KGI Financial Holding Subsidiary KGI Securities Announces Shareholders' Approval to Lift Partial Non-Competition Restrictions for Director
Key facts
- KGI Financial Holding Subsidiary KGI Securities Announces Shareholders' Approval to Lift Partial Non-Competition Restrictions for Director
- KGI Securities, a subsidiary of KGI Financial Holding, announced that its shareholders have approved the lifting of non-competition restrictions for Director Lin Chih-Hung, allowing him to engage in similar business activities during his tenure as director.
- Source: PR Times
- Date: June 22, 2026
Direct answer
KGI Securities, a subsidiary of KGI Financial Holding, announced that its shareholders have approved the lifting of non-competition restrictions for Director Lin Chih-Hung, allowing him to engage in similar business activities during his tenure as director.
- Citation
- KGI Financial Holding Subsidiary KGI Securities Announces Shareholders' Approval to Lift Partial Non-Competition Restrictions for Director (June 22, 2026), PR Times
- Source
- PR Times
- Date
- June 22, 2026
KGI Securities, a subsidiary of KGI Financial Holding, announced that its shareholders have approved the lifting of non-competition restrictions for Director Lin Chih-Hung, allowing him to engage in similar business activities during his tenure as director.
📋 Article Processing Timeline
- 📰 Published: June 22, 2026 at 09:00
- 🔍 Collected: June 23, 2026 at 17:00 (32h 0m after Published)
- 🤖 AI Analyzed: June 23, 2026 at 17:29 (29 min after Collected)
1. Shareholders' meeting resolution date: 115/06/22
2. Name and title of director permitted to engage in competitive activities: Lin Chih-Hung / Director
3. Nature of permitted competitive activities: Engaging in business activities similar to or identical with the company's scope due to concurrent positions held at other companies.
4. Duration of permitted competitive activities: During the period of serving as a director of the company.
5. Resolution outcome (as per Article 209 of the Company Act): Approved by the attending directors excluding those with a conflict of interest.
6. Director's name and title if the permitted competitive activity involves businesses in Mainland China (enter 'Not applicable' if not applicable): Not applicable.
7. Company name and position held in such Mainland China business: Not applicable.
8. Address of such Mainland China business: Not applicable.
9. Business operations of such Mainland China business: Not applicable.
10. Impact on the company's financial and operational performance: Not applicable.
11. If the director has invested in such Mainland China business, the investment amount and shareholding ratio: Not applicable.
12. Other matters to be disclosed: Pursuant to Article 15 of the Financial Holding Company Act, the authority of the shareholders' meeting is exercised by the board of directors.
2. Name and title of director permitted to engage in competitive activities: Lin Chih-Hung / Director
3. Nature of permitted competitive activities: Engaging in business activities similar to or identical with the company's scope due to concurrent positions held at other companies.
4. Duration of permitted competitive activities: During the period of serving as a director of the company.
5. Resolution outcome (as per Article 209 of the Company Act): Approved by the attending directors excluding those with a conflict of interest.
6. Director's name and title if the permitted competitive activity involves businesses in Mainland China (enter 'Not applicable' if not applicable): Not applicable.
7. Company name and position held in such Mainland China business: Not applicable.
8. Address of such Mainland China business: Not applicable.
9. Business operations of such Mainland China business: Not applicable.
10. Impact on the company's financial and operational performance: Not applicable.
11. If the director has invested in such Mainland China business, the investment amount and shareholding ratio: Not applicable.
12. Other matters to be disclosed: Pursuant to Article 15 of the Financial Holding Company Act, the authority of the shareholders' meeting is exercised by the board of directors.
FAQ
What is the legal basis for this non-compete waiver?
Approved under Article 209 of the Company Act and Article 15 of the Financial Holding Company Act.
Where is Director Lin Chih-Hung holding concurrent positions?
The announcement does not specify the companies, only that the activities are similar to KGI's business.
Is this type of resolution common in Taiwan?
Yes, such waivers are permitted if properly disclosed and approved under governance rules.