2530 Hwa Chien: Announces Construction Contract with Subsidiary for New Taipei City's Yingge District Fengming Project

Announcement Date: June 27, 115
Statement Date: June 26, 115
Statement Time: 17:42:38
Company Code: 2530
Company Name: Hwa Chien
Purpose: Announcement of the execution of a new construction contracting agreement between the company and its subsidiary, Hwa Jian Construction Co., Ltd., for the 'Fengming Section, Yingge District, New Taipei City' project.
Applicable Clause: Clause 20
Factual Date: June 26, 115

Details:
1. Type of Contract: Construction Contract
2. Factual Date: June 26, 115 to June 26, 115
3. Board Approval Date: June 26, 115 (Minguo Year)
4. Other Approval Dates: Not applicable
5. Counterparty and Relationship with the Company:
Hwa Jian Construction Co., Ltd. is a subsidiary of the company.
6. Main Contents of the Contract (including total contract amount, estimated investment amount, contract start and end dates, restrictive clauses, and other important terms):
The company has signed a new construction contracting agreement with its subsidiary, Hwa Jian Construction Co., Ltd., for the 'Fengming Section, Yingge District, New Taipei City' project. The estimated total project price is NT$11,490,180 (excluding tax).
7. Name of Professional Appraisal Firm or Company and Appraisal Result: Not applicable
8. Name of Real Estate Appraiser: Not applicable
9. License Number of Real Estate Appraiser: Not applicable
10. Specific Purpose of Acquisition:
To construct residential buildings for sale, thereby generating profit for the company.
11. Dissenting Director Opinions on the Transaction: None
12. Is the Transaction a Related-Party Transaction: Yes
13. Date of Supervisor Approval or Audit Committee Consent:
June 26, 115 (Minguo Year)
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 for Not Yet Obtaining the Appraisal Report: Not applicable
17. Reasons for Significant Differences in Appraisal Results and Auditor's Opinion: Not applicable
18. Auditor Firm Name: Not applicable
19. Auditor Name: Not applicable
20. Auditor License Number: Not applicable
21. Previous Date of Material Information Disclosure on the Same Event: Not applicable
22. Other Remarks:
The Board of Directors has authorized the Chairman to sign the 'Fengming Section, Yingge District, New Taipei City' construction contract with Hwa Jian Construction for an amount not exceeding NT$12,639,198 (excluding tax).