| Provided by: FETL | |||||
| SEQ_NO | 3 | Date of announcement | 2009/06/26 | Time of announcement | 17:49:15 |
| Subject |
To release the Directors from non-competition restrictions at FETL 2009 Annual General Shareholders's Meeting |
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| Date of events | 2009/06/26 | To which item it meets | article 2 paragraph 21 | ||
| Statement |
1.Date of the shareholders's meeting resolution:2009/06/26 2.Name and title of the director with permission to engage in competitive conduct: Chairman:Douglas Tong Hsu, Director:Johnny Shih, Raymond Hsu, Shaw Y. Wang, Champion Lee, Y.H. Tseng Kwan-Tao Li. 3.Items of competitive conduct in which the director is permitted to engage: To concurretly act as a managerial personnel of another company, or operate any business which is the same as the Company's. 4.Period of permission to engage in the competitive conduct: Within period of serving as director of the Company. 5.Circumstances of the resolution (please describe the results of the voting under Article 209 of the Company Act):Upon solicitation of comments by the Chairman, there was no objection voiced and the resolution was adopted unanimously by the shareholders present. 6.If the permitted competitive conduct is business of a mainland China area enterprise, the name and title of the director (if it is not business of a mainland China area enterprise, please enter ”not applicable” below): Director:Champion Lee 7.Company name of the mainland China area enterprise and the director's position in the enterprise:Far Eastern Industries (Shanghai) Ltd. 8.Address of the mainland China area enterprise: Pu-Tung area, Shanghai, Mainland China 9.Business items of the mainland China area enterprise:Manufacturing and Distribution of PET Chip, PET Staple, PET Filament and etc. 10.Degree of effect on the Company's finances and business: The above company is FETL's subsidiary. 11.If the director has invested in the mainland China area enterprise, the monetary amount of the director's investment and the director's shareholding ratio:NA 12.Any other matters that need to be specified:Nil |
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