[Tatung] Announcement regarding the lifting of non-compete restrictions for directors (including independent directors)
Tatung announced that its annual general meeting held on May 26, 115, approved the lifting of non-compete restrictions for several directors and independent directors, allowing them to engage in similar business activities.
📋 Article Processing Timeline
- 📰 Published: May 26, 2026 at 09:00
- 🔍 Collected: May 27, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 19:22 (107h 22m after Collected)
1. Date of resolution: 115/05/26. 2. Names and titles of directors permitted to engage in competitive behavior: Director: Elitegroup Computer Systems Co., Ltd. (Representative: Kao Ming-hui), Director: Xintong Investment Consulting Co., Ltd. (Representative: Wang Ya-hsuan), Director: Xintong Investment Consulting Co., Ltd. (Representative: Huang Pao-hui), Independent Director: Li Chung-pei, Independent Director: Chen Chien-cheng. 3. Scope of permitted competitive behavior: Serving, investing in, or operating companies with the same or similar business scope as the company. 4. Duration: During the term of office as a director or independent director. 5. Resolution status: Passed by vote. 6. Mainland China business involvement: Not applicable. 7-9. Details regarding Mainland China business: Not applicable. 10. Financial impact: None. 11. Investment amount and shareholding ratio: None. 12. Other: None.
FAQ
What is a non-compete clause for directors?
It is a legal restriction preventing directors from engaging in activities that compete with the company's business interests.