King Town Construction : Announcement of the Board of Directors resolved a decision to sign an construction agreement on the case at No. 1140, Boxiao Section, Qianjin District. KH.
Announcement of the Board of Directors resolved a
decision to sign an construction agreement on the case
at No. 1140, Boxiao Section, Qianjin District. KH.
Date of events
2022/08/11
To which item it meets
paragraph 20
Statement
1.Type of contract:Engaging others to build on own land
2.Date of occurrence of the event:2022/08/11
3.Counterparty to the contract and relationship with the Company:Chieh Chih
Construction Co., Ltd. is the Company's affiliate.
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:
(1)Total contract price: NT$1,405,500,000 (tax included).
(2)Overview: The construction area is 5,622 ping, with 29 floors above
ground and five floors underground.
(3)Contract unit price: NT$250,000.
(4)Purpose of construction: For sale.
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:Construction of residential buildings
for sale.
9.Any dissenting opinions of directors to the present transaction:NONE.
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:N/A
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:NONE.
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King's Town Construction Co. Ltd. published this content on 15 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 August 2022 15:03:11 UTC.
King's Town Construction Co., LTD. is a Taiwan-based company principally engaged in the sales of buildings and lands. The Company is engaged in the construction of commercial buildings, residential buildings and car parks for sale and for rental. Its projects include JUDAN, SHUISENLIN, HULIFANG and TIANFENG, among others. The Company is also engaged in the operation of hotels and restaurants through one of its subsidiaries. The Company operates businesses in Kaohsiung City, Tainan County and Pingtung County of Taiwan.
King Town Construction : Announcement of the Board of Directors resolved a decision to sign an construction agreement on the case at No. 1140, Boxiao Section, Qianjin District. KH.
KING'S TOWN CONSTRUCTION CO., LTD. 
