Chun Yuan Announces Change of Natural Person Director and Over One-Third Board Change at Key Subsidiary CHUN YUAN INVESTMENT (SINGAPORE) PTE LTD
Chun Yuan announces the removal and reappointment of Mr. Tsai Hsi-yi as director of its key subsidiary in Singapore, with over one-third of directors changing due to a scheduled shareholders' meeting election.
📋 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 17:24 (23 min after Collected)
1. Date of Change: 115/06/24
2. Category of Personnel Affected (Please select: Corporate Director, Corporate Supervisor, Independent Director, Natural Person Director, or Natural Person Supervisor): Natural Person Director
3. Former Title and Name:
Tsai Hsi-yi, Director of CHUN YUAN INVESTMENT (SINGAPORE) PTE LTD
4. Former Director's Background:
Tsai Hsi-yi, Director of CHUN YUAN INVESTMENT (SINGAPORE) PTE LTD
5. New Director's Title and Name:
Tsai Hsi-yi, Director of CHUN YUAN INVESTMENT (SINGAPORE) PTE LTD
6. New Director's Background:
Tsai Hsi-yi, Director of CHUN YUAN INVESTMENT (SINGAPORE) PTE LTD
7. Nature of Change (Please enter 'Resignation', 'Removal', 'End of Term', 'Deceased', or 'New Appointment'): Removal
8. Reason for Change: Removed in accordance with the company's articles of incorporation and re-elected at the shareholders' meeting
9. Number of Shares Held by New Director at Time of Appointment:
Tsai Hsi-yi: 0 shares
10. Original Term (e.g., xx/xx/xx ~ xx/xx/xx): Not applicable
11. Effective Date of New Appointment: 115/06/24
12. Proportion of Concurrent-Term Directors Changed: 33.33%
13. Proportion of Concurrent-Term Independent Directors Changed: 0.00%
14. Proportion of Concurrent-Term Supervisors Changed: 0.00%
15. Is the change involving over one-third of directors? (Yes or No): Yes
16. Other Matters to be Clarified (If the subject is a publicly listed company, this material information also meets the criteria under Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act regarding matters significantly affecting shareholder rights or securities prices): None
2. Category of Personnel Affected (Please select: Corporate Director, Corporate Supervisor, Independent Director, Natural Person Director, or Natural Person Supervisor): Natural Person Director
3. Former Title and Name:
Tsai Hsi-yi, Director of CHUN YUAN INVESTMENT (SINGAPORE) PTE LTD
4. Former Director's Background:
Tsai Hsi-yi, Director of CHUN YUAN INVESTMENT (SINGAPORE) PTE LTD
5. New Director's Title and Name:
Tsai Hsi-yi, Director of CHUN YUAN INVESTMENT (SINGAPORE) PTE LTD
6. New Director's Background:
Tsai Hsi-yi, Director of CHUN YUAN INVESTMENT (SINGAPORE) PTE LTD
7. Nature of Change (Please enter 'Resignation', 'Removal', 'End of Term', 'Deceased', or 'New Appointment'): Removal
8. Reason for Change: Removed in accordance with the company's articles of incorporation and re-elected at the shareholders' meeting
9. Number of Shares Held by New Director at Time of Appointment:
Tsai Hsi-yi: 0 shares
10. Original Term (e.g., xx/xx/xx ~ xx/xx/xx): Not applicable
11. Effective Date of New Appointment: 115/06/24
12. Proportion of Concurrent-Term Directors Changed: 33.33%
13. Proportion of Concurrent-Term Independent Directors Changed: 0.00%
14. Proportion of Concurrent-Term Supervisors Changed: 0.00%
15. Is the change involving over one-third of directors? (Yes or No): Yes
16. Other Matters to be Clarified (If the subject is a publicly listed company, this material information also meets the criteria under Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act regarding matters significantly affecting shareholder rights or securities prices): None
FAQ
Why was Mr. Tsai Hsi-yi removed and reappointed?
It was a procedural renewal per company charter, with re-election at the shareholders' meeting. No substantive change.
Does this change affect company management?
No management change; continuity is maintained. The purpose is governance transparency.
What is the role of CHUN YUAN INVESTMENT?
As a holding company, it manages capital and supports strategic initiatives for Chun Yuan's Asia strategy.