[Waffer] Announcement on the resolution of the 115th Annual General Meeting regarding the waiver of non-compete restrictions for directors
Waffer Technology held its Annual General Meeting on May 22, 115, and resolved to waive non-compete restrictions for director Han Cheng-bin, allowing him to serve in companies with similar business scopes.
📋 Article Processing Timeline
- 📰 Published: May 22, 2026 at 09:00
- 🔍 Collected: May 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 25, 2026 at 07:14 (47h 14m after Collected)
1. Date of shareholders' meeting resolution: 115/05/22
2. Name and title of the director permitted to engage in competitive activities:
Director: Han Cheng-bin
3. Items permitted for competitive activities: Companies with the same or similar business scope as the company.
4. Period of permitted competitive activities: During the term of office as a director of the company.
5. Status of the resolution (explanation of the voting results according to Article 209 of the Company Act):
Passed as proposed after voting.
6. Name and title of the director if the permitted competitive behavior involves operations in Mainland China (if not involved, please enter "not applicable"): Not applicable.
7. Name and title of the company held in Mainland China: Not applicable.
8. Address of the Mainland China company: Not applicable.
9. Business items of the Mainland China company: Not applicable.
10. Extent of impact on the company's finance and operations: None.
11. Investment amount and shareholding ratio if the director invests in the Mainland China business: Not applicable.
12. Other matters to be specified: None.
2. Name and title of the director permitted to engage in competitive activities:
Director: Han Cheng-bin
3. Items permitted for competitive activities: Companies with the same or similar business scope as the company.
4. Period of permitted competitive activities: During the term of office as a director of the company.
5. Status of the resolution (explanation of the voting results according to Article 209 of the Company Act):
Passed as proposed after voting.
6. Name and title of the director if the permitted competitive behavior involves operations in Mainland China (if not involved, please enter "not applicable"): Not applicable.
7. Name and title of the company held in Mainland China: Not applicable.
8. Address of the Mainland China company: Not applicable.
9. Business items of the Mainland China company: Not applicable.
10. Extent of impact on the company's finance and operations: None.
11. Investment amount and shareholding ratio if the director invests in the Mainland China business: Not applicable.
12. Other matters to be specified: None.
FAQ
What is the non-compete waiver at Waffer Technology?
It is a shareholder meeting resolution permitting director Han Cheng-bin to hold positions in similar companies.
Why is this resolution necessary?
Under Article 209 of the Company Act, directors must obtain shareholder approval before engaging in activities that may compete with the company.
Does this impact Waffer's operations?
The company stated that there is no impact on its financial or operational activities.