[Wan Hai] Shareholder Resolution on Lifting Non-Compete Restrictions for Directors
Wan Hai Lines announced that the annual general meeting held on May 28, 115, approved the lifting of non-compete restrictions for new directors Chen Po-ting, Chen Li, and Chen Chih-chao.
📋 Article Processing Timeline
- 📰 Published: May 28, 2026 at 09:00
- 🔍 Collected: May 29, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 18:40 (58h 40m after Collected)
1. Resolution date: 115/05/28. 2. Directors: Chen Po-ting, Chen Li, Chen Chih-chao. 3. Scope: Includes roles at Wan Hai (UAE) and Wan Hang Travel (Shanghai). 4. Legal basis: Article 209 of the Company Act. 5. Mainland business: Wan Hang Travel (Shanghai) covers medical device sales, logistics, and advertising. 6. Impact: No material impact on financial or business operations.
FAQ
What is a non-compete clause?
A provision preventing directors from engaging in competing businesses.