Today's Information

Provided by: KUNG SING ENGINEERING CORPORATION
SEQ_NO 1 Date of announcement 2021/11/18 Time of announcement 14:17:03
Subject
 The company's third quarter 2021 IFRSs iXBRL
financial statements and financial report e-book related
party transaction corrections.
Date of events 2021/11/18 To which item it meets paragraph 51
Statement
1.Date of occurrence of the event:2021/11/18
2.Company name:Kung Sing Engineering Co., Ltd.
3.Relationship with the Company (please enter ��the company itself��
or ��subsidiaries��):the company itself
4.Reciprocal shareholding percentage:NA
5.Cause of occurrence:IFRSs iXBRL financial statement reporting
operations related party transaction amendment, and financial
report e-book related party transaction amendment.
6.Information items/ statements to be corrected:
IFRSs iXBRL financial statement reporting, financial reporting
7.Amounts/ contents/ number of page to be corrected:
IFRSs iXBRL financial statements and financial report e-book
page 40 of the original related party transaction-related party
names are: Chen Huangming, Jiang Qijing, Pan Guanru, Pan Junrong.
Significant transactions with related parties-other 3. Obtaining
equity of subsidiaries, the original paragraph on page 41 of the
IFRSs iXBRL financial statements and financial report e-book is
as follows:
On December 29, 2020, the board of directors referred to the
expert evaluation report and decided to increase the holding of
a total of 28,000 thousand shares in the consolidated subsidiary,
Gongxin Development. Please refer to notes 4 (3) and 4 (29). The
company signed an equity transaction contract on May 14, 2021.
The base date for the equity transfer is the price payment date.
The 5,000 thousand shares in the transaction were obtained from
the related person, Mr. Pan Guanru, and the transaction price
was NT$45,250 thousand.
8.Amounts/ contents/ number of page after correction:
Related party transactions-the name of the related party and the
name of the related party
The IFRSs iXBRL financial statement and financial report e-book
page 40 is corrected to: Chen Huangming, Jiang Qijing, Pan Guanru,
Quanfu Investment Co., Ltd., and Pan Junrong.
Significant transactions with related parties-other 3. Acquiring
equity in subsidiaries, the corrected paragraph on page 41 of the
IFRSs iXBRL financial statements and financial report e-book is as
follows:
On December 29, 2020, the board of directors referred to the expert
evaluation report and decided to increase the shareholding of the
consolidated subsidiary, Gongxin Development, totaling 28,000
thousand shares. Please refer to notes 4 (3) and 4 (29). The
company signed an equity transaction contract on May 14, 2021.
The base date of the equity transfer is the date of payment and
payment. The 16,000 thousand shares and 5,000 thousand shares
were acquired from related parties, Quanfu Investment Co., Ltd.
and Mr. Pan Guanru. The price is NT$144,800 thousand and
NT$45,250 thousand respectively.
9.Countermeasures:Re-upload MOPS after data correction
10.Any other matters that need to be specified:None.

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Kung Sing Engineering Corporation published this content on 18 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 November 2021 06:31:03 UTC.