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Kolin Corp Announces Shareholders' Meeting Resolution to Lift Non-Compete Restrictions on Directors

AI Summary (NQ-processed)

Kolin Corp has resolved at its 115th annual shareholders' meeting to lift non-compete restrictions for certain directors, permitting them to engage in business activities within the company's operational scope during their term of office.

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Frequently Asked Questions

Q: Where is Kolin Corp headquartered?
A: The headquarters location is not disclosed, but it is a Taiwan-based industrial sewing machine manufacturer.
Q: What is the address of Ningbo Gaoyin Machinery?
A: No. 16, Longtan Mountain Road, Beilun District, Ningbo, Zhejiang Province, China.
Q: When does this resolution take effect?
A: It was passed at the 115th annual shareholders meeting on June 26 and is effective immediately.