4994 X-Legend: Announcement on Waiver of Non-Compete Obligations for Directors
X-Legend (4994) announced that the shareholders' meeting held on May 22, 115, approved the waiver of non-compete restrictions for Director Chang Feng-chi and Independent Director Pan Chien-wei.
📋 Article Processing Timeline
- 📰 Published: May 23, 2026 at 06:31
- 🔍 Collected: May 23, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 21:04 (206h 32m after Collected)
1. Date of shareholders' resolution: 115/05/22. 2. Names and titles of directors permitted to engage in competitive behavior: Chang Feng-chi (Director), Pan Chien-wei (Independent Director). 3. Items of permitted competitive behavior: Investing in or serving as a director for other companies with the same or similar business scope. 4. Duration: During their tenure as directors of the company. 5. Resolution status: Approved by more than half of the voting rights of shareholders present, with more than two-thirds of total issued shares represented. 6. Involvement in Mainland China business: Not applicable.
FAQ
What is a non-compete waiver?
It allows directors to engage in similar businesses to avoid conflict of interest restrictions.