[Hsin Kao] Shareholders' meeting approved the proposal to waive the non-compete obligation for directors for the year 115
Hsin Kao passed a proposal at its shareholders' meeting on June 5th to waive the non-compete restriction for director Sun Lian-sheng. The proposal was passed unanimously, and the director is permitted to engage in non-compete activities until June 4, 118.
📋 Article Processing Timeline
- 📰 Published: June 5, 2026 at 09:00
- 🔍 Collected: June 6, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 6, 2026 at 16:34 (8h 34m after Collected)
1. Date of shareholders' meeting resolution: 115/06/05
2. Name and title of the director permitted to engage in non-compete activities: Representative of Hsin Chuan Investment Co., Ltd., Sun Lian-sheng
3. Items of non-compete activities permitted: Business items permitted by the company
4. Period of permitted non-compete activities: 115/06/05 to 118/06/04
5. Status of the resolution (Voting results according to Article 209 of the Company Act): After consultation by the chairman, it was passed without objection by shareholders representing more than two-thirds of the total issued shares.
6. Non-compete activities involving mainland China business: Not applicable
7. Company name and position held in the mainland China business: Not applicable
8. Address of the mainland China business: Not applicable
9. Business items of the mainland China business: Not applicable
10. Impact on the company's financial and business operations: None
11. Investment amount and shareholding ratio of the director in the mainland China business: Not applicable
12. Other matters: None
2. Name and title of the director permitted to engage in non-compete activities: Representative of Hsin Chuan Investment Co., Ltd., Sun Lian-sheng
3. Items of non-compete activities permitted: Business items permitted by the company
4. Period of permitted non-compete activities: 115/06/05 to 118/06/04
5. Status of the resolution (Voting results according to Article 209 of the Company Act): After consultation by the chairman, it was passed without objection by shareholders representing more than two-thirds of the total issued shares.
6. Non-compete activities involving mainland China business: Not applicable
7. Company name and position held in the mainland China business: Not applicable
8. Address of the mainland China business: Not applicable
9. Business items of the mainland China business: Not applicable
10. Impact on the company's financial and business operations: None
11. Investment amount and shareholding ratio of the director in the mainland China business: Not applicable
12. Other matters: None
FAQ
What kind of company is Hsin Kao?
A company involved in public utilities in Taiwan.
Why waive the non-compete obligation for the director?
It is a standard corporate governance procedure to ensure business flexibility and compliance with legal requirements.
Until when is the non-compete waiver valid?
It is valid until June 4, 118 (ROC calendar).