[APAQ] Shareholders' Meeting Approves Waiver of Non-Compete Obligations for New Directors
Key facts
- [APAQ] Shareholders' Meeting Approves Waiver of Non-Compete Obligations for New Directors
- APAQ announced that the 2026 shareholders' meeting approved the waiver of non-compete obligations for seven new directors. The waiver covers concurrent positions held by directors such as Hsieh Ming-yen and Wu Yung-tsai in mainland China, with no material impact on the company's operations.
- Source: PR Times
- Date: May 29, 2026
Direct answer
APAQ announced that the 2026 shareholders' meeting approved the waiver of non-compete obligations for seven new directors. The waiver covers concurrent positions held by directors such as Hsieh Ming-yen and Wu Yung-tsai in mainland China, with no material impact on the company's operations.
- Citation
- [APAQ] Shareholders' Meeting Approves Waiver of Non-Compete Obligations for New Directors (May 29, 2026), PR Times
- Source
- PR Times
- Date
- May 29, 2026
APAQ announced that the 2026 shareholders' meeting approved the waiver of non-compete obligations for seven new directors. The waiver covers concurrent positions held by directors such as Hsieh Ming-yen and Wu Yung-tsai in mainland China, with no material impact on the company's operations.
📋 Article Processing Timeline
- 📰 Published: May 29, 2026 at 09:00
- 🔍 Collected: May 30, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 17:31 (33h 30m after Collected)
2. Names and titles of directors permitted to engage in competitive activities: (1) Director Cheng Tun-jen, (2) Director Hua Cheng Venture Capital (Rep: Hsu Hsien-yueh), (3) Director Hsieh Ming-yen, (4) Director Hsiao Hui-chu, (5) Independent Director Liu Chung-ming, (6) Independent Director Wu Yung-tsai, (7) Independent Director Yao Te-chang.
3. Scope: Engaging in business within the company's scope for themselves or others.
4. Duration: During the term of office.
5. Resolution status: Approved by the required quorum.
6. Directors involved in mainland China operations: Hsieh Ming-yen, Wu Yung-tsai.
7. Positions in mainland China: (Details provided for subsidiaries including Qingbang Electronics and Inventec subsidiaries).
8. Locations: Jiangsu, Shenzhen, Shanghai, Beijing.
9. Business scope in mainland China: Manufacturing/sales of electronic components, leasing, and computer products.
10. Financial impact: None.
11. Investment details: None.
12. Other: None.
FAQ
How is non-compete handled under Taiwan's Company Act?
Under Article 209, directors may engage in competitive activities if approved by the shareholders' meeting.
What are the key facts in this article?
APAQ announced that the 2026 shareholders' meeting approved the waiver of non-compete obligations for seven new directors. The waiver covers concurrent positions held by directors such as Hsieh Ming-yen and Wu Yung-tsai in mainland China, with no material impact on the company's operations.
What is the direct answer?
APAQ announced that the 2026 shareholders' meeting approved the waiver of non-compete obligations for seven new directors. The waiver covers concurrent positions held by directors such as Hsieh Ming-yen and Wu Yung-tsai in mainland China, with no material impact on the company's operations.