【Kokusen】Board Resolves to Lift Non-Compete Restriction on Manager
Key facts
- 【Kokusen】Board Resolves to Lift Non-Compete Restriction on Manager
- Kokusen's board of directors has approved the lifting of the non-compete restriction for General Manager Kuo Wen-kai, permitting him to engage in similar business activities during his tenure.
- Source: PR Times
- Date: June 24, 2026
Direct answer
Kokusen's board of directors has approved the lifting of the non-compete restriction for General Manager Kuo Wen-kai, permitting him to engage in similar business activities during his tenure.
- Citation
- 【Kokusen】Board Resolves to Lift Non-Compete Restriction on Manager (June 24, 2026), PR Times
- Source
- PR Times
- Date
- June 24, 2026
Kokusen's board of directors has approved the lifting of the non-compete restriction for General Manager Kuo Wen-kai, permitting him to engage in similar business activities during his tenure.
📋 Article Processing Timeline
- 📰 Published: June 24, 2026 at 09:00
- 🔍 Collected: June 25, 2026 at 17:00 (32h 0m after Published)
- 🤖 AI Analyzed: June 25, 2026 at 18:15 (1h 14m after Collected)
1. Board resolution date: 115/06/24
2. Name and title of manager permitted to engage in competitive activities: Kuo Wen-kai, General Manager
3. Items of permitted competitive activities: Companies with business scope identical or similar to the company's
4. Period of permitted competitive activities: Duration of managerial position
5. Resolution outcome (voting results per Article 32 of the Company Act): Except for Director Kuo Wen-kai, who abstained, all attending directors unanimously approved the resolution
6. Name and title of manager if the permitted competitive activity involves businesses in Mainland China (enter 'Not applicable' if not): 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 items of such Mainland China business: Not applicable
10. Impact on the company's financial and business operations: None
11. Investment amount and shareholding ratio if the manager has invested in such Mainland China business: Not applicable
12. Other matters to be disclosed: None
2. Name and title of manager permitted to engage in competitive activities: Kuo Wen-kai, General Manager
3. Items of permitted competitive activities: Companies with business scope identical or similar to the company's
4. Period of permitted competitive activities: Duration of managerial position
5. Resolution outcome (voting results per Article 32 of the Company Act): Except for Director Kuo Wen-kai, who abstained, all attending directors unanimously approved the resolution
6. Name and title of manager if the permitted competitive activity involves businesses in Mainland China (enter 'Not applicable' if not): 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 items of such Mainland China business: Not applicable
10. Impact on the company's financial and business operations: None
11. Investment amount and shareholding ratio if the manager has invested in such Mainland China business: Not applicable
12. Other matters to be disclosed: None
FAQ
Why did Kokusen lift the non-compete restriction?
To enhance management flexibility, following legal procedures under Company Law Article 32.
Who is affected by this decision?
Mainly shareholders and investors, though financial impact is stated as none.
What is Company Law Article 32?
Regulates director conflicts of interest in competitive businesses, requiring board approval.