CHICONY announced that at its 115th Annual General Meeting of Shareholders, it approved the profit distribution proposal for the 114th fiscal year and conducted the election of directors and supervisors. Additionally, a resolution was passed to lift the non-competition restrictions for new directors and their representatives.
1. Date of Annual General Meeting of Shareholders: 115/06/11
2. Important Resolutions:
I. Profit Distribution or Loss Compensation: Approved the profit distribution proposal for the 114th fiscal year.
II. Amendment of Articles of Incorporation: None.
III. Business Report and Financial Statements: Approved the business report and financial statements for the 114th fiscal year.
IV. Election of Directors and Supervisors: Election of directors.
V. Other Matters:
(1) Approved the proposal to lift the non-competition restrictions for new directors and their representatives.
3. Other Matters to be Noted: None.
FACT BOX
- Source: PR Times
- Category: Corporate Governance
- Dates in source: 115/06/11
FAQ
What was the date of CHICONY's Annual General Meeting of Shareholders?
CHICONY's 115th Annual General Meeting of Shareholders was held on June 11, 115.
What were the key resolutions passed at this shareholder meeting?
The meeting approved the profit distribution proposal for the 114th fiscal year, the business report and financial statements for the 114th fiscal year, elected new directors, and approved the lifting of non-competition restrictions for new directors and their representatives.
Were the company's Articles of Incorporation amended?
No, the Articles of Incorporation were not amended at this shareholder meeting.
Was a loss compensation proposal approved?
The meeting approved the profit distribution proposal for the 114th fiscal year, which falls under profit distribution.
Did the shareholder meeting involve the election of directors?
Yes, the meeting included the election of directors, and the director election proposal was approved.