Formosa Oil: Announcement of Dismissal of 4 Directors (including Independent Directors) and Election of 1 Independent Director at the 115th First Extraordinary General Meeting
Key facts
- Formosa Oil: Announcement of Dismissal of 4 Directors (including Independent Directors) and Election of 1 Independent Director at the 115th First Extraordinary General Meeting
- Formosa Oil announced that at its 115th First Extraordinary General Meeting on April 16, 115, four directors (including three independent directors) were dismissed, and Zhang Jing-xiang was elected as a new independent director. This significant change affects five out of the nine board members.
- Source: 臺灣證券交易所 TWSE
- Date: April 16, 2026
Direct answer
Formosa Oil announced that at its 115th First Extraordinary General Meeting on April 16, 115, four directors (including three independent directors) were dismissed, and Zhang Jing-xiang was elected as a new independent director. This significant change affects five out of the nine board members.
- Citation
- Formosa Oil: Announcement of Dismissal of 4 Directors (including Independent Directors) and Election of 1 Independent Director at the 115th First Extraordinary General Meeting (April 16, 2026), 臺灣證券交易所 TWSE
- Source
- 臺灣證券交易所 TWSE
- Date
- April 16, 2026
Formosa Oil announced that at its 115th First Extraordinary General Meeting on April 16, 115, four directors (including three independent directors) were dismissed, and Zhang Jing-xiang was elected as a new independent director. This significant change affects five out of the nine board members.
📋 Article Processing Timeline
- 📰 Published: April 16, 2026 at 09:00
- 🔍 Collected: April 17, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 19, 2026 at 06:32 (46h 32m after Collected)
1. Date of change: 115/04/16
2. Type of personnel elected or changed (please enter Corporate Director, Corporate Supervisor, Independent Director, Natural Person Director, or Natural Person Supervisor): Corporate Director, Independent Director, Natural Person Director
3. Former personnel's title and name:
Corporate Director: Hsing Tai Industrial Co., Ltd.
Director: WU, CHING-TEH
Independent Directors:
HSIU, CHI-LING
SHIH, PO-YUAN
4. Brief profile of former personnel:
Hsing Tai Industrial Co., Ltd.: Not applicable
WU, CHING-TEH: Chairman of Maosheng Agricultural Economics Co., Ltd.
Independent Directors:
HSIU, CHI-LING: Special Assistant to the General Manager's Office, Chi Mei Vehicle Electric Co., Ltd.
SHIH, PO-YUAN: Head of Strategic Investment Department, Dai Jiang Bio-Medical Co., Ltd.
5. Newly appointed personnel's title and name: ZHANG, JING-XIANG
6. Brief profile of newly appointed personnel: Accountant at Kaibo United Accounting Firm
7. Circumstances of change (please enter "Resignation", "Dismissal", "Term Expiration", "Death", or "New Appointment"): Dismissal
8. Reason for change: By-election
9. Number of shares held by the newly appointed person at the time of election: 0 shares
10. Original term of office (e.g., xx/xx/xx ~ xx/xx/xx): 113/11/22~116/11/21
11. Effective date of new appointment: 115/04/16
12. Proportion of directors changed within the same term: 5/9
13. Proportion of independent directors changed within the same term: 3/3
14. Proportion of supervisors changed within the same term: Not applicable
15. Whether one-third or more of the directors have changed (please enter Yes or No): Yes
16. Other matters to be noted (if the subject of the event or resolution is a publicly offered company or above, this major event announcement also meets the criteria of Article 7, Paragraph 6 of the Securities Transaction Act Enforcement Rules regarding matters that have a significant impact on shareholder rights or securities prices): None
2. Type of personnel elected or changed (please enter Corporate Director, Corporate Supervisor, Independent Director, Natural Person Director, or Natural Person Supervisor): Corporate Director, Independent Director, Natural Person Director
3. Former personnel's title and name:
Corporate Director: Hsing Tai Industrial Co., Ltd.
Director: WU, CHING-TEH
Independent Directors:
HSIU, CHI-LING
SHIH, PO-YUAN
4. Brief profile of former personnel:
Hsing Tai Industrial Co., Ltd.: Not applicable
WU, CHING-TEH: Chairman of Maosheng Agricultural Economics Co., Ltd.
Independent Directors:
HSIU, CHI-LING: Special Assistant to the General Manager's Office, Chi Mei Vehicle Electric Co., Ltd.
SHIH, PO-YUAN: Head of Strategic Investment Department, Dai Jiang Bio-Medical Co., Ltd.
5. Newly appointed personnel's title and name: ZHANG, JING-XIANG
6. Brief profile of newly appointed personnel: Accountant at Kaibo United Accounting Firm
7. Circumstances of change (please enter "Resignation", "Dismissal", "Term Expiration", "Death", or "New Appointment"): Dismissal
8. Reason for change: By-election
9. Number of shares held by the newly appointed person at the time of election: 0 shares
10. Original term of office (e.g., xx/xx/xx ~ xx/xx/xx): 113/11/22~116/11/21
11. Effective date of new appointment: 115/04/16
12. Proportion of directors changed within the same term: 5/9
13. Proportion of independent directors changed within the same term: 3/3
14. Proportion of supervisors changed within the same term: Not applicable
15. Whether one-third or more of the directors have changed (please enter Yes or No): Yes
16. Other matters to be noted (if the subject of the event or resolution is a publicly offered company or above, this major event announcement also meets the criteria of Article 7, Paragraph 6 of the Securities Transaction Act Enforcement Rules regarding matters that have a significant impact on shareholder rights or securities prices): None
FAQ
Who is the newly appointed person and what is their professional background?
The newly appointed person is ZHANG, JING-XIANG, who is an accountant at Kaibo United Accounting Firm.
What was the date of the change and the effective date of the new appointment?
The date of the change and the effective date of the new appointment is 115/04/16.
How many shares did the newly appointed person hold at the time of the election?
The newly appointed person, ZHANG, JING-XIANG, held 0 shares at the time of the election.
What are the names of the former independent directors and their brief profiles?
The former independent directors are HSIU, CHI-LING (Special Assistant at Chi Mei Vehicle Electric Co., Ltd.) and SHIH, PO-YUAN (Head of Strategic Investment Department at Dai Jiang Bio-Medical Co., Ltd.).
Did one-third or more of the directors change, and what was the proportion of directors changed within the same term?
Yes, one-third or more of the directors have changed, with the proportion of directors changed within the same term being 5/9.