Announcement of 2022 annual shareholders meeting passes removal of the non-compete clause for directors
· Issued by Sanyang Motor Co., Ltd.
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Today's Information
Provided by: SANYANG MOTOR CO., LTD.
SEQ_NO
2
Date of announcement
2022/06/23
Time of announcement
16:21:48
Subject
Announcement of 2022 annual shareholders meeting
passes removal of the non-compete clause for directors
Date of events
2022/06/23
To which item it meets
paragraph 21
Statement
1.Date of the shareholders meeting resolution:2022/06/23
2.Name and title of the director with permission to engage in competitive
conduct:
(1) Director: Ching-Yuan Wu
(2) Director: Chien-Jin Investment Co., Ltd. representative: Li-Chu Wu
(3) Director: Chao-Yao Investment Co., Ltd. representative: Yu-Chang Huang
(4) Director: Chao-Yao Investment Co., Ltd. representative: Ren-Hao Tien
(5) Independent Director: Chih-Hung Hsieh
3.Items of competitive conduct in which the director is permitted to engage:
(1) Director: Ching-Yuan Wu
Director and Chairman of Taiwan Tea Corp.
(2) Director: Chien-Jin Investment Co., Ltd. representative: Li-Chu Wu
Director and Chairman of Nanyang Insurance Agency Co., Ltd.
(3) Director: Chao-Yao Investment Co., Ltd. representative: Yu-Chang Huang
Director of Taiwan Tea Corp.
(4) Director: Chao-Yao Investment Co., Ltd. representative: Ren-Hao Tien
Director and Chairman of Three Brothers Machinery Industrial Co., Ltd.
(5) Independent Director: Chih-Hung Hsieh
Independent Director of Grand Pacific Petrochemical Corporation
4.Period of permission to engage in the competitive conduct:
For the duration of being employed as a director of the Company.
5.Circumstances of the resolution (please describe the results of voting in
accordance with Article 209 of the Company Act):
The proposal has been passed by a majority vote of the shareholders present
in a meeting attended by shareholders representing two thirds or more of the
shares outstanding.
6.If the permitted competitive conduct belongs to the operator of a mainland
China area enterprise, the name and title of the directors
(if it is not the operator of a Mainland-area enterprise, please enter
"N/A" below):N/A
7.Company name of the mainland China area enterprise and the director's
position in the enterprise:N/A
8.Address of the mainland China area enterprise:N/A
9.Operations of the mainland China area enterprise:N/A
10.Impact on the company's finance and business:None
11.If the directors have invested in the mainland China area enterprise,
the monetary amount of the investment and their shareholding ratio:None
12.Any other matters that need to be specified:None
