[Shanghai Commercial Bank] Announcement of Contract Signing for Property Renovation Engineering by Subsidiary
Shanghai Commercial Bank announced that its subsidiary, Shanghai Commercial Bank Co., Ltd., will enter into a property renovation contract with Chevalier (Construction) Ltd. The total contract value is HKD 187,702,654 (approximately NTD 757,334,409 including tax), with the project scheduled from April 27, 2026, to October 9, 2027, for the property at 666 Nathan Road, Mong Kok, Kowloon, Hong Kong.
📋 Article Processing Timeline
- 📰 Published: April 20, 2026 at 09:00
- 🔍 Collected: April 21, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 21, 2026 at 08:08 (8 min after Collected)
1. Contract Type: Construction Engineering Contract 2. Date of Fact Occurrence: 2026/04/20~2026/04/20 3. Date Approved by Board of Directors: April 20, 2026 4. Other Approval Dates: Not applicable 5. Contract Counterparty and Relationship with the Company: Counterparty: Chevalier (Construction) Ltd. Relationship with Company: None. 6. Main Contract Contents (including total contract amount, estimated investment, and contract start/end dates), restrictive clauses, and other important agreements: (1) Engineering Content: Construction Engineering Contract (2) Total Contract Amount: HKD 187,702,654 (approx. NTD 757,334,409 (including tax)). (3) Contract Start/End Dates: From April 27, 2026, to October 9, 2027. ... [Full text translated as per Japanese body content]