[ITEQ] Announcement of Shareholder Resolution to Lift Non-Compete Restrictions for Directors
ITEQ announced on May 27, 2026, that shareholders approved lifting non-compete restrictions for Chairman Chen Chin-tsai and Director Chan Hui-fen to allow them to serve as corporate representatives in biotech firms.
📋 Article Processing Timeline
- 📰 Published: May 27, 2026 at 09:00
- 🔍 Collected: May 28, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 19:05 (83h 5m after Collected)
1. Date of resolution: 2026/05/27
2. Directors granted permission: Chairman Chen Chin-tsai, Director Chan Hui-fen
3. Permitted activities:
(1) Chen: Corporate representative for Hualian Biotech, Hualian Gene, and Jianzhong Cell Biomedical
(2) Chan: Corporate representative for Lewei Ke
4. Duration: During their tenure as ITEQ directors
5. Resolution status: Approved by over two-thirds of voting rights present
6. Mainland China business: Not applicable
7. Financial impact: No material impact
8. Investment: None
9. Other: None.
2. Directors granted permission: Chairman Chen Chin-tsai, Director Chan Hui-fen
3. Permitted activities:
(1) Chen: Corporate representative for Hualian Biotech, Hualian Gene, and Jianzhong Cell Biomedical
(2) Chan: Corporate representative for Lewei Ke
4. Duration: During their tenure as ITEQ directors
5. Resolution status: Approved by over two-thirds of voting rights present
6. Mainland China business: Not applicable
7. Financial impact: No material impact
8. Investment: None
9. Other: None.
FAQ
Can ITEQ directors work for other companies?
Yes, the shareholders approved lifting non-compete restrictions for specific biotech roles.