Changes in the entrusted construction contract
signed by Leofoo Development Co.Ltd.and agreed by the
Board on March 11,2020
Date of events
2021/12/27
To which item it meets
paragraph 20
Statement
1.Type of contract:Contract to engage others to build on
its own land
2.Date of occurrence of the event:2021/12/27
3.Counterparty to the contract and relationship with the Company:
Leofoo Development Co. Ltd. (100% owned by the Company)
4.Major content of the contract (including total contract amount,
anticipated monetary amount of participation in the investment, and start
and end dates of the contract), restrictive covenants, and other important
terms and conditions:
1) The land is registered under the Taipei branch at
Leofoo Hotel Building based on Statute for Expediting
Reconstruction of Urban Unsafe and Old Buildings.
Leofoo Development Co, Ltd.is the construction
management company.
2) Contract Period: From the contract sign-off date to
construction completion and closing date
3) Limitation Clause: None
4) Other Important Agreed Matters: The construction
contract amount is about New Taiwanese Dolloars
$2,100,000,000
5.Name of the professional appraisal firm or company and its
appraisal opinion:NA
6.Name of the real property appraiser:NA
7.Practice certificate number of the real property appraiser:NA
8.Concrete purpose of the acquisition:Reconstruction Plan
9.Any dissenting opinions of directors to the present transaction:NA
10.Whether the counterparty of the current transaction is a related party:
Related party
11.Date of the board of directors resolution:2021/12/27
12.Date of ratification by supervisors or approval by
the audit committee:2021/12/27
13.The appraisal report has a limited price, specific price,
or special price:NA
14.An appraisal report has not yet been obtained:NA
15.Reason for an appraisal report not being obtained:NA
16.Reason for any significant discrepancy with the appraisal reports and
opinion of the CPA:NA
17.Name of the CPA firm:NA
18.Name of the CPA:NA
19.Practice certificate number of the CPA:NA
20.Any other matters that need to be specified:NA
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Leofoo Development Co. Ltd. published this content on 27 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 December 2021 09:16:01 UTC.
LEOFOO DEVELOPMENT CO., LTD. is a Taiwan-based company principally engaged in the operation of hotels and theme parks. The hotels operated by the Company include tourism hotels and resort hotels. Its resort hotels provide Chinese and foreign style restaurants, banquet halls, coffee shops, buffet, Japanese restaurants, Italian restaurants and bars, among others. Its theme parks provide attached restaurants and souvenir shops, among others. The Company is also involved in the operation of cinemas and parking lots. It mainly operates businesses in Taiwan market.
LEOFOO DEVELOPMENT CO., LTD. 
