[KMC] 115 Annual General Meeting Approves Waiver of Non-Compete Restrictions for New Directors
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AI Summary (NQ-processed)
KMC International announced that the 115 Annual General Meeting held on May 29, 115, approved the waiver of non-compete restrictions for its directors. This allows directors to engage in similar businesses, including roles in mainland China, provided it does not harm the company's interests.
AI Analysis
Frequently Asked Questions
- Q: Why is the non-compete waiver necessary?
- A: To legalize concurrent roles within group companies.