HOTAI MOTOR announces on behalf of
HO TAI SERVICE & MARKETING CO., LTD. for its board of
directors made the resolution to dispose of real estate.
Date of events
2022/07/13
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/07/13
2.Company name:HO TAI SERVICE & MARKETING CO., LTD.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):subsidiaries
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:
HO TAI SERVICE & MARKETING CO., LTD. for its board of
directors made the resolution to dispose of real estate.
6.Countermeasures:None
7.Any other matters that need to be specified:
The board authorizes its chairman to execute price negotiation.
The supplementary announcement will be made when the
transaction is confirmed.
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Disclaimer
Hotai Motor Co. Ltd. published this content on 13 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 July 2022 07:33:09 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.
HOTAI MOTOR CO.,LTD. 
