ChipMOS (NASDAQ: IMOS) 2026 AGM backs 2025 reports and director non-compete waivers
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
ChipMOS TECHNOLOGIES INC. reported the results of its 2026 annual shareholders’ meeting held on May 26, 2026. Shareholders ratified the fiscal year 2025 earnings distribution plan and approved the 2025 business report along with the consolidated and non-consolidated financial statements.
The meeting also approved a cash distribution to shareholders from capital surplus. In addition, shareholders released one director and two independent directors from non-compete restrictions under Article 209 of the Company Act, allowing them to hold roles in other companies after this approval by a majority of voting shares representing at least two-thirds of the Company’s voting shares.
Positive
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Negative
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Key Figures
Meeting date: May 26, 2026
Fiscal year covered: 2025
Number of resolutions: 4
+2 more
5 metrics
Meeting date
May 26, 2026
Date of 2026 annual shareholders’ meeting
Fiscal year covered
2025
Earnings distribution plan and financial statements ratified
Number of resolutions
4
Matters resolved at the 2026 annual shareholders’ meeting
Voting threshold
Two-thirds of voting shares
Attendance requirement for approving non-compete waivers
Directors with waivers
3 directors
One director and two independent directors released from non-compete restrictions
Key Terms
annual shareholders’ meeting, capital surplus, Article 209 of the Company Act, independent director, +1 more
5 terms
capital surplus financial
"Approved cash distribution to shareholders from capital surplus"
Capital surplus is the portion of a company’s equity that comes from money investors paid above the stock’s stated minimum price or from certain non-operating transactions; it sits on the balance sheet separate from earned profits. Investors watch it because it shows how much extra funding a company has raised beyond basic share value—like tips above a ticket price—and can provide a financial cushion for growth or restructuring, though it is not the same as cash available for routine dividends.
Article 209 of the Company Act regulatory
"pursuant to Article 209 of the Company Act"
independent director financial
"The 2026 AGM resolved that the non-compete restriction on one director and two independent directors"
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
Market Observation Post System regulatory
"made a public announcement on the Market Observation Post System in Taiwan"
FAQ
What 2025 financial items were ratified at the ChipMOS (IMOS) 2026 AGM?
Shareholders ratified the fiscal year 2025 earnings distribution plan and approved the 2025 business report. They also ratified both consolidated and non-consolidated financial statements for 2025, confirming prior board proposals presented in the 2026 Annual Shareholders’ Meeting Handbook.
Which ChipMOS (IMOS) directors received non-compete waivers in 2026?
One director, Kun-Yi Chien, and two independent directors, Jyh-Chau Wang and Hong-Tzer Yang, received non-compete waivers. The approval allows them to engage in specified roles at other companies, in line with Article 209 of the Company Act.
How were the ChipMOS (IMOS) non-compete waivers approved under Article 209?
The non-compete waivers were approved by a majority of voting shares at the shareholders’ meeting, which was attended by shareholders representing at least two-thirds of the company’s voting shares, satisfying Article 209 requirements of the Company Act.