Why was Formosa Oils' shareholders' meeting adjourned?

The meeting failed to meet the legal quorum of over 50% of issued shares; only 33.56% were represented.

When will the next shareholders' meeting be held?

The date has not been announced, but the company will reconvene in accordance with the law.

It delays resolution approvals, but since a new meeting is planned, the impact is limited.

Formosa Oils Co., Ltd. announces that its 115th Annual General Meeting was adjourned due to insufficient quorum. A new meeting will be scheduled.

Q: Why was Formosa Oils' shareholders' meeting adjourned?: A: The meeting failed to meet the legal quorum of over 50% of issued shares; only 33.56% were represented.
Q: When will the next shareholders' meeting be held?: A: The date has not been announced, but the company will reconvene in accordance with the law.
Q: What does the adjournment mean for investors?: A: It delays resolution approvals, but since a new meeting is planned, the impact is limited.