1760 Paolyta: Announcement of Lifting Non-Compete Restrictions for Directors
Paolyta announced that the annual general meeting held on May 25, 2026, approved the lifting of non-compete restrictions for its directors.
📋 Article Processing Timeline
- 📰 Published: May 26, 2026 at 06:31
- 🔍 Collected: May 26, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 20:20 (133h 48m after Collected)
1. Date of resolution: 2026/05/25. 2. Directors involved: Chairman Chang Li-chiu, Director Liu Hung-chih, Director Tseng Tien-tsu, Independent Director Chang Yun-peng, Independent Director Li Chung-yen. 3. Scope: Permitted to hold positions in similar businesses. 4. Duration: During their tenure. 5. Voting result: Approved by more than two-thirds of voting rights present. 6. Mainland China business: Not applicable.
FAQ
What is non-compete restriction?
A legal clause preventing directors from engaging in competing businesses.