Subsidiary Announces Intention to Participate in Real Estate Development Projects
Key facts
- Subsidiary Announces Intention to Participate in Real Estate Development Projects
- Sinyi Development Co., Ltd., a 100%-owned subsidiary of Sinyi, plans to participate in real estate co-construction and public bidding projects in the Taipei-Keelung metropolitan area with a total investment cap of NT$1 billion.
- Source: PR Times
- Date: June 27, 2026
Direct answer
Sinyi Development Co., Ltd., a 100%-owned subsidiary of Sinyi, plans to participate in real estate co-construction and public bidding projects in the Taipei-Keelung metropolitan area with a total investment cap of NT$1 billion.
- Citation
- Subsidiary Announces Intention to Participate in Real Estate Development Projects (June 27, 2026), PR Times
- Source
- PR Times
- Date
- June 27, 2026
Sinyi Development Co., Ltd., a 100%-owned subsidiary of Sinyi, plans to participate in real estate co-construction and public bidding projects in the Taipei-Keelung metropolitan area with a total investment cap of NT$1 billion.
📋 Article Processing Timeline
- 📰 Published: June 27, 2026 at 09:00
- 🔍 Collected: June 27, 2026 at 23:53 (14h 53m after Published)
- 🤖 AI Analyzed: June 27, 2026 at 23:56 (2 min after Collected)
Release Date: June 27, 2026
Statement Date: June 26, 2026
Statement Time: 19:02:33
Company Code: 9940
Company Name: Sinyi
Subject: Announcement on Behalf of Subsidiary Regarding Intention to Participate in Real Estate Development Projects
Applicable Clause: Item 51
Factual Date: June 26, 2026
1. Factual Date: June 26, 2026
2. Company Name: Sinyi Development Co., Ltd.
3. Relationship with Company (Please enter '本公司' or 'Subsidiary'): Subsidiary
4. Cross-shareholding Ratio: Directly held 100%
5. Reason for Occurrence: To expand its real estate development business, Sinyi Development Co., Ltd. (hereinafter 'Sinyi Development'), a 100%-owned subsidiary of the company, intends to engage in co-construction projects (including urban renewal) or participate in government bidding projects in the Taipei-Keelung metropolitan area. Within a total project construction cost not exceeding NT$1 billion, the Chairman of Sinyi Development shall have full authority to negotiate terms, investment conditions, and sign contracts regarding potential real estate development projects or bids with third parties.
6. Countermeasures: None
7. Other Matters to be Disclosed: Relevant details such as transaction terms will be announced separately upon finalization.
Statement Date: June 26, 2026
Statement Time: 19:02:33
Company Code: 9940
Company Name: Sinyi
Subject: Announcement on Behalf of Subsidiary Regarding Intention to Participate in Real Estate Development Projects
Applicable Clause: Item 51
Factual Date: June 26, 2026
1. Factual Date: June 26, 2026
2. Company Name: Sinyi Development Co., Ltd.
3. Relationship with Company (Please enter '本公司' or 'Subsidiary'): Subsidiary
4. Cross-shareholding Ratio: Directly held 100%
5. Reason for Occurrence: To expand its real estate development business, Sinyi Development Co., Ltd. (hereinafter 'Sinyi Development'), a 100%-owned subsidiary of the company, intends to engage in co-construction projects (including urban renewal) or participate in government bidding projects in the Taipei-Keelung metropolitan area. Within a total project construction cost not exceeding NT$1 billion, the Chairman of Sinyi Development shall have full authority to negotiate terms, investment conditions, and sign contracts regarding potential real estate development projects or bids with third parties.
6. Countermeasures: None
7. Other Matters to be Disclosed: Relevant details such as transaction terms will be announced separately upon finalization.
FAQ
What kind of real estate projects will the subsidiary participate in?
Co-construction and government bidding projects in the Taipei-Keelung area, including urban renewal.
What is the total construction cost limit?
Up to NT$1 billion for projects led by Sinyi Development.
Who will handle negotiations and contracts?
The Chairman of Sinyi Development will have full authority.
Will this announcement affect stock price?
Yes, it qualifies as material information affecting shareholder权益 and securities prices.
Will there be further announcements?
Transaction terms and details will be disclosed separately upon finalization.