Announcement on behalf of the subsidiary TITAN STAR INTERNATIONAL CO., LTD. signed a contract engaging others to build construction on own land.
· Issued by Taiwan Secom Co., Ltd.
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Today's Information
Provided by: TAIWAN SECOM CO.,LTD.
SEQ_NO
1
Date of announcement
2021/11/03
Time of announcement
16:44:11
Subject
Announcement on behalf of the subsidiary
TITAN STAR INTERNATIONAL CO., LTD. signed a contract
engaging others to build construction on own land.
Date of events
2021/11/03
To which item it meets
paragraph 20
Statement
1.Type of contract:Engaging others to build on own land.
2.Date of occurrence of the event:2021/11/03
3.Counterparty to the contract and relationship with the Company:
1)Brightron Technology and Engineering Corporation; Related-party.
2)TAI-HOU CO., LTD.; 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:
Total contract amount: NT$ 545,000,000(VAT included)
Start date of the contract:The date of signing the contract.
End date of the contract:The date of completion and acceptance of all works
and the warranty expired.
Restrictive covenants or other important terms and conditions�GNone
5.Name of the professional appraisal firm or company and its
appraisal opinion:N/A
6.Name of the real property appraiser:N/A
7.Practice certificate number of the real property appraiser:N/A
8.Concrete purpose of the acquisition:The current building is old,
TITAN STAR INTERNATIONAL CO., LTD. will build a new factory to save
manpower and improve the quality of products by utilizing automatic
production equipment.
9.Any dissenting opinions of directors to the present transaction:N/A
10.Whether the counterparty of the current transaction is a related party:Yes
11.Date of the board of directors resolution:2021/11/03
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:N/A
14.An appraisal report has not yet been obtained:N/A
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:None
