To release the managers from non-competition restrictions resolved by FENC’s Board of Directors
From:
SEQ_NO
7
Date of announcement
2018/06/29
Time of announcement
17:31:25
Subject
To release the managers from non-competition restrictions resolved by FENC’s Board of Directors
Date of events
2018/06/29
To which item it meets
paragraph 21
Statement
1.Date of the board of directors resolution:2018/06/29
2.Name and title of the managerial officer with permission to engage in competitive conduct:
President: K.S. Wu
President: Y.H. Tseng
President: Eric Hu
President: Humphrey Cheng
Chief Operating Officer: Donald Fan
Chief Financial Officer: David Wang
Senior Vice President: S.Y. Lai
3.Items of competitive conduct in which the officer is permitted to engage:
Concurrently act as a managerial personnel of another company, or operate any business which is the same as that of FENC
4.Period of permission to engage in the competitive conduct:
Within period of serving as managers of the Company
5.Circumstances of the resolution (please describe the results of the voting under Article 32 of the Company Act):
Proposal approved upon voting
6.If the permitted competitive conduct is business of a mainland China area enterprise, the name and
title of the managerial officer (if it is not business of a mainland China area enterprise, please enter ”not applicable” below):
Senior Vice President: S.Y. Lai
7.Company name of the mainland China area enterprise and the officer's position in the enterprise:
President of Martens Beer (Shanghai) Ltd.
President of Sino-Belgium Beer (Suzhou) Ltd.
8.Address of the mainland China area enterprise:
Martens Beer (Shanghai) Ltd.: Suite 2701, 27F, 800, Dongfang Road, Pudong New Area, Shanghai, China
Sino-Belgium Beer (Suzhou) Ltd.: 6, Hengshan Road, New District, Suzhou, China
9.Business items of the mainland China area enterprise:
Martens Beer (Shanghai) Ltd.: Trading of beer and relevant beverages
Sino-Belgium Beer (Suzhou) Ltd.: Development of beer brewing technology
10.Degree of effect on the Company's finances and business:NIL
11.If the managerial officer has invested in the mainland China area enterprise, the monetary amount
of the officer's investment and the officer's shareholding ratio:N.A.
12.Any other matters that need to be specified:NIL