8114 Posiflex: Subsidiary Portwell Announces Key Resolutions from Annual General Meeting
Portwell, a subsidiary of Posiflex, held its annual general meeting and approved the financial statements, amendment of articles of association, and election of new board members. ASUS's Shih-Chang Hsu has been appointed as a new director.
📋 Article Processing Timeline
- 📰 Published: May 20, 2026 at 06:31
- 🔍 Collected: May 20, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 20, 2026 at 06:51 (19 min after Collected)
Announcement Date: May 19, 2026, 17:21:17
Company Code: 8114
Company Name: Posiflex
Subject: Announcement of important resolutions from the annual general meeting of subsidiary Portwell Technology Inc. for 2026
Key Resolutions:
1. Date of AGM: May 19, 2026
2. Resolution 1 (Earnings Distribution): Approved the 2025 earnings distribution plan.
3. Resolution 2 (Articles Amendment): Approved the 32nd amendment to the company's articles of association.
4. Resolution 3 (Financial Statements): Approved the 2025 business report and financial statements.
5. Resolution 4 (Election of Directors/Supervisors): Elected new members:
New Directors:
- Posiflex Technology Inc. (Corporate Representative): Cheng Chieh-Wen
- Posiflex Technology Inc. (Corporate Representative): Kuo Chien-Cheng
- ASUSTeK Computer Inc. (Corporate Representative): Hsu Shih-Chang
New Supervisor:
- Kuo Yu-Wen
6. Resolution 5 (Other): Approved the lifting of non-compete restrictions for the company's directors.
Company Code: 8114
Company Name: Posiflex
Subject: Announcement of important resolutions from the annual general meeting of subsidiary Portwell Technology Inc. for 2026
Key Resolutions:
1. Date of AGM: May 19, 2026
2. Resolution 1 (Earnings Distribution): Approved the 2025 earnings distribution plan.
3. Resolution 2 (Articles Amendment): Approved the 32nd amendment to the company's articles of association.
4. Resolution 3 (Financial Statements): Approved the 2025 business report and financial statements.
5. Resolution 4 (Election of Directors/Supervisors): Elected new members:
New Directors:
- Posiflex Technology Inc. (Corporate Representative): Cheng Chieh-Wen
- Posiflex Technology Inc. (Corporate Representative): Kuo Chien-Cheng
- ASUSTeK Computer Inc. (Corporate Representative): Hsu Shih-Chang
New Supervisor:
- Kuo Yu-Wen
6. Resolution 5 (Other): Approved the lifting of non-compete restrictions for the company's directors.
FAQ
What happened at the Portwell shareholder meeting?
Fiscal 2025 results were approved and board members were re-elected, including ASUS's Shih-Chang Hsu.
What is the significance of the new structure?
It strengthens collaboration with the parent company and key shareholders, establishing a stable management structure.
What does lifting non-compete restrictions mean?
It allows directors to hold concurrent positions in other companies, increasing operational flexibility.