[StemCyte-KY] Announcement of Board Acting as AGM to Waive Non-Compete Restrictions for New Directors at Subsidiary Taiwan StemCyte

Key facts

  • [StemCyte-KY] Announcement of Board Acting as AGM to Waive Non-Compete Restrictions for New Directors at Subsidiary Taiwan StemCyte
  • StemCyte-KY announced that the board of its subsidiary, Taiwan StemCyte, acted on behalf of the AGM to waive non-compete restrictions for directors Lu Kung-Ming, Kuo Hui-Yuan, and Chen Jui-Ching, allowing them to hold positions in affiliated biotech investment firms.
  • Source: PR Times
  • Date: May 29, 2026

Direct answer

StemCyte-KY announced that the board of its subsidiary, Taiwan StemCyte, acted on behalf of the AGM to waive non-compete restrictions for directors Lu Kung-Ming, Kuo Hui-Yuan, and Chen Jui-Ching, allowing them to hold positions in affiliated biotech investment firms.

Citation
[StemCyte-KY] Announcement of Board Acting as AGM to Waive Non-Compete Restrictions for New Directors at Subsidiary Taiwan StemCyte (May 29, 2026), PR Times
Source
PR Times
Date
May 29, 2026
StemCyte-KY announced that the board of its subsidiary, Taiwan StemCyte, acted on behalf of the AGM to waive non-compete restrictions for directors Lu Kung-Ming, Kuo Hui-Yuan, and Chen Jui-Ching, allowing them to hold positions in affiliated biotech investment firms.
businessNQ 47/100出典：PR Times

📋 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 17:35 (33h 35m after Collected)
1. Date of resolution: 115/05/29. 2. Directors: Lu Kung-Ming, Kuo Hui-Yuan, Chen Jui-Ching. 3. Permitted activities: Lu (Chairman of Diamond High-Tech, Director of Microbio Shanghai, etc.), Kuo (VP of Diamond Bio, Consultant at Oneness), Chen (Director at Oneness). 4. Period: During tenure as director. 5. Resolution: Approved unanimously by attending directors. 6. Mainland China business: Lu Kung-Ming (Director of Microbio Shanghai). 7. Investment: $5.705 million USD, 10.88% stake. 8. Other: Board acting as AGM.

FAQ

What is non-compete restriction?

A rule preventing directors from engaging in businesses that compete with their company.

What are the key facts in this article?

StemCyte-KY announced that the board of its subsidiary, Taiwan StemCyte, acted on behalf of the AGM to waive non-compete restrictions for directors Lu Kung-Ming, Kuo Hui-Yuan, and Chen Jui-Ching, allowing them to hold positions in affiliated biotech investment firms.

What is the direct answer?

StemCyte-KY announced that the board of its subsidiary, Taiwan StemCyte, acted on behalf of the AGM to waive non-compete restrictions for directors Lu Kung-Ming, Kuo Hui-Yuan, and Chen Jui-Ching, allowing them to hold positions in affiliated biotech investment firms.

Back to Newsroom (96)