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    2910   TW0002910007

TONLIN DEPARTMENT STORE CO.,LTD.

(2910)
  Report
End-of-day quote Taiwan Stock Exchange  -  2022-08-11
31.45 TWD   +3.80%
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06/14TONLIN DEPARTMENT STORE : Announcement on behalf of the major subsidiary Dehong Development Company approved the lifting of the non-compete restriction on managerial officer.
PU
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Tonlin Department Store : Announcement that the board of directors of the company has approved the lifting of the non-compete restriction on managerial officer.

06/14/2022 | 03:53am EDT
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Today's Information

Provided by: TONLIN DEPARTMENT STORE CO.,LTD.
SEQ_NO 2 Date of announcement 2022/06/14 Time of announcement 15:38:26
Subject
 Announcement that the board of directors of the
company has approved the lifting of the non-compete
restriction on managerial officer.
Date of events 2022/06/14 To which item it meets paragraph 21
Statement
1.Date of the board of directors resolution: 2022/06/14
2.Name and title of the managerial officer with permission to engage in
  competitive conduct: Stephen Chen, vice president.
3.Items of competitive conduct in which the officer is permitted to engage:
  Under the condition of not damaging the interest of the company, release
  of the non-competition restriction on the officer who serves the same
  business area as the company.
4.Period of permission to engage in the competitive conduct:
  During the term of the officer.
5.Circumstances of the resolution (please describe the results of voting in
accordance with Article 32 of the Company Act):
  Approved by all attending Directors without objection.
6.If the permitted competitive conduct belongs to the operator of a mainland
China area enterprise, the name and title of the managerial officer
(if it is not the operator of a mainland China area enterprise, please enter
"N/A" below): N/A
7.Company name of the mainland China area enterprise and the officer'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 managerial officer has invested in the mainland China area
enterprise, the monetary amount of the investment and the officer's
shareholding ratio: N/A
12.Any other matters that need to be specified: None

Disclaimer

Tonlin Department Store Co. Ltd. published this content on 14 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 June 2022 07:52:05 UTC.


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Financials
Sales 2021 529 M 17,6 M 17,6 M
Net income 2021 141 M 4,69 M 4,69 M
Net Debt 2021 2 600 M 86,7 M 86,7 M
P/E ratio 2021 50,0x
Yield 2021 1,25%
Capitalization 5 552 M 185 M 185 M
EV / Sales 2020 21,7x
EV / Sales 2021 18,2x
Nbr of Employees 200
Free-Float 7,68%
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Managers and Directors
Hua Li Weng General Manager & Director
Ju Yi Weng Chief Financial Officer & Director
Chien Yi Su Chairman
Sheng Hua Chan Independent Director
Yu Ting Lu Independent Director
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