1.Date of occurrence of the event:2022/02/22
2.Counterparty to the contract or commitment:
A company registered in Taiwan.
(signed a confidentiality & non-disclosure agreement)
3.Relationship with the Company:Owner
4.Starting and ending dates (or rescission date) of the
contract or commitment:
"Renewable energy fuel feed and access system engineering for TCE Project"
From the contract date to 2024/12
5.Major content (not applicable where rescinded):
The Company have signed engineering contract "Renewable energy fuel
feed and access system engineering for TCE Project" with the owner,
Participate in waste to energy engineering.
The total amount of the contract price is NTD 873,986,240.
6.Restrictive covenants (not applicable where rescinded):
According to the contract and confidentiality agreement.
7.Commitment (not applicable where rescinded):
According to the contract and confidentiality agreement.
8.Any other important agreement (not applicable where rescinded):
According to the contract and confidentiality agreement.
9.Effect on company finances and business:The contract will have positive
impact on financial performance of the Company in future.
10.Concrete purpose/objective:
Participate in TCE waste to energy project.
11.Any other matters that need to be specified:None.
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ATE Energy International Co. Ltd. published this content on 22 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 February 2022 10:30:08 UTC.
ATE ENERGY INTERNATIONAL CO. LTD. is a Taiwan-based company principally engaged in the energy engineering related businesses. The Companyâs principal businesses include the provision of technical services related to construction projects, such as the provision of feasibility studies and overall planning services, the project management, engineering design, engineering procurement, equipment manufacturing, engineering construction, factory testing, maintenance, as well as quality assurance services. The Company is also engaged in the manufacturing and sales of storage equipment. The Company mainly operates its businesses in the Philippines.