[PBF] Announcement of the Lifting of Non-Compete Restrictions for Directors
PBF announced that the Annual General Meeting held on May 25, 115, approved the lifting of non-compete restrictions for several directors to allow them to hold concurrent positions.
📋 Article Processing Timeline
- 📰 Published: May 25, 2026 at 09:00
- 🔍 Collected: May 26, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 20:09 (132h 9m after Collected)
1. Date of resolution: 115/05/25. 2. Directors: Chairman Chang Li-chiu, Director Liu Hung-chih, Director Tseng Tien-tsu, Independent Director Chang Yun-peng, Independent Director Li Chung-yen. 3. Scope: Concurrent positions in other companies. 4. Duration: During their tenure. 5. Resolution: Approved by more than two-thirds of the voting rights present. 6. Mainland China business: Not applicable. 7. Financial impact: None.
FAQ
What is the condition for lifting non-compete?
Without harming the company's interests.