SEQ_NO |
1 |
Date of announcement |
2024/05/28 |
Time of announcement |
17:58:59 |
Subject |
Yuan Ding Co., Ltd., FENC's subsidiary, signs a construction agreement with Far Eastern Construction Co., Ltd. |
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Date of events |
2024/05/28 |
To which item it meets |
paragraph 20 |
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Statement |
1.Type of contract:A construction agreement 2.Date of occurrence of the event:2024/05/28 3.Counterparty to the contract and relationship with the Company: Far Eastern Construction Co., Ltd. (FECC) Both Yuan Ding Co., Ltd. (YDC) and FECC are FENC's subsidiaries. 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.YDC commissions FECC to engage architects and contractors for planning, designing, constructing, and managing the construction of the building on the project site. 2.The construction site is located No. 35-1, 35-2 & 35-4, at 3rd subsection, Xinyi Section, Xinyi Dist., Taipei City, total of 1,687.345 pings, which YDC holds approximately 120.5246 pings, equivalent to around 7.1429% 3.The total construction cost of the building is NT$2,503,449,000 YDC’s shared cost is NT$178,819,000 by proportion of land holding 4.The agreement is effective from the signing date until the transfer of building ownership and the building's completion. 5.In accordance with the agreement. 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: To rejuvenate assets and maximize their socio-economic benefits. 9.Any dissenting opinions of directors to the present transaction:NIL 10.Whether the counterparty of the current transaction is a related party:Yes 11.Date of the board of directors resolution:2024/05/28 12.Date of ratification by supervisors or approval by the audit committee:2024/05/28 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:NIL |