[Taroko] Announcement of the Resolution to Lift Non-Compete Restrictions for Directors at the 115th AGM
Taroko Development approved the lifting of non-compete restrictions for several directors at its May 28, 115 AGM. The resolution passed with 98.2% approval, allowing directors to engage in competing activities provided they do not harm the company's interests.
📋 Article Processing Timeline
- 📰 Published: May 28, 2026 at 09:00
- 🔍 Collected: May 29, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 18:46 (58h 46m after Collected)
1. Date of resolution: 115/05/28
2. Names and titles of directors permitted to engage in competitive activities: Corporate representatives of Sango International: Lin Man-li, Hsu Chun-chi, Wang Ying-chih; Corporate representative of Tong-Qing-Xin Creative Investment: Hsu Yung-chang; Lin Yi-nan; Independent Directors: Chen Chun-chih, Chou Tsang-hsien, Wang Ling-hui, Chen Yang-lin.
3. Scope of permitted activities: Competitive activities are permitted provided they do not harm the company's interests.
4. Duration: During their tenure as directors (including independent directors).
5. Voting results: The motion passed with 64,763,084 votes in favor out of 65,949,102 present, representing 98.2016% of the voting rights.
6. Mainland China business involvement: Not applicable.
7. Other matters: None.
2. Names and titles of directors permitted to engage in competitive activities: Corporate representatives of Sango International: Lin Man-li, Hsu Chun-chi, Wang Ying-chih; Corporate representative of Tong-Qing-Xin Creative Investment: Hsu Yung-chang; Lin Yi-nan; Independent Directors: Chen Chun-chih, Chou Tsang-hsien, Wang Ling-hui, Chen Yang-lin.
3. Scope of permitted activities: Competitive activities are permitted provided they do not harm the company's interests.
4. Duration: During their tenure as directors (including independent directors).
5. Voting results: The motion passed with 64,763,084 votes in favor out of 65,949,102 present, representing 98.2016% of the voting rights.
6. Mainland China business involvement: Not applicable.
7. Other matters: None.
FAQ
Who is covered by the non-compete waiver at Taroko?
Several directors, including corporate representatives and independent directors.