【Taiwan Fertilizer】Lifting of Non-Compete Restrictions for Independent Director Weng Ming-chang
Taiwan Fertilizer announced that the shareholders' meeting has approved the lifting of non-compete restrictions for Independent Director Weng Ming-chang. He is permitted to engage in business activities related to Pu-Hui Medical, including wholesale and retail of alcohol, chemicals, and cosmetics, during his tenure as an independent director.
📋 Article Processing Timeline
- 📰 Published: May 27, 2026 at 09:00
- 🔍 Collected: May 28, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 19:02 (83h 2m after Collected)
1. Date of Shareholders' Meeting Resolution: 115/05/27
2. Name and Title of Director Permitted to Engage in Competitive Behavior: Weng Ming-chang, Independent Director
3. Items of Permitted Competitive Behavior: Pu-Hui Medical Co., Ltd.: Alcohol wholesale, other chemical wholesale, cosmetics wholesale, alcohol retail, other chemical retail, cosmetics retail, warehousing, waste collection, waste treatment, and other non-prohibited business activities.
4. Period of Permission: During his tenure as an independent director of the company.
5. Resolution Status: Approved by more than two-thirds of the voting rights of shareholders present, representing more than half of the total issued shares.
6. Business in Mainland China: Not applicable.
7. Impact on Financials/Operations: None.
2. Name and Title of Director Permitted to Engage in Competitive Behavior: Weng Ming-chang, Independent Director
3. Items of Permitted Competitive Behavior: Pu-Hui Medical Co., Ltd.: Alcohol wholesale, other chemical wholesale, cosmetics wholesale, alcohol retail, other chemical retail, cosmetics retail, warehousing, waste collection, waste treatment, and other non-prohibited business activities.
4. Period of Permission: During his tenure as an independent director of the company.
5. Resolution Status: Approved by more than two-thirds of the voting rights of shareholders present, representing more than half of the total issued shares.
6. Business in Mainland China: Not applicable.
7. Impact on Financials/Operations: None.
FAQ
Can the independent director of Taiwan Fertilizer work for another company?
Yes, the shareholders approved the lifting of non-compete restrictions for his role at Pu-Hui Medical.