GIGABYTE Approves Waiver of Non-Compete Obligations for Directors of Subsidiary Giga Computing
GIGABYTE has approved the waiver of non-compete obligations for five directors of its subsidiary, Giga Computing, during a shareholders' meeting. The company stated that this decision has no financial impact.
📋 Article Processing Timeline
- 📰 Published: May 21, 2026 at 06:31
- 🔍 Collected: May 21, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 21, 2026 at 06:49 (17 min after Collected)
Announcement Date: May 20, 2025
Company: GIGABYTE
Subject: Announcement regarding the resolution of the shareholders' meeting on the waiver of non-compete restrictions for directors of the important subsidiary, Giga Computing Co., Ltd.
Fact Occurrence Date: May 20, 2025
1. Shareholders' Meeting Resolution Date: May 20, 2025
2. Names and titles of directors permitted to engage in competitive behavior:
Representative of GIGABYTE, Yeh Pei-cheng
Representative of GIGABYTE, Li Yi-tai
Representative of GIGABYTE, Ma Meng-ming
Representative of GIGABYTE, Tseng Chun-ming
Representative of GIGABYTE, Yang Hsueh-ching
3. Permitted competitive activities: Investment or management of businesses with the same scope of operations as the company.
4. Duration of permission: During the tenure as a director of the company.
5. Resolution result: Passed by vote in accordance with Article 209 of the Company Act.
10. Impact on financial and operational performance: None.
Company: GIGABYTE
Subject: Announcement regarding the resolution of the shareholders' meeting on the waiver of non-compete restrictions for directors of the important subsidiary, Giga Computing Co., Ltd.
Fact Occurrence Date: May 20, 2025
1. Shareholders' Meeting Resolution Date: May 20, 2025
2. Names and titles of directors permitted to engage in competitive behavior:
Representative of GIGABYTE, Yeh Pei-cheng
Representative of GIGABYTE, Li Yi-tai
Representative of GIGABYTE, Ma Meng-ming
Representative of GIGABYTE, Tseng Chun-ming
Representative of GIGABYTE, Yang Hsueh-ching
3. Permitted competitive activities: Investment or management of businesses with the same scope of operations as the company.
4. Duration of permission: During the tenure as a director of the company.
5. Resolution result: Passed by vote in accordance with Article 209 of the Company Act.
10. Impact on financial and operational performance: None.
FAQ
What was decided at the GIGABYTE shareholders' meeting?
The shareholders approved the waiver of non-compete obligations for 5 directors of its subsidiary, Giga Computing.
Are there any negative financial impacts from this decision?
According to the announcement, there is no impact on the company's financial operations.
Who are the directors affected?
Five directors, including Yeh Pei-cheng, were approved for the waiver.