[Simple Mart] Announcement of the Resolution to Lift Non-Compete Restrictions for Directors

Key facts

  • [Simple Mart] Announcement of the Resolution to Lift Non-Compete Restrictions for Directors
  • Simple Mart (Mercuries Retail) passed a resolution at its annual general meeting on May 29, 115, to lift non-compete restrictions for directors Chen Hsiang-fen and Lin Tsai-lin, allowing them to serve in similar businesses provided company interests are not harmed.
  • Source: PR Times
  • Date: May 29, 2026

Direct answer

Simple Mart (Mercuries Retail) passed a resolution at its annual general meeting on May 29, 115, to lift non-compete restrictions for directors Chen Hsiang-fen and Lin Tsai-lin, allowing them to serve in similar businesses provided company interests are not harmed.

Citation
[Simple Mart] Announcement of the Resolution to Lift Non-Compete Restrictions for Directors (May 29, 2026), PR Times
Source
PR Times
Date
May 29, 2026
Simple Mart (Mercuries Retail) passed a resolution at its annual general meeting on May 29, 115, to lift non-compete restrictions for directors Chen Hsiang-fen and Lin Tsai-lin, allowing them to serve in similar businesses provided company interests are not harmed.
businessNQ 44/100出典：PR Times

📋 Article Processing Timeline

  • 📰 Published: May 29, 2026 at 09:00
  • 🔍 Collected: May 30, 2026 at 08:00 (23h 0m after Published)
  • 🤖 AI Analyzed: May 31, 2026 at 18:18 (34h 18m after Collected)
1. Date of resolution: 115/05/29. 2. Directors permitted to engage in competitive behavior: Chen Hsiang-fen (Representative of Mercuries Investment Holding) and Independent Director Lin Tsai-lin. 3. Scope of permission: Investing in or operating companies with similar business scopes and serving as directors, provided it does not harm the company's interests. 4. Duration: During their tenure as directors. 5. Resolution status: Approved as proposed with votes exceeding the statutory threshold. 6. Mainland China business: Not applicable.

FAQ

What is a non-compete clause?

A provision restricting directors from engaging in businesses that compete with the company.

What are the key facts in this article?

Simple Mart (Mercuries Retail) passed a resolution at its annual general meeting on May 29, 115, to lift non-compete restrictions for directors Chen Hsiang-fen and Lin Tsai-lin, allowing them to serve in similar businesses provided company interests are not harmed.

What is the direct answer?

Simple Mart (Mercuries Retail) passed a resolution at its annual general meeting on May 29, 115, to lift non-compete restrictions for directors Chen Hsiang-fen and Lin Tsai-lin, allowing them to serve in similar businesses provided company interests are not harmed.

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