Ruentex Development Announces NT$3.65 Billion Settlement for Wuguwang Construction Project
📋 Article Processing Timeline
- 📰 Published: May 14, 2026 at 09:00
- 🔍 Collected: May 15, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 15, 2026 at 16:35 (8h 35m after Collected)
Ruentex Development Co., Ltd. has finalized a settlement agreement with its subsidiary, Ruentex Engineering & Infrastructure, for the 'Wuguwang Case A' construction project. The board approved an additional payment of NT$983 million due to construction adjustments, bringing the final settlement total to NT$3.65 billion (excluding tax). The appraisal provided by Zhongding Real Estate Appraisers Office supports the adjusted value, ensuring transparency in this related-party transaction.