[Sakura Development] Board Approves Construction Contracts with Subsidiary Ying Xiong Construction
Sakura Development Co., Ltd. has signed construction contracts with its subsidiary for residential projects in Wuri District, Taichung, totaling approximately TWD 1.27 billion.
📋 Article Processing Timeline
- 📰 Published: April 21, 2026 at 09:00
- 🔍 Collected: April 22, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 28, 2026 at 22:27 (158h 27m after Collected)
1. Type of Contract: Construction Contract
2. Event Date: 2026/04/21
3. Board Approval Date: 2026/04/21
4. Other Approval Date: Not applicable
5. Counterparty and Relationship: Ying Xiong Construction Co., Ltd., a subsidiary of the company.
6. Main Content:
(1) 'Taichung Wuri New HSR Section' Phase 1 contract amount: TWD 83,259,431 (incl. tax).
(2) 'Taichung Wuri Xinronghe Section Phase 3' addition amount: TWD 539,056,874 (incl. tax). Total contract amount after addition: TWD 1,192,883,760 (incl. tax).
7. Appraiser: Not applicable
8. Purpose of Acquisition: To build residential buildings for sale and generate profit.
9. Director Dissent: None
10. Related-Party Transaction: Yes
11. Audit Committee Approval: 2026/04/21
12. Other: The New HSR Section project is contracted in phases; this board meeting approved the Phase 1 contract.
2. Event Date: 2026/04/21
3. Board Approval Date: 2026/04/21
4. Other Approval Date: Not applicable
5. Counterparty and Relationship: Ying Xiong Construction Co., Ltd., a subsidiary of the company.
6. Main Content:
(1) 'Taichung Wuri New HSR Section' Phase 1 contract amount: TWD 83,259,431 (incl. tax).
(2) 'Taichung Wuri Xinronghe Section Phase 3' addition amount: TWD 539,056,874 (incl. tax). Total contract amount after addition: TWD 1,192,883,760 (incl. tax).
7. Appraiser: Not applicable
8. Purpose of Acquisition: To build residential buildings for sale and generate profit.
9. Director Dissent: None
10. Related-Party Transaction: Yes
11. Audit Committee Approval: 2026/04/21
12. Other: The New HSR Section project is contracted in phases; this board meeting approved the Phase 1 contract.