Chien Ya Tech Co., Ltd announced that it expects to receive CNY 92.83 million in funding from Chien Kuo Construction Co., Ltd.
August 13, 2020
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Chien Ya (ShangHai) Tech Co., Ltd announced that it will receive CNY 92,830,000 in an equity round of funding on August 14, 2020. The transaction will include participation from existing investor Chien Kuo Construction Co., Ltd. (TSEC:5515). The investor will continue to retain its 100% stake in the company. The transaction has been approved by board of directors of the investor and is subject to certain conditions, including approval from Taiwan Investment Commission, MOEA.
CHIEN KUO CONSTRUCTION CO., LTD. is a Taiwan-based company principally engaged in the provision of construction, concrete and engineering services. The Company operates in two segments. Its engineering segment involves in the provision of residential building engineering, urban building modification, high technology factory construction, public facility construction, commercial building engineering services, total process management construction, construction materials trading, as well as limestone mining and distribution, among others. Its concrete segment involves in the production and distribution of concretes and concrete products. The Company operates its businesses primarily in Taiwan.
CHIEN KUO CONSTRUCTION CO., LTD. 
