Announcement of expansion of land of joint
construction located at Lot Huancui,Banqiao Dist.,
New Taipei City.
Date of events
2022/04/25
To which item it meets
paragraph 20
Statement
1.Type of contract:Joint construction and housing selection
2.Date of occurrence of the event:2022/04/25~2022/04/25
3.Counterparty to the contract and relationship with the Company:
Natural person(non related-party)
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:
Contents of land：
Totally 13 lands,12 lands located at Land No.109,Lot Huancui,Banqiao Dist.,
New Taipei City and 1 land located at Land No.39,Sublot No.2,Lot Jiang Zicui,
Banqiao Dist.,New Taipei City
941.68 ping originally and 1,435.2 ping after expansion.
Expansion of joint construction(additional 4 lands located at Land No.111,
Lot Huancui,Banqiao Dist.,New Taipei City) and acquisition of lands purchased
by developer,slip ratio：
39.57% to landlord,60.43% to developer
The ratio is considered with the factors of building bulk.
Estimated construction costs：about NTD 1,804.71million.
5.Name of the professional appraisal firm or company and its
appraisal opinion:
(1)Appraisal Firm：Jhong-Ding Real Estate Appraisers Firm
Result of appraisal：Reasonable percentage to landlord is 39.92%~37.85%
and to developer is 60.08~62.15%.
(2)Appraisal Firm：Jhong-Lian Real Estate Appraisers Firm
Result of appraisal：Reasonable percentage to landlord is 39.91%~34.91%
and to developer is 60.09%~65.09%.
6.Name of the real property appraiser:
Wu-Chi, Jian (Jhong-Ding Real Estate Appraisers Firm)
Feng-Lin, Liao (Jhong-Lian Real Estate Appraisers Firm)
7.Practice certificate number of the real property appraiser:
Wu-Chi, Jian：(100)Pei-shi-gu-zhi No. 000172
Feng-Lin, Liao：(96)Pei-shi-gu-zhi No. 000122
8.Concrete purpose of the acquisition:For the construction project in order
to enlarge the revenue.
9.Any dissenting opinions of directors to the present transaction:N/A
10.Whether the counterparty of the current transaction is a related party:No
11.Date of the board of directors resolution:2022/04/25
12.Date of ratification by supervisors or approval by
the audit committee:2022/04/25
13.The appraisal report has a limited price, specific price,
or special price:N/A
14.An appraisal report has not yet been obtained:No
15.Reason for an appraisal report not being obtained:N/A
16.Reason for any significant discrepancy with the appraisal reports and
opinion of the CPA:N/A
17.Name of the CPA firm:N/A
18.Name of the CPA:N/A
19.Practice certificate number of the CPA:N/A
20.Any other matters that need to be specified:None
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Ruentex Development Co. Ltd. published this content on 25 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2022 11:18:07 UTC.
Ruentex Development Co Ltd is a Taiwan-based company mainly engaged in the construction business. The Company operates through five business segments. The Construction segment is engaged in the land development business, as well as the investment and construction of residential buildings, villas, office buildings and commercial buildings. The Commercial Real Estate segment is engaged in the leasing of commercial real estate. The Construction Materials segment is engaged in the trading of construction materials such as cement and others. The Volume Sales segment is engaged in the operation of department stores, the logistics business, as well as the retail of various groceries, clothing, electrical appliances, fresh products and others. The Company is also engaged in the operation of Other segment. The Company mainly operates in the Taiwan market.
RUENTEX DEVELOPMENT CO.,LTD. 
