Cathay Real Estate Development : The Company intends to sign a joint development contract to build on land No.241th,Lot Chang-ti, Yong-he Dist., New Taipei City.
Provided by: CATHAY REAL ESTATE DEVELOPMENT CO.,LTD.
SEQ_NO
2
Date of announcement
2022/03/23
Time of announcement
18:22:20
Subject
The Company intends to sign a joint development
contract to build on land No.241th,Lot Chang-ti, Yong-he
Dist., New Taipei City.
Date of events
2022/03/23
To which item it meets
paragraph 20
Statement
1.Type of contract:Joint construction and allocation of housing units
2.Date of occurrence of the event:2022/03/23
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:
(1)Location：7 lands located at No.241th,Lot Chang-ti,Yong-he Dist.,
New Taipei City.
(2)Area of land：1,013.23㎡ (about 306.50 ping).
(3)Allocation ratio：52% to landlord, 48% to developer.
(4)Estimated construction costs: About NTD 714 million.
5.Name of the professional appraisal firm or company and its
appraisal opinion:
(1)Zonetai Real Estate Appraiser Joint Firm；
Reasonable percentage to landlord is 53.00% and to developer is 47.00%.
(2)Elite Real Estate Appraiser Joint Firm；
Reasonable percentage to landlord is 52.64% and to developer is 47.36%.
6.Name of the real property appraiser:
(1)Zhong, Shao-You.
(2)Chen, Yu-Lin.
7.Practice certificate number of the real property appraiser:
(1)101-Taipei-000187
(2)91-Taipei-000031
8.Concrete purpose of the acquisition:Development and construction for sale.
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: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: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:None
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Disclaimer
Cathay Real Estate Development Co. Ltd. published this content on 23 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2022 10:26:06 UTC.
CATHAY REAL ESTATE DEVELOPMENT CO., LTD. is a Taiwan-based company principally engaged in the property construction, development and distribution of residential buildings. The Company also provides leasing service and labor service. The Company's products mainly include elevator residential buildings. The Company conducts its businesses primarily in Taiwan.
Cathay Real Estate Development : The Company intends to sign a joint development contract to build on land No.241th,Lot Chang-ti, Yong-he Dist., New Taipei City.
CATHAY REAL ESTATE DEVELOPMENT CO.,LTD. 
