HOTAI MOTOR announces on behalf of
HO TAI DEVELOPMENT CO., LTD. for its board's resolution
to bid for the auction of several real estates.
Date of events
2022/04/20
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/04/20
2.Company name:HO TAI DEVELOPMENT CO., LTD.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):subsidiaries
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:
The board of directors of the company has resolved to
approve the tender proposal, and authorizes the chairman
of the board to handle tender matters.
6.Countermeasures:
Relevant trading conditions will be announced separately
after winning the tender.
7.Any other matters that need to be specified: None
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Disclaimer
Hotai Motor Co. Ltd. published this content on 20 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2022 07:54:07 UTC.
Hotai Motor Co Ltd is a Taiwan-based company principally engaged in the distribution of motor vehicles and relevant parts. The Company primarily provides passenger cars and business vehicles, with brands named LEXUS, TOYOTA and others, as well as large-sized vehicles, including trucks and passenger cars, with brands named HINO. In addition, it is involved in the provision of air conditioners for vehicles, vehicle leasing services and installment payment services, as well as parts and components for vehicles. The Company is also engaged in insurance business. The Company operates its businesses primarily in domestic market.