Who are Kingcheng's newly appointed independent directors?

Yu Yi-chen (Deputy GM of Kaohsiung Bank) and Chung Jung-ho (Chairman of Jurun Construction). Tsai and Chiu were re-elected.

Why did the board change occur?

It was a routine renewal due to term expiration, aimed at maintaining stability and enhancing expertise.

What expertise do the new directors bring?

Yu brings financial sector experience; Chung brings construction leadership, strengthening governance.

What is the board turnover rate?

50% for independent directors, 25% for the full board within the same term.

Will this affect shareholders?

As the change is under one-third, it’s considered routine with minimal impact on stability.

【Kingcheng】Announcement of Newly Appointed Independent Directors

AI Summary (NQ-processed)

Kingcheng announces the appointment of new independent directors effective June 26, 2026. Chai Chung-chang and Chiu Chin-yu were re-elected, while Yu Yi-chen and Chung Jung-ho were newly appointed.

AI Analysis

Frequently Asked Questions

Q: Who are Kingcheng's newly appointed independent directors?: A: Yu Yi-chen (Deputy GM of Kaohsiung Bank) and Chung Jung-ho (Chairman of Jurun Construction). Tsai and Chiu were re-elected.
Q: Why did the board change occur?: A: It was a routine renewal due to term expiration, aimed at maintaining stability and enhancing expertise.
Q: What expertise do the new directors bring?: A: Yu brings financial sector experience; Chung brings construction leadership, strengthening governance.
Q: What is the board turnover rate?: A: 50% for independent directors, 25% for the full board within the same term.
Q: Will this affect shareholders?: A: As the change is under one-third, it’s considered routine with minimal impact on stability.