The contents of the 2021 unformatted standalone
financial statements filed by the Company are corrected.
Date of events
2022/05/24
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/05/24
2.Company name:KTC
3.Relationship with the Company (please enter "the company itself"
or "subsidiaries"):The Company
4.Reciprocal shareholding percentage:N/A
5.Cause of occurrence:
The description of accounts receivable on page 40 of the 2021 unformatted
standalone financial statements is corrected.
6.Information items/ statements to be corrected:
2021 Unformatted Standalone Financial Statements.
7.Amounts/ contents/ number of page to be corrected:
Description of the major account titles on page 40
Accounts receivable
Measured at amortized cost
No more than one year $132,068 $101,539
Less: An allowance for bad debt - accounts receivable (22) (22)
-------------------------
Total $130,046 $101,517
=========================
8.Amounts/ contents/ number of page after correction:
Description of the major account titles on page 40
Accounts receivable
Measured at amortized cost
No more than one year $130,046 $101,517
more than one year 22 22
Less: An allowance for bad debt - accounts receivable (22) (22)
-------------------------
Total $130,046 $101,517
=========================
9.Countermeasures:
The description of accounts receivable on page 40 of the 2021 unformatted
standalone financial statements is corrected.
10.Any other matters that need to be specified:N/A
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Disclaimer
King's Town Construction Co. Ltd. published this content on 24 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 May 2022 08:47:05 UTC.
King's Town Construction Co., LTD. is a Taiwan-based company principally engaged in the sales of buildings and lands. The Company is engaged in the construction of commercial buildings, residential buildings and car parks for sale and for rental. Its projects include JUDAN, SHUISENLIN, HULIFANG and TIANFENG, among others. The Company is also engaged in the operation of hotels and restaurants through one of its subsidiaries. The Company operates businesses in Kaohsiung City, Tainan County and Pingtung County of Taiwan.
KING'S TOWN CONSTRUCTION CO., LTD. 
