King's Town Construction Co., Ltd.TWSE: 2524

The contents of the 2021 unformatted consolidated financial statements filed by the Company are corrected.

· Issued by King's Town Construction Co., LTD.
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Provided by: King's Town Construction Co., LTD.
SEQ_NO 1 Date of announcement 2022/05/24 Time of announcement 16:44:09
Subject
 The contents of the 2021 unformatted consolidated
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 44 of the 2021 unformatted
 consolidated financial statements is corrected.
6.Information items/ statements to be corrected:
 2021 Unformatted Consolidated Financial Statements.
7.Amounts/ contents/ number of page to be corrected:
 Description of the major account titles on page 44
 Accounts receivable
 Measured at amortized cost
 No more than one year                               $132,000      $106,019
 Less: An allowance for bad debt - accounts receivable    (22)          (22)
                                                   -------------------------
 Total                                               $131,978      $105,997
                                                   =========================
8.Amounts/ contents/ number of page after correction:
 Description of the major account titles on page 44
 Accounts receivable
 Measured at amortized cost
 No more than one year                               $131,978      $105,997
    more than one year                                     22            22
 Less: An allowance for bad debt - accounts receivable    (22)          (22)
                                                   -------------------------
 Total                                               $131,978      $105,997
                                                   =========================
9.Countermeasures:
 The description of accounts receivable on page 44 of the 2021 unformatted
 consolidated financial statements is corrected.
10.Any other matters that need to be specified:N/A

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