[TCM] Resolution on Lifting Non-Compete Restrictions for Directors at the 2026 Annual General Shareholders' Meeting
TCM Biotech announced that at its 2026 Annual General Shareholders' Meeting held on June 5, it passed a resolution to lift non-compete restrictions for all its directors and independent directors.
📋 Article Processing Timeline
- 📰 Published: June 5, 2026 at 09:00
- 🔍 Collected: June 6, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 7, 2026 at 05:05 (21h 5m after Collected)
1. Date of Shareholders' Meeting Resolution: 2026/06/05
2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
Directors: Hsu Huan-Ching, Chen Tzu-Pei, Chen Chin-Chi, Wang Ya-Chun, Hsu Yi-Fang
Independent Directors: Kuo Cheng-Hung, Chen Hui-Yu, Liu Heng-Yi
3. Scope of Permitted Competitive Activities:
Directors are permitted to concurrently serve as directors or hold other positions in related companies.
4. Duration of Permitted Competitive Activities: During their tenure as directors of the company.
5. Voting Status: Passed as proposed, in accordance with Article 209 of the Company Act.
2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
Directors: Hsu Huan-Ching, Chen Tzu-Pei, Chen Chin-Chi, Wang Ya-Chun, Hsu Yi-Fang
Independent Directors: Kuo Cheng-Hung, Chen Hui-Yu, Liu Heng-Yi
3. Scope of Permitted Competitive Activities:
Directors are permitted to concurrently serve as directors or hold other positions in related companies.
4. Duration of Permitted Competitive Activities: During their tenure as directors of the company.
5. Voting Status: Passed as proposed, in accordance with Article 209 of the Company Act.
FAQ
What is the recent announcement from TCM Biotech?
During the shareholders' meeting on June 5, 2026, it was decided to lift non-compete restrictions for all directors.
What is the purpose of this decision?
To allow directors to hold concurrent positions at other companies and ensure flexible management.
Which directors are affected?
All eight directors: Hsu Huan-Ching, Chen Tzu-Pei, Chen Chin-Chi, Wang Ya-Chun, Hsu Yi-Fang, Kuo Cheng-Hung, Chen Hui-Yu, and Liu Heng-Yi.