[KMC] 115 Annual General Meeting Approves Waiver of Non-Compete Restrictions for New Directors
Key facts
- [KMC] 115 Annual General Meeting Approves Waiver of Non-Compete Restrictions for New Directors
- KMC International announced that the 115 Annual General Meeting held on May 29, 115, approved the waiver of non-compete restrictions for its directors. This allows directors to engage in similar businesses, including roles in mainland China, provided it does not harm the company's interests.
- Source: PR Times
- Date: May 29, 2026
Direct answer
KMC International announced that the 115 Annual General Meeting held on May 29, 115, approved the waiver of non-compete restrictions for its directors. This allows directors to engage in similar businesses, including roles in mainland China, provided it does not harm the company's interests.
- Citation
- [KMC] 115 Annual General Meeting Approves Waiver of Non-Compete Restrictions for New Directors (May 29, 2026), PR Times
- Source
- PR Times
- Date
- May 29, 2026
KMC International announced that the 115 Annual General Meeting held on May 29, 115, approved the waiver of non-compete restrictions for its directors. This allows directors to engage in similar businesses, including roles in mainland China, provided it does not harm the company's interests.
📋 Article Processing Timeline
- 📰 Published: May 29, 2026 at 09:00
- 🔍 Collected: May 30, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 18:13 (34h 13m after Collected)
2. Directors Permitted: Wu Ying-jin, Wu Rui-zhang, Kao Ting-nan, Hsu Yang-kang, and Independent Directors Tsai Hsueh-ling, Peng Yu-min, Chang Chia-ming.
3. Permitted Scope: Companies with similar or identical business activities.
4. Duration: During their tenure as directors.
5. Resolution Status: Approved under Article 209 of the Company Act.
6. Mainland China Operations: Detailed list of roles held by Wu Ying-jin, Wu Rui-zhang, and Hsu Yang-kang in mainland China subsidiaries.
7. Financial Impact: No material impact.
FAQ
Why is the non-compete waiver necessary?
To legalize concurrent roles within group companies.
What are the key facts in this article?
KMC International announced that the 115 Annual General Meeting held on May 29, 115, approved the waiver of non-compete restrictions for its directors. This allows directors to engage in similar businesses, including roles in mainland China, provided it does not harm the company's interests.
What is the direct answer?
KMC International announced that the 115 Annual General Meeting held on May 29, 115, approved the waiver of non-compete restrictions for its directors. This allows directors to engage in similar businesses, including roles in mainland China, provided it does not harm the company's interests.