Taiwan Digital Optical Network (6464) subsidiary, Taiwan Chia Guang Telecom, approves waiver of non-compete obligation for directors
Taiwan Chia Guang Telecom, a key subsidiary of the Taiwan Digital Optical Network group, approved the waiver of non-compete obligations for five directors at its shareholder meeting.
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- 📰 Published: May 21, 2026 at 06:31
- 🔍 Collected: May 21, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 21, 2026 at 07:15 (43 min after Collected)
Announcement Date: May 20, 2026
Company Name: Taiwan Digital Optical Network (6464)
Subject: Announcement regarding the approval of a waiver of the non-compete obligation for directors by our key subsidiary, Taiwan Chia Guang Telecom.
Details:
1. Date of shareholder resolution: May 20, 2026
2. Names of directors granted permission:
- Representative of Taiwan Digital Optical Network: Tsai Chao-Hsun
- Representative of Taiwan Digital Optical Network: Cheng Yung-Hsin
- Representative of Taiwan Digital Optical Network: Wang Ming-Cheng
- Representative of Taiwan Digital Optical Network: Cheng Yi-Chen
- Representative of Taiwan Digital Optical Network: Liao Yueh-Ting
3. Scope of permitted competitive activity: Investing in or managing other companies with the same or similar business scope as the company.
4. Period of permission: During the tenure of the director's position at the company.
5. Resolution result: Approved unanimously by all attending shareholders without objection.
Company Name: Taiwan Digital Optical Network (6464)
Subject: Announcement regarding the approval of a waiver of the non-compete obligation for directors by our key subsidiary, Taiwan Chia Guang Telecom.
Details:
1. Date of shareholder resolution: May 20, 2026
2. Names of directors granted permission:
- Representative of Taiwan Digital Optical Network: Tsai Chao-Hsun
- Representative of Taiwan Digital Optical Network: Cheng Yung-Hsin
- Representative of Taiwan Digital Optical Network: Wang Ming-Cheng
- Representative of Taiwan Digital Optical Network: Cheng Yi-Chen
- Representative of Taiwan Digital Optical Network: Liao Yueh-Ting
3. Scope of permitted competitive activity: Investing in or managing other companies with the same or similar business scope as the company.
4. Period of permission: During the tenure of the director's position at the company.
5. Resolution result: Approved unanimously by all attending shareholders without objection.
FAQ
What does a waiver of the non-compete obligation mean?
It means exempting a director from the obligation that restricts them from investing in or managing companies that compete with their own company.
Who authorized this waiver?
It was approved by the shareholders at the shareholder meeting of Taiwan Chia Guang Telecom.
Which group is Taiwan Chia Guang Telecom part of?
It is a key subsidiary of the Taiwan Digital Optical Network (TBC) group.