Formosa Plastics Corporation Announces New Audit Committee Members
AI Summary (NQ-processed)
Formosa Plastics Corporation announces the reappointment of Lin Sheng-Chung, Kuo Nien-Hsiung, and Kuo Chia-Chi as members of the Audit Committee following the expiration of their previous term. The new term commenced on June 26, 2026.
AI Analysis
Frequently Asked Questions
Q: What is the Audit Committee at Formosa Plastics?
A: The Audit Committee oversees financial reporting and internal controls, composed entirely of independent directors to ensure governance integrity.
Q: Why were the members reappointed?
A: Their previous term (2023/06/16–2026/06/15) expired, and reappointment followed standard corporate governance procedures.
Q: What is Lin Sheng-Chung's background?
A: Mr. Lin is an independent director at the company and also serves on boards of Taiwan Glass Industrial and Century Steel Construction.