Why did Chia Her waive the non-compete clause?

To allow directors to serve in affiliated companies, thereby enhancing the agility and efficiency of group management.

How does this affect Chinese operations?

Directors Chen Sheng and Chen Ying-chang hold positions in Chinese textile businesses, which is now formally authorized.

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Chia Her (1417) Shareholders' Meeting Approves Waiver of Non-Compete Restrictions for Directors

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At the annual shareholders' meeting on May 22, 115, Chia Her approved the waiver of non-compete restrictions for its directors, including representatives from Tai Yuen Textile and Wing Sing Investment, allowing concurrent roles in Chinese operations, provided no company interest is harmed.

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Frequently Asked Questions

Q: Why did Chia Her waive the non-compete clause?: A: To allow directors to serve in affiliated companies, thereby enhancing the agility and efficiency of group management.
Q: Who is affected by this waiver?: A: Seven directors, including representatives from Tai Yuen Textile and Wing Sing Investment, are included.
Q: How does this affect Chinese operations?: A: Directors Chen Sheng and Chen Ying-chang hold positions in Chinese textile businesses, which is now formally authorized.