[Merry] Announcement of Shareholder Approval for Lifting Non-Compete Restrictions on an Independent Director
Merry Electronics announced that the shareholders' meeting on May 26, 115, approved the lifting of non-compete restrictions for Independent Director Li Fang-ting.
📋 Article Processing Timeline
- 📰 Published: May 26, 2026 at 09:00
- 🔍 Collected: May 27, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 19:22 (107h 22m after Collected)
1. Date of shareholders' meeting resolution: 115/05/26
2. Name and title of the director permitted to engage in competitive behavior: Independent Director: Li Fang-ting
3. Items of competitive behavior permitted: The director may engage in acts within the scope of the company's business for themselves or others.
4. Period of permission: During the tenure as a director of the Company.
5. Resolution status: Passed with the consent of more than two-thirds of the voting rights of the shareholders present, representing more than half of the total issued shares.
6. Involvement in Mainland China business: Not applicable.
7. Other matters: None.
2. Name and title of the director permitted to engage in competitive behavior: Independent Director: Li Fang-ting
3. Items of competitive behavior permitted: The director may engage in acts within the scope of the company's business for themselves or others.
4. Period of permission: During the tenure as a director of the Company.
5. Resolution status: Passed with the consent of more than two-thirds of the voting rights of the shareholders present, representing more than half of the total issued shares.
6. Involvement in Mainland China business: Not applicable.
7. Other matters: None.
FAQ
What is the lifting of non-compete for an independent director?
It is a shareholder approval allowing an independent director to engage in activities within the company's business scope elsewhere.