governance.

Is there a conflict of interest risk for Director Dong?

The company states no financial impact and has internal controls to manage potential conflicts.

How does this resolution affect shareholders?

The company discloses no impact on operations or financials, maintaining shareholder value stability.

Mega Financial Holding Announces Shareholder Approval of Director's Non-Competition Waiver

Published Jun 18, 2026 9:00 AM ・ Updated Jun 20, 2026 12:29 AM ・ 3 min read ・ Source: PR Times

Mega Financial Holding announced that its 115th annual general meeting approved the lifting of non-compete restrictions for Director Dong Rui-Bin, a representative of the Ministry of Finance, allowing him to engage in similar business activities during his tenure, with no impact on company operations.

1. Shareholders' Meeting Resolution Date: 115/06/18

2. Name and Title of Director Permitted to Engage in Competitive Activities: Dong Rui-Bin / Director Representative of the Ministry of Finance

3. Permitted Competitive Activities: Business operations in companies with the same or similar scope as the company

4. Duration of Permitted Competitive Activities: During the period of serving as a director of the company

5. Resolution Outcome (Voting Results as per Article 209 of the Company Act):

The resolution was passed with shareholders representing more than two-thirds of the issued shares in attendance, and a majority of voting rights from attending shareholders in favor.

6. Name and Title of Director Engaging in Competitive Activities Related to Mainland China-based Enterprises (Enter 'Not Applicable' if not applicable): Not Applicable

7. Company Name and Position Held in Such Mainland China-based Enterprise: Not Applicable

8. Address of Such Mainland China-based Enterprise: Not Applicable

9. Business Scope of Such Mainland China-based Enterprise: Not Applicable

10. Impact on the Company's Financial and Business Operations: None

11. If the Director has invested in such Mainland China-based Enterprise, the Investment Amount and Shareholding Ratio: None

12. Other Matters to be Disclosed: None

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Source: PR Times
Category: News
Dates in source: 115/06/18

Mega Financial Holding Announces Shareholder Approval of Director's Non-Competition Waiver

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