Ruentex Development Co., Ltd. Signs Construction Material Purchase and Settlement Agreements
Ruentex Development Co., Ltd. signed a construction material purchase agreement for 'Ruentex Elite Collection Materials' with its subsidiary, Ruentex Materials Co., Ltd., totaling NT$27,245,991. The company also entered into settlement agreements for 'Ruentex Feng Zuo An Construction Materials (Soundproof Flooring)' and 'Ruentex Feng Zuo An Construction Materials (Maitenai Masonry Materials)', with adjusted totals of NT$16,722,300 and NT$39,407,740 respectively. These related-party transactions were approved by the board and audit committee on April 14, 2026.
📋 Article Processing Timeline
- 📰 Published: April 14, 2026 at 09:00
- 🔍 Collected: April 15, 2026 at 11:00 (26h 0m after Published)
- 🤖 AI Analyzed: April 15, 2026 at 12:13 (1h 13m after Collected)
Ruentex Development Co., Ltd. (hereinafter referred to as 'the Company') has signed construction material purchase and settlement agreements. The contract type is for construction material purchase and settlement. The event occurred on April 14, 2026. The board of directors approved the agreements on April 14, 2026. The counterparty is Ruentex Materials Co., Ltd., a subsidiary of the Company. The main contents of the contracts are as follows: (1) 'Ruentex Elite Collection Materials' purchase contract with a total amount of NT$27,245,991 (tax exclusive), to be completed by December 31, 2026. (2) 'Ruentex Feng Zuo An Construction Materials (Soundproof Flooring)' purchase and settlement agreement. The original contract amount was NT$16,077,600 (tax exclusive), with an additional amount of NT$644,700 (tax exclusive), resulting in a total settlement amount of NT$16,722,300 (tax exclusive). (3) 'Ruentex Feng Zuo An Construction Materials (Maitenai Masonry Materials)' purchase and settlement agreement. The original contract amount was NT$48,270,078 (tax exclusive), with a reduction of NT$8,862,338 (tax exclusive), resulting in a total settlement amount of NT$39,407,740 (tax exclusive). The specific purpose of obtaining these agreements is for construction material purchase and settlement. This transaction is a related-party transaction. The audit committee approved the agreements on April 14, 2026. Previous major announcements regarding similar events were made on August 13, 2024, and April 25, 2022.