Kenda Rubber Industrial : The Company’s Board of Directors resolved Kenda Rubber (ShenZhen) Co., Ltd., to terminate partial of the Urban Renewal Project Agreement.
The Company's Board of Directors resolved Kenda
Rubber (ShenZhen) Co., Ltd., to terminate partial of the
Urban Renewal Project Agreement.
Date of events
2022/06/30
To which item it meets
paragraph 10
Statement
1.Date of occurrence of the event:2022/06/30
2.Counterparty to the contract or commitment:Jiazhaoye
Urban Renewal Group (Shenzhen) Co., Ltd.
3.Relationship with the Company:Unrelated Party.
4.Starting and ending dates (or rescission date) of the
contract or commitment:2022/06/30 (rescission date)
5.Major content (not applicable where rescinded):N/A
6.Restrictive covenants (not applicable where rescinded):N/A
7.Commitment (not applicable where rescinded):N/A
8.Any other important agreement (not applicable where rescinded):N/A
9.Effect on company finances and business: No effect on the Company's
finances and business.
10.Concrete purpose/objective: In line with the renewal policy of future
urban development ShenZhen.
11.Any other matters that need to be specified: Jiazhaoye Urban Renewal
Group (Shenzhen) Co., Ltd. transfers all rights in "Kenda Rubber (Shenzhen)
Urban Renewal Project-Phase I" to Shenzhen Heju Real Estate Co., Ltd. The
transfer will not aggravate the responsibilities and obligations of Kenda
Rubber (Shenzhen) Co., Ltd. or prejudice its interests. Besides, the
transfer will ensure that Kenda Rubber (Shenzhen) Co., Ltd. does not suffer
losses or take risks as a result.
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Kenda Rubber Industrial Co. Ltd. published this content on 01 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2022 23:12:04 UTC.
KENDA RUBBER INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing, wholesales and retailing of rubber products. The products of the Company include cover tires and inner tubes for bicycles, cover tires and inner tubes for motorcycles, agricultural and industrial tires, cover tires and inner tubes for light trucks and radial tires and tubes, among others. Its agricultural and industrial tires include tires for all terrain vehicles, tires for mowers, tires for club cars and tires for agricultural vehicles, among others. The Company operates businesses in China, the United States, Taiwan and Vietnam, among others.
Kenda Rubber Industrial : The Company’s Board of Directors resolved Kenda Rubber (ShenZhen) Co., Ltd., to terminate partial of the Urban Renewal Project Agreement.
KENDA RUBBER INDUSTRIAL CO. LTD. 
