Shinkong Textile : Announcement on behalf of major subsidiary Shinkong Asset Management Co., Ltd.signed a contract engaging others to build construction on own land.
Announcement on behalf of major subsidiary
Shinkong Asset Management Co., Ltd.signed a contract
engaging others to build construction on own land.
Date of events
2022/04/08
To which item it meets
paragraph 20
Statement
1.Type of contract:Engaging others to build on own land
2.Date of occurrence of the event:2022/04/08~2022/04/08
3.Counterparty to the contract and relationship with the Company:
FENG YU UNITED ENGINEERING CO., LTD.; 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:
Total contract amount:
NT$ 1.035 billion(VAT included)/about NT$985.7 million(VAT excluded)
No restrictive covenants or other important terms and conditions:
According to the content of the contract.
5.Name of the professional appraisal firm or company and its
appraisal opinion:N/A
6.Name of the real property appraiser:N/A
7.Practice certificate number of the real property appraiser:N/A
8.Concrete purpose of the acquisition:
Enhance operational efficiency and revitalize assets.
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:NA
12.Date of ratification by supervisors or approval by
the audit committee:NA
13.The appraisal report has a limited price, specific price,
or special price:N/A
14.An appraisal report has not yet been obtained:N/A
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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Shinkong Textile Co. Ltd. published this content on 08 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 April 2022 07:58:05 UTC.
SHINKONG TEXTILE CO., LTD is a Taiwan-based company principally engaged in the manufacture and sales of textile products. The Companyâs products include garments, high performance outdoor fabrics, high performance sports fabrics, fashion fabrics and multifunctional blended fabrics. The Company operates through three segments. The Marketing segment is engaged in the sales of finished fabrics and exporting businesses. The Retailing segment is engaged in the agency of PGA TOUR brand and ADIDAS GOLF brand, the proprietary operation of ARTIFACTS brand and ART HAUS brand, as well as the design and manufacture of group uniforms. The Construction segment is engaged in the land development businesses and the leasing and sales of properties. The Company operates businesses in Taiwan, Vietnam and China, among others.
Shinkong Textile : Announcement on behalf of major subsidiary Shinkong Asset Management Co., Ltd.signed a contract engaging others to build construction on own land.
SHINKONG TEXTILE CO.,LTD 
