【Sakura Kensetsu】Announcement on the Board of Directors' Resolution to Cancel the Issuance of the First Secured Ordinary Corporate Bonds in 2025
Sakura Kensetsu announced the cancellation of its plan to issue the first secured ordinary corporate bonds for 2025. This decision was made after a comprehensive assessment of capital market conditions and the company's operational planning, concluding that existing self-funds and bank credit lines are sufficient to support the project.
📋 Article Processing Timeline
- 📰 Published: May 12, 2026 at 09:00
- 🔍 Collected: May 13, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 13, 2026 at 09:33 (1h 33m after Collected)
1. Date of occurrence of the event: May 12, 2026 (ROC calendar year 115)
2. Cause of occurrence: After a comprehensive assessment of capital market conditions and the company's operational planning, the company's own funds and bank credit lines are sufficient to support this plan, and thus the issuance plan is canceled.
3. Information related to corporate bonds:
The company's board of directors approved the issuance of the first secured ordinary corporate bonds for 2025 (ROC calendar year 114) on November 11, 2025, with a total issuance amount of NTD 600 million, for the purpose of repaying bank loans.
4. Other matters that need to be specified: None
2. Cause of occurrence: After a comprehensive assessment of capital market conditions and the company's operational planning, the company's own funds and bank credit lines are sufficient to support this plan, and thus the issuance plan is canceled.
3. Information related to corporate bonds:
The company's board of directors approved the issuance of the first secured ordinary corporate bonds for 2025 (ROC calendar year 114) on November 11, 2025, with a total issuance amount of NTD 600 million, for the purpose of repaying bank loans.
4. Other matters that need to be specified: None