[TXC] Shareholders' Meeting Approved Lifting of Non-Compete Restrictions for Directors
NQ Score
46/100
N1 Content Completeness
10
AI Summary (NQ-processed)
TXC Corporation held its annual general meeting on May 27, 2026, and approved the lifting of non-compete restrictions for independent directors Yen Hsing-fu and Chen Ming-yi.
AI Analysis
Frequently Asked Questions
- Q: What is the non-compete rule in Taiwan?
- A: Under Article 209 of the Company Act, directors must obtain shareholder approval to engage in business activities that compete with the company.