Announcement of the acquisition of a tender for
Taiwan Water Corp., on behalf of subsidiary Kuo Chuang
Engineering Co., Ltd.
Date of events
2022/06/30
To which item it meets
paragraph 53
Statement
1.Date of occurrence of the event:2022/06/30
2.Company name:Kuo Chuang Engineering Co., Ltd.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):Subsidiaries
4.Reciprocal shareholding ratios:100%
5.Cause of occurrence:
The Company's subsidiary, Kuo Chuang Engineering Co., Ltd. , acquired two
DIP purchases projects from Taiwan Water Corporation for a total amount of
NT$217.799 million (including tax), and the winning project is described as
follows:
(1)Project Name:The Engineering Material Tender of Aqueduct Project from
Xipu and Daquan Falling Water Raw Water Pipe Project-
Pipe(1)&(5)
Total Amount of Project:108.197 million (including tax).
(2)Project Name:The Engineering Material Tender of Aqueduct Project from
Xipu and Daquan Falling Water Raw Water Pipe Project-Pipe(2)
Total Amount of Project:109.602 million (including tax).
6.Countermeasures:None
7.Any other matters that need to be specified:
We will sign a purchasing contract with the owner "Taiwan Water Corporation"
in the near future.
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Kuo Toong International Co. Ltd. published this content on 30 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2022 09:01:01 UTC.
KUO TOONG INTERNATIONAL CO., LTD. is a Taiwan-based company principally engaged in the engineering contracting business. The Company provides engineering contracting services for water transmission pipelines, waste treatment pipelines and others, as well as the manufacture and sale of prestressed concrete cylinder pipes (PCCPs), reinforced concrete pipes (RCPs), prestressed concrete non-cylinder pipes (PSCPs), jacking pipes (JCPs), ductile iron pipes (DIPs), welded steel pipes (WSPs), stainless steel pipes and steel pipe joints, among others. It also involves in sea water desalination business. The Company principally operates its business in domestic market.