Tatung : On behalf of subsidiary SCAD to agree that Yuan-Li Contracting Corp. and Tatung Forestry & Construction Co. jointly undertake the Zhonghe construction project.
On behalf of subsidiary SCAD to agree that Yuan-Li
Contracting Corp. and Tatung Forestry & Construction Co.
jointly undertake the Zhonghe construction project.
Date of events
2021/12/08
To which item it meets
paragraph 20
Statement
1.Type of contract: Construction Contract
2.Date of occurrence of the event:2021/12/08
3.Counterparty to the contract and relationship with the Company:
(1) Contract-issuing Party SCAD (Shan-Chih Asset Development Co.,):
the subsidiary company of Tatung.
(2) Contractor Yuan-Li Contracting Corp.: Substantive related party of
Shan-Chih Asset Development Co.
Yuan-Li Contracting Corp. and Tatung Forestry & Construction Co.
will sign a joint contract agreement; the above mentioned two
companies are related to SCAD.
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)Construction Scope: Liancheng Jinhe MRT Station (LG07) construction;
The construction includes basement area and joint development buildings.
(2)Total Value of Construction Contract: NT$ 3,606,305 thousand dollars.
(The section finished is not included)
(3)Commencement date and expiration date of the construction: From the
official contract signing date until the date of the acceptance of MRT
joint development building construction project.
5.Name of the professional appraisal firm or company and its
appraisal opinion:
Name: JHONG-DING Real Estate Appraiser Office
appraisal amount: NT 3,619,318 thousand dollars.
Name: Integration Appraisers Jointed Firm
appraisal amount: NT 3,662,508 thousand dollars.
The appraisal result is within a reasonable interval.
6.Name of the real property appraiser:
Name: Jhong-Ding Real Estate Appraiser Office :CHIEN,WU-CHIH
Name: Integration Appraisers Jointed Firm :LIAO,FENG-LIN
7.Practice certificate number of the real property appraiser:
Name: CHIEN,WU-CHIH :2011-TPA-000172
Name: LIAO,FENG-LIN :2007-TPA-000122
8.Concrete purpose of the acquisition:
Complete the construction of basement area and MRT joint development
buildings
9.Any dissenting opinions of directors to the present transaction:No
10.Whether the counterparty of the current transaction is a related party:Yes
11.Date of the board of directors resolution:2021/12/08
12.Date of ratification by supervisors or approval by
the audit committee:2021/12/08
13.The appraisal report has a limited price, specific price,
or special price:No
14.An appraisal report has not yet been obtained:No
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:
(1)The proposal, which was passed on 2021/12/08 by the board of SCAD,
contracts the construction of basement area and MRT joint development
buildings to substantive related party, Yuan-Li Contracting Corp.,
including all matters regarding project-related civil structure,
architecture, electrical/mechanical work, and construction. Yuan-Li
Contracting Corp. and Tatung Forestry & Construction Co. will sign a
joint contract agreement. The resolution also authorizes the Chairman
of SCAD to deal with all matters related to construction contract.
(2)The decision of the finalized contractor needs to be confirmed by
Department of Rapid Transit Systems, Taipei City Government.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Tatung Company published this content on 08 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2021 15:01:03 UTC.
Tatung Co is a Taiwan-based company mainly engaged in the manufacture and sale of electronic and electrical products. The Company operates through four segments. The Optical segment is engaged in the development, manufacture and sale of thin-film transistor (TFT) large-size panels, small and medium-sized panels such as smartphones, tablet computers, car panels and touch panels. The Mechanical and Electrical Energy segment is engaged in the development, manufacture and sale of smart grids, smart meters, solar photovoltaics, light-emitting diode lighting, motors, electromechanical and energy management systems. The Consumer Products segment is engaged in the development, manufacture and sale of digital TVs, flat panel displays, digital media equipment, digital audio-visual, and home appliance products. The Other segment is engaged in other businesses.
Tatung : On behalf of subsidiary SCAD to agree that Yuan-Li Contracting Corp. and Tatung Forestry & Construction Co. jointly undertake the Zhonghe construction project.