The Board of Directors has passed the resolution
for the increase in construction cost for the project
San Chong Er Zhong Pu
Date of events
2022/08/05
To which item it meets
paragraph 20
Statement
1.Type of contract:Construction Agreement
2.Date of occurrence of the event:2022/08/05
3.Counterparty to the contract and relationship with the Company:
Related Party/Kedge Construction Co., Ltd.
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:
Amended contract price is NT$2,641,236,941(tax excluded)
Contract Period:from commencement construction date to
examination completion date.
5.Name of the professional appraisal firm or company and its
appraisal opinion:N/A
6.Name of the real property appraiser:N/A
7.Practice certificate number of the real property appraiser:N/A
8.Concrete purpose of the acquisition:
Residential high rise building for sale
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:2022/08/05
12.Date of ratification by supervisors or approval by
the audit committee:2022/08/05
13.The appraisal report has a limited price, specific price,
or special price:No
14.An appraisal report has not yet been obtained:N/A
15.Reason for an appraisal report not being obtained:N/A
16.Reason for any significant discrepancy with the appraisal reports and
opinion of the CPA:N/A
17.Name of the CPA firm:N/A
18.Name of the CPA:N/A
19.Practice certificate number of the CPA:N/A
20.Any other matters that need to be specified:No.
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Kindom Construction Corp. published this content on 05 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2022 15:25:05 UTC.
KINDOM DEVELOPMENT CO., LTD. formerly KINDOM CONSTRUCTION CORP. is a Taiwan-based company principally engaged in the development and construction business. The Company operates in three business segments. The Development segment is engaged in the development of residential and commercial buildings for rental and sales. The Construction segment is engaged in the construction engineering business, including the construction of enterprise headquarters, factories, hospitals and residential buildings, as well as the civil engineering business, including roads engineering and bridges engineering. The Department Stores segment is engaged in the operation of shopping centers. The Company mainly operates businesses in Taiwan.
KINDOM DEVELOPMENT CO., LTD. 
