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[Wisilicon] Announcement That a Director's Election Is Invalid Due to Transferring More Than Half of Their Shares During the Transfer Suspension Period

NQ Score 49/100
N1 Content Completeness 10

AI Summary (NQ-processed)

Wisilicon announced that Director Zhang Jia-Xing's election has been invalidated because he transferred more than half of his shareholding during the transfer suspension period prior to the shareholders' meeting.

AI Analysis

Frequently Asked Questions

Q: Why is a director removed for selling shares?
A: Under Taiwan law, selling more than half of one's shares during the transfer suspension period invalidates the election.