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Golden Development: Announces Board Resolution by Subsidiary Global Mall Co., Ltd. to Lift Manager's Non-Compete Restriction

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Golden Development announced that its board has approved lifting the non-compete restriction for Mr. He Zong-xue, the accounting manager at its subsidiary, Global Mall. This allows him to engage in competitive activities while serving as manager.

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Frequently Asked Questions

Q: What is the main content of Kuenteh's announcement?
A: The non-compete restriction for Vice President He Zongxue, the financial officer of subsidiary Global Shopping Center, has been lifted.
Q: When did this restriction removal become effective?
A: It became effective from the period when Vice President He Zongxue served as the financial officer of the company.
Q: How was this decision made?
A: It was approved by unanimous consent of all attending directors.