Update the board passed construction contract,
with land bank located in Sec. Sanmin, Taoyuan District,
Taoyuan City.
Date of events
2022/08/11
To which item it meets
paragraph 20
Statement
1.Type of contract:Engaging others to build on the land of JV contract.
2.Date of occurrence of the event:2022/08/11
3.Counterparty to the contract and relationship with the Company:
Transaction party:Farglory Construction Co., Ltd.
Relationship with company:Subsidiary
4.Major content of the contract (including total contract amount,
anticipated monetary amount of participation in the investment, and start
and end dates of the contract), restrictive covenants, and other important
terms and conditions:
Total contract amount:NT 1,383,750 thousand dollars.
Other important stipulations:No
5.Name of the professional appraisal firm or company and its
appraisal opinion:
Appraisal Firm:Zhan-Mao Real Estate Appraisers Firm
Result of appraisal:NT 1,384,046 thousand dollars.
6.Name of the real property appraiser:
Hsu Chun Bao
7.Practice certificate number of the real property appraiser:
Printing Serial No. 000935
8.Concrete purpose of the acquisition:For the construction project in order
to enlarge the revenue.
9.Any dissenting opinions of directors to the present transaction:No
10.Whether the counterparty of the current transaction is a related party:Yes
11.Date of the board of directors resolution:2022/08/11
12.Date of ratification by supervisors or approval by
the audit committee:2022/08/11
13.The appraisal report has a limited price, specific price,
or special price:No
14.An appraisal report has not yet been obtained:No
15.Reason for an appraisal report not being obtained:NA
16.Reason for any significant discrepancy with the appraisal reports and
opinion of the CPA:NA
17.Name of the CPA firm:NA
18.Name of the CPA:NA
19.Practice certificate number of the CPA:NA
20.Any other matters that need to be specified:No
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Farglory Land Development Co. Ltd. published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 09:20:06 UTC.
Farglory Land Development Co Ltd is a Taiwan-based company primarily engaged in the development, construction and sale of residential properties. The Company also develops, constructs and sells factory and office buildings and other commercial facilities, as well as residential and building development and leasing, as well as land sales. The Company’s projects include Farglory Ching Chin, Farglory Hsia Mu, as well as Farglory Sing Cheng. The Company primarily operates it businesses in Taiwan.
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