1104 Universal Cement
Universal Cement approved the non-compete restriction waiver for its directors at the annual general meeting.
📋 Article Processing Timeline
- 📰 Published: May 27, 2026 at 06:31
- 🔍 Collected: May 27, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 19:28 (108h 57m after Collected)
On May 26, 115 (2026), Universal Cement (1104) held its annual general meeting and passed the proposal to waive non-compete restrictions for its directors. The directors granted this permission are Hou Po-yi, Hou Chih-sheng, and Hou Chih-yuan. The scope of the permission allows them to serve as directors or chairmen of the company's invested subsidiaries. This authorization is valid for the duration of the 25th Board of Directors' term. The resolution was passed unanimously in accordance with Article 209 of the Company Act. There are no involvements regarding business operations in mainland China.
FAQ
What is non-compete restriction?
A regulation preventing directors from engaging in businesses that compete with the company.