Jv contract, with land bank located in Guishan
District, Taoyuan City.
Date of events
2022/04/26
To which item it meets
paragraph 20
Statement
1.Type of contract:Jv contract
2.Date of occurrence of the event:2022/04/26
3.Counterparty to the contract and relationship with the Company:
Transaction party:Shuguang Construction Ltd.
Relationship with company:No
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)Average slip ratio for overall JV contract, 41.25% to landlord,
58.75% to developer.
(2)Total estimated construction costs amount to NTD 2.8bn.
5.Name of the professional appraisal firm or company and its
appraisal opinion:
Because of the limited timing of transaction, the appraisal report has
not yet been obtained.
6.Name of the real property appraiser:
Because of the limited timing of transaction, the appraisal report has
not yet been obtained.
7.Practice certificate number of the real property appraiser:
Because of the limited timing of transaction, the appraisal report has
not yet been obtained.
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:NA
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:Yes
15.Reason for an appraisal report not being obtained:
Because of the limited timing of transaction, the appraisal report has
not yet been obtained.
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:No
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Farglory Land Development Co. Ltd. published this content on 26 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2022 10:30:06 UTC.
Farglory Land Development Co., LTD. is a Taiwan-based company principally engaged in the property development business. The Company mainly operates its business through two segments: Property Development segment and Property Construction segment. The Property Development segment is mainly engaged in the development, construction and sales of residential buildings, industrial buildings and commercial buildings, the leasing of residential and office buildings, as well as the sales of other properties. The Company mainly operates its business in Taiwan markets.
FARGLORY LAND DEVELOPMENT CO., LTD. 
