News

 The release of non-competition restrictions on
Directors was approved at FENC 2021 Annual General
Shareholders' Meeting

1.Date of the shareholders meeting resolution:2021/07/29 
2.Name and title of the director with permission to engage in competitive conduct:
  Director: Douglas Tong Hsu 
  Director: Johnny Hsi, Representative of Asia Cement Corp. 
  Director: Kwan-Tao Li, Representative of U-Ming Marine Transport Corp. Independent
  Director: Chen-En Ko Independent Director: Johnsee Lee 
3.Items of competitive conduct in which the director is permitted to engage:
  To concurrently act as a Director or 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 a Director of the Company. 
5.Circumstances of the resolution (please describe the results of voting in accordance with Article 209 of the Company Act):
  Upon a majority of the voting rights exercised by the attending shareholders who represent over two-thirds of the outstanding
  shares of the Company, the release of non-competition restrictions on Directors was approved at FENC AGM on 29 July 2021. 
6.If the permitted competitive conduct belongs to the operator of a mainland China area enterprise, the name and title
  of the directors (if it is not the operator of a Mainland-area enterprise, please enter “N/A” below):N/A 
7.Company name of the mainland China area enterprise and the director's position in the enterprise:N/A 
8.Address of the mainland China area enterprise:N/A 
9.Operations of the mainland China area enterprise:N/A 
10.Impact on the company's finance and business:N/A 
11.If the directors have invested in the mainland China area enterprise, the monetary amount of the investment 
   and their shareholding ratio:N/A 
12.Any other matters that need to be specified:NIL