• Sun. Aug 7th, 2022

Ruentex Development: Further announcement of the acquisition of land expansion appraisal information located at Land No.32, Lot Ruanqiao, Beitou Dist., Taipei City.

ByWillie M. Evans

Apr 25, 2022






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Provided by: RUENTEX DEVELOPMENT CO.,LTD.

SEQ_NO

8

announcement date

2022/04/25

Announcement time

19:21:25

Matter

 Supplementary announcement of acquisition of
appraisal information of expansion of land located
at Land No.32,Lot Ruanqiao ,Beitou Dist.,Taipei City.

Date of events

2022/04/25

What item it responds to

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
Qiao-da Development Co.,Ltd.
Both of above are not related-parties.
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:
4 lands located at Lot Ruanqiao including Land No.32 and so on.
1,060.52 ping originally and 1,896.09 ping after expansion.
Expansion of joint construction and acquisition of lands purchased by
developer(located at Land No.28 and No.30 Lot Ruanqiao ,Beitou Dist.,
Taipei City),slip ratio:
59.35% to landlord,40.65% to developer
The ratio is considered with the factors of building bulk.
Estimated construction costs:about NTD 2,471.67million.
5.Name of the professional appraisal firm or company and its
appraisal opinion:
(1)
Appraisal Firm:Xian-Jian Real Estate Appraisers Firm
Result of appraisal:
Expansion of joint construction and acquisition of lands purchased by
developer,slip ratio:59.50% to landlord,40.50% to developer
(2)
Appraisal Firm:Po-Yuan Real Estate Appraisers Firm
Result of appraisal:
Expansion of joint construction and acquisition of lands purchased by
developer,slip ratio:60.10% to landlord,39.90% to developer
6.Name of the real property appraiser:
Wei-Han,Sun (Xian-Jian Real Estate Appraisers Firm)
Zi-Kuan,Yeh (Po-Yuan Real Estate Appraisers Firm)
7.Practice certificate number of the real property appraiser:
Wei-Han,Sun:(104)Pei-shi-gu-zhi No. 000222
Zi-Kuan,Yeh:(109)Yi-shan-gu-zhi No. 000043
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:No
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:No
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:
This matter is passed by the Board of Directors on 2022/04/25.

Warning

Ruentex Development Co. Ltd. published this content on April 25, 2022 and is solely responsible for the information contained therein. Distributed by Audienceunedited and unmodified, on Apr 25, 2022 11:28:08 AM UTC.

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