What is the role of the Audit Committee?

It supervises the business execution of directors and monitors the company's accounting and compliance status.

Why is re-election of directors necessary?

Setting terms prevents the concentration of power and ensures the incorporation of the latest expertise.

What is the role of an independent director?

They provide oversight and recommendations from a position independent of management to protect the interests of general shareholders.

AI News NQ Analysis

[New Palace] Announcement regarding the re-election of Audit Committee members due to expiration of term

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AI Summary (NQ-processed)

New Palace International (5940) held a board meeting on May 22, 2026, to conduct the re-election of Audit Committee members upon the expiration of their term. Liu Pei-yi was newly appointed as an independent director, while Rong Chi-yeh and Wu Ju were re-elected.

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Frequently Asked Questions

Q: What is the role of the Audit Committee?: A: It supervises the business execution of directors and monitors the company's accounting and compliance status.
Q: Why is re-election of directors necessary?: A: Setting terms prevents the concentration of power and ensures the incorporation of the latest expertise.
Q: What is the role of an independent director?: A: They provide oversight and recommendations from a position independent of management to protect the interests of general shareholders.