Shanghai Commercial & Savings Bank : Announcement of releasing the prohibition on directors form participation in competitive business by the 2022 Annual Meeting of shareholder's of SCSB
Provided by: THE SHANGHAI COMMERCIAL & SAVINGS BANK, LTD.
SEQ_NO
1
Date of announcement
2022/06/17
Time of announcement
17:23:28
Subject
Announcement of releasing the prohibition on directors
form participation in competitive business
by the 2022 Annual Meeting of shareholder's of SCSB
Date of events
2022/06/17
To which item it meets
paragraph 21
Statement
1.Date of the shareholders meeting resolution:2022/06/17
2.Name and title of the director with permission to engage in competitive
conduct:
Chairman:Stephen Ching-Yen Lee
Managing Director:John Con-Sing Yung
Director:Lincoln Chu-Kuen Yung
Director:George Chao-Chi Gu
3.Items of competitive conduct in which the director is permitted to engage:
To engage in business that are within or similar to the business scope
of the Company
4.Period of permission to engage in the competitive conduct:
Within period of serving as director of the Company
5.Circumstances of the resolution (please describe the results of voting in
accordance with Article 209 of the Company Act):
Proposal was approved after voting
Approval votes:2,629,104,952
Disapproval votes:2,077,168
Invalid votes:0
Abstention votes/no votes:253,635,013
Total votes:2,884,817,133
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:N.A.
11.If the directors have invested in the mainland China area enterprise,
the monetary amount of the investment and their shareholding ratio:N.A.
12.Any other matters that need to be specified:None
Attachments
Original Link
Original Document
Permalink
Disclaimer
Shanghai Commercial & Savings Bank Ltd. published this content on 17 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2022 09:32:06 UTC.
The Shanghai Commercial & Savings Bank, Ltd. is a Taiwan-based private bank. The Bank's businesses are involved in deposit business which handles personal and corporate deposit business; wealth management business which provides wealth management products and consulting services for high-value customers; corporate financial business which handles corporate credit, foreign exchange and international financial business; personal financial business which handles consumer loan and credit card business such as personal housing loan and micro-credit loan; trust business which handles trust business and subsidiary businesses; investment business which handles financial asset investment and equity investment business; digital financial services which provides 24-hour ATM, online banking, mobile banking and telephone customer services. The Bank operates branches in the domestic market, Hong Kong and overseas markets such as Vietnam and Singapore.
Shanghai Commercial & Savings Bank : Announcement of releasing the prohibition on directors form participation in competitive business by the 2022 Annual Meeting of shareholder's of SCSB
THE SHANGHAI COMMERCIAL & SAVINGS BANK, LTD. 
