[Feng Hsin] Announcement of Shareholder Resolution to Waive Non-Compete Restrictions for Directors
Feng Hsin announced that the shareholders' meeting on May 27, 2026, approved the waiver of non-compete restrictions for Director Lin Chi-Jui, allowing him to engage in competing businesses until his term ends.
📋 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 19:01 (83h 1m after Collected)
1. Date of shareholders' meeting resolution: 2026/05/27
2. Name and title of the director permitted to engage in competitive behavior: Lin Chi-Jui (Director of the Company)
3. Items of competitive behavior permitted: Business items within the same scope as the Company.
4. Period of permitted competitive behavior: Until the end of the term.
5. Resolution status: Approved as proposed by the shareholders' meeting.
6. If the permitted competitive behavior involves business in Mainland China, name and title: Not applicable.
7. Name and position in the Mainland China entity: Not applicable.
8. Address of the Mainland China entity: Not applicable.
9. Business items of the Mainland China entity: Not applicable.
10. Impact on the Company's financial and business operations: Not applicable.
11. Investment amount and shareholding ratio in the Mainland China entity: Not applicable.
12. Other matters: None.
2. Name and title of the director permitted to engage in competitive behavior: Lin Chi-Jui (Director of the Company)
3. Items of competitive behavior permitted: Business items within the same scope as the Company.
4. Period of permitted competitive behavior: Until the end of the term.
5. Resolution status: Approved as proposed by the shareholders' meeting.
6. If the permitted competitive behavior involves business in Mainland China, name and title: Not applicable.
7. Name and position in the Mainland China entity: Not applicable.
8. Address of the Mainland China entity: Not applicable.
9. Business items of the Mainland China entity: Not applicable.
10. Impact on the Company's financial and business operations: Not applicable.
11. Investment amount and shareholding ratio in the Mainland China entity: Not applicable.
12. Other matters: None.
FAQ
What is a non-compete waiver?
It is a formal approval by shareholders allowing a director to engage in business activities that compete with the company.