When was the board resolution to lift the manager's non-compete restriction passed?

The board resolution was passed on April 7, 2026, by the subsidiary Global Mall Co., Ltd.

Who is the manager permitted to engage in the non-compete business?

The manager permitted to engage in the non-compete business is He Zong-xue, Assistant Vice President.

What is the scope of the permitted non-compete business for the manager?

The manager is permitted to act as the Assistant Vice President at Golden Development Construction Co., Ltd.

What is the permitted period for the manager to engage in this non-compete business?

The permitted period for the non-compete business is during the tenure of the manager at this company.

What impact will this resolution have on the company's financial and business operations?

There is no impact on the company's financial and business operations according to the announcement.

AI News NQ Analysis

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

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AI Summary (NQ-processed)

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.

AI Analysis

Frequently Asked Questions

Q: When was the board resolution to lift the manager's non-compete restriction passed?: A: The board resolution was passed on April 7, 2026, by the subsidiary Global Mall Co., Ltd.
Q: Who is the manager permitted to engage in the non-compete business?: A: The manager permitted to engage in the non-compete business is He Zong-xue, Assistant Vice President.
Q: What is the scope of the permitted non-compete business for the manager?: A: The manager is permitted to act as the Assistant Vice President at Golden Development Construction Co., Ltd.
Q: What is the permitted period for the manager to engage in this non-compete business?: A: The permitted period for the non-compete business is during the tenure of the manager at this company.
Q: What impact will this resolution have on the company's financial and business operations?: A: There is no impact on the company's financial and business operations according to the announcement.