Giant Court Announces Shareholders' Approval to Lift Directors' Non-Compete Restrictions for Fiscal Year 115
Key facts
- Giant Court Announces Shareholders' Approval to Lift Directors' Non-Compete Restrictions for Fiscal Year 115
- On June 16, 2026, Giant Court's annual shareholders' meeting approved the lifting of non-compete restrictions for seven directors, allowing them to concurrently serve as directors or executives in companies with similar business operations during their tenure.
- Source: PR Times
- Date: June 16, 2026
Direct answer
On June 16, 2026, Giant Court's annual shareholders' meeting approved the lifting of non-compete restrictions for seven directors, allowing them to concurrently serve as directors or executives in companies with similar business operations during their tenure.
- Citation
- Giant Court Announces Shareholders' Approval to Lift Directors' Non-Compete Restrictions for Fiscal Year 115 (June 16, 2026), PR Times
- Source
- PR Times
- Date
- June 16, 2026
On June 16, 2026, Giant Court's annual shareholders' meeting approved the lifting of non-compete restrictions for seven directors, allowing them to concurrently serve as directors or executives in companies with similar business operations during their tenure.
📋 Article Processing Timeline
- 📰 Published: June 16, 2026 at 09:00
- 🔍 Collected: June 17, 2026 at 17:00 (32h 0m after Published)
- 🤖 AI Analyzed: June 18, 2026 at 16:35 (23h 35m after Collected)
1. Shareholders' meeting resolution date: 115/06/16
2. Names and titles of directors permitted to engage in competing activities:
- Chuang Po-Yen, Director
- Chang Cho-Chen, Director
- Chuang Chia-Ling, Director
- Liang Yu-Lun, Director (Representative of Jian Xin Qi Ji Co., Ltd.)
- Tsai Hsin-Yuan, Independent Director
- Wu Szu-Wei, Independent Director
- Lin Yi-Chieh, Independent Director
3. Permitted competitive activities: Serving concurrently as director or manager in companies with the same or similar business nature as the company
4. Duration of permitted competitive activities: During the period of serving as a director of the company
5. Resolution outcome (voting results explained under Article 209 of the Company Act): Approved, meeting the statutory requirements
6. Names and titles of directors engaging in competitive activities related to businesses in Mainland China (enter 'Not Applicable' if not applicable): 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 operations of such Mainland China business: Not Applicable
10. Impact on the company's financial and business operations: Not Applicable
11. If directors have invested in such Mainland China business, investment amount and shareholding ratio: Not Applicable
12. Other matters to be disclosed: None
2. Names and titles of directors permitted to engage in competing activities:
- Chuang Po-Yen, Director
- Chang Cho-Chen, Director
- Chuang Chia-Ling, Director
- Liang Yu-Lun, Director (Representative of Jian Xin Qi Ji Co., Ltd.)
- Tsai Hsin-Yuan, Independent Director
- Wu Szu-Wei, Independent Director
- Lin Yi-Chieh, Independent Director
3. Permitted competitive activities: Serving concurrently as director or manager in companies with the same or similar business nature as the company
4. Duration of permitted competitive activities: During the period of serving as a director of the company
5. Resolution outcome (voting results explained under Article 209 of the Company Act): Approved, meeting the statutory requirements
6. Names and titles of directors engaging in competitive activities related to businesses in Mainland China (enter 'Not Applicable' if not applicable): 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 operations of such Mainland China business: Not Applicable
10. Impact on the company's financial and business operations: Not Applicable
11. If directors have invested in such Mainland China business, investment amount and shareholding ratio: Not Applicable
12. Other matters to be disclosed: None
FAQ
Is it legal for Giant Court directors to serve in competing firms?
Yes, the resolution was approved by shareholders and complies with Article 209 of the Company Act.
How does this affect corporate governance?
It increases management flexibility but requires stronger conflict-of-interest controls.
Does this involve mainland Chinese companies?
No, the resolution specifies it does not apply to businesses in mainland China.