2524 King City: Announcement of Newly Appointed Directors and Independent Directors
AI Summary (NQ-processed)
King City (2524) announces the results of its board and independent director elections, with most corporate directors re-elected and two new independent directors appointed due to the expiration of the previous term.
AI Analysis
Frequently Asked Questions
Q: Who are the newly appointed independent directors of King City?
A: Yu I-Chen (Deputy GM of Kaohsiung Bank) and Chung Jung-Ho (Chairman of Juren Construction).
Q: Why did the board changes occur?
A: Due to term expiration, a full re-election was held at the annual shareholders' meeting.
Q: How many shares does Tianlai Investment hold in King City?
A: Tianlai Investment holds 49,652,072 shares, making it the major corporate shareholder.
Q: What is Tsai Tien-Tsan's position and affiliated company?
A: He is a director representing Tianlai Investment and also Chairman of King City Construction.
Q: What is the turnover rate of independent directors?
A: The turnover rate for independent directors during the same term is 50%.