Kuo Pao Financial: Subsidiary Rakuten International Commercial Bank Announces Important Resolutions from 2026 Shareholders' Meeting
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Kuo Pao Financial announced on April 17, 2026, that its subsidiary Rakuten International Commercial Bank held its shareholders' meeting and passed several key resolutions. These include approving the 2025 business report and financial statements, amending the shareholders' meeting rules, undertaking a capital reduction to cover losses, a private placement for cash increase, and lifting Director Wang Shixi's non-compete restriction.