JPP-KY's important subsidiary King Power Thailand announces self-built and entrusted construction of a new sheet metal stamping factory at Lane 8 factory area
King Power Thailand, a subsidiary of jpp-KY, announced the construction of a new sheet metal stamping factory in the Wampu Industrial Zone, Thailand, to meet increasing non-aerospace orders and business expansion. The project, costing THB 1.47 billion (excluding tax), will have a 12-month construction period.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 09:00
- 🔍 Collected: May 9, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 9, 2026 at 09:20 (1h 20m after Collected)
1. Contract Type: Engineering contract
2. Date of occurrence: 2026/5/8~2026/5/8
3. Date of board meeting approval: May 8, 2026 (Republic of China calendar)
4. Other approval dates: Not applicable
5. Contract counterparty and its relationship with the company:
PAN ASIA SUPPLY CO., LTD.
The counterparty is not a related party.
6. Main content of the contract (including total contract amount, estimated amount to be invested, contract start and end dates),
restrictive clauses and other important agreements:
The company has entrusted the construction of a new sheet metal stamping factory building and other ancillary facilities and systems in the Wampu Industrial Zone, Lane 8 factory area, in Thailand, on its own land. The total cost is 1,470,000,000 Thai Baht, excluding tax. The construction period is 12 months.
Advance payment is 10% of the contract amount, and the penalty for project delay is 0.1% of the contract amount per day, up to a maximum of 10%.
The owner may retain 5% of the final payment as a one-year guarantee deposit.
7. Professional appraiser firm or company name and appraisal results:
Not applicable
8. Name of real estate appraiser:
Not applicable
9. Real estate appraiser license number:
Not applicable
10. Specific purpose of acquisition:
To meet the needs of increasing non-aerospace orders and business expansion.
11. Opinions of directors who expressed dissent to this transaction:
None
12. This transaction is a related party transaction: No
13. Date of approval by supervisors or audit committee:
May 8, 2026 (Republic of China calendar)
14. Is the appraisal report a limited price, specific price or special price: No or not applicable
15. Has the appraisal report not yet been obtained: No or not applicable
16. Reason why the appraisal report has not yet been obtained:
Not applicable
17. If there is a significant difference in the appraisal results, the reason for the difference and the opinion of the accountant:
Not applicable
18. Accountant firm name:
Not applicable
19. Accountant name:
Not applicable
20. Accountant license number:
Not applicable
21. Date of previous material information disclosure on the same matter: Not applicable
22. Other matters to be specified:
The transaction amount is 1,470,000,000 Thai Baht. Converted using the Bank of Taiwan's exchange rate of 0.9754 from the end of last month.
Keywords: Material Information
2. Date of occurrence: 2026/5/8~2026/5/8
3. Date of board meeting approval: May 8, 2026 (Republic of China calendar)
4. Other approval dates: Not applicable
5. Contract counterparty and its relationship with the company:
PAN ASIA SUPPLY CO., LTD.
The counterparty is not a related party.
6. Main content of the contract (including total contract amount, estimated amount to be invested, contract start and end dates),
restrictive clauses and other important agreements:
The company has entrusted the construction of a new sheet metal stamping factory building and other ancillary facilities and systems in the Wampu Industrial Zone, Lane 8 factory area, in Thailand, on its own land. The total cost is 1,470,000,000 Thai Baht, excluding tax. The construction period is 12 months.
Advance payment is 10% of the contract amount, and the penalty for project delay is 0.1% of the contract amount per day, up to a maximum of 10%.
The owner may retain 5% of the final payment as a one-year guarantee deposit.
7. Professional appraiser firm or company name and appraisal results:
Not applicable
8. Name of real estate appraiser:
Not applicable
9. Real estate appraiser license number:
Not applicable
10. Specific purpose of acquisition:
To meet the needs of increasing non-aerospace orders and business expansion.
11. Opinions of directors who expressed dissent to this transaction:
None
12. This transaction is a related party transaction: No
13. Date of approval by supervisors or audit committee:
May 8, 2026 (Republic of China calendar)
14. Is the appraisal report a limited price, specific price or special price: No or not applicable
15. Has the appraisal report not yet been obtained: No or not applicable
16. Reason why the appraisal report has not yet been obtained:
Not applicable
17. If there is a significant difference in the appraisal results, the reason for the difference and the opinion of the accountant:
Not applicable
18. Accountant firm name:
Not applicable
19. Accountant name:
Not applicable
20. Accountant license number:
Not applicable
21. Date of previous material information disclosure on the same matter: Not applicable
22. Other matters to be specified:
The transaction amount is 1,470,000,000 Thai Baht. Converted using the Bank of Taiwan's exchange rate of 0.9754 from the end of last month.
Keywords: Material Information