【Shin Papa】Announcement by Subsidiary Regarding Proposed Establishment of Joint Venture Company with Other Companies
Shin Papa announced that its subsidiary, Jiangcheng Construction Co., Ltd., along with Shin Papa Enterprise Co., Ltd. and Basen Construction Co., Ltd., has been selected as the most favorable applicant for the "Kaohsiung City Mass Rapid Transit System Orange Line O9 (C Base) Land Development Project" by the Kaohsiung City Government MRT Engineering Bureau, leading to the proposed establishment of a joint venture.
📋 Article Processing Timeline
- 📰 Published: May 6, 2026 at 09:00
- 🔍 Collected: May 7, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 7, 2026 at 08:09 (8 min after Collected)
1. Date of occurrence of the event: 115/05/06
2. Company name: Jiangcheng Construction Co., Ltd.
3. Relationship with the company (please enter 'this company' or 'subsidiary'): Subsidiary
4. Mutual shareholding ratio: This company holds 100% of Jiangcheng Construction Co., Ltd. shares.
5. Reason for occurrence:
Because Jiangcheng Construction Co., Ltd., together with Shin Papa Enterprise Co., Ltd. and Basen Construction Co., Ltd., jointly participated in the comprehensive evaluation of the "Kaohsiung City Mass Rapid Transit System Orange Line O9 (C Base) Land Development Project" conducted by the Kaohsiung City Government MRT Engineering Bureau, and was selected as the most favorable applicant, the board of directors of this company resolved to authorize the chairman to handle all matters related to the establishment of the joint venture company.
6. Countermeasures: None
7. Other matters that need to be specified (if the subject of the event or resolution is a public company or above, this material information also complies with Article 7, Subparagraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters that have a significant impact on shareholder equity or security prices): An announcement will be made at that time based on the actual amount invested.
Keywords: Material Information
2. Company name: Jiangcheng Construction Co., Ltd.
3. Relationship with the company (please enter 'this company' or 'subsidiary'): Subsidiary
4. Mutual shareholding ratio: This company holds 100% of Jiangcheng Construction Co., Ltd. shares.
5. Reason for occurrence:
Because Jiangcheng Construction Co., Ltd., together with Shin Papa Enterprise Co., Ltd. and Basen Construction Co., Ltd., jointly participated in the comprehensive evaluation of the "Kaohsiung City Mass Rapid Transit System Orange Line O9 (C Base) Land Development Project" conducted by the Kaohsiung City Government MRT Engineering Bureau, and was selected as the most favorable applicant, the board of directors of this company resolved to authorize the chairman to handle all matters related to the establishment of the joint venture company.
6. Countermeasures: None
7. Other matters that need to be specified (if the subject of the event or resolution is a public company or above, this material information also complies with Article 7, Subparagraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters that have a significant impact on shareholder equity or security prices): An announcement will be made at that time based on the actual amount invested.
Keywords: Material Information