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[APAQ] Shareholders' Meeting Approves Waiver of Non-Compete Obligations for New Directors

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AI Summary (NQ-processed)

APAQ announced that the 2026 shareholders' meeting approved the waiver of non-compete obligations for seven new directors. The waiver covers concurrent positions held by directors such as Hsieh Ming-yen and Wu Yung-tsai in mainland China, with no material impact on the company's operations.

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Frequently Asked Questions

Q: How is non-compete handled under Taiwan's Company Act?
A: Under Article 209, directors may engage in competitive activities if approved by the shareholders' meeting.