Kuo Yang Construction Co., Ltd.TWSE: 2505

The Company intends to enter a joint venture agreement as per the resolution of its Board of Directors and construction contract

· Issued by Kuo Yang Construction Co., Ltd.
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Provided by: KUO YANG CONSTRUCTION CO.,LTD
SEQ_NO 2 Date of announcement 2022/03/30 Time of announcement 17:34:52
Subject
 The Company intends to enter a joint
venture agreement as per the resolution of
its Board of Directors and construction contract
Date of events 2022/03/30 To which item it meets paragraph 51
Statement
1.Date of occurrence of the event:2022/03/30
2.Company name:The company and Taiwan Life Insurance Co., Ltd.
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):Non-related party
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:
The Company submitted a tender bid together with
Taiwan Life Insurance Co., Ltd. for the [Project to
 Implement Urban Renovation of the Three Urban Renovation
 Initiatives in the Kaohsiung Multi-functional Commerce
 and Trade Park (South Base-North)].@The Company was
 chosen as the most advantageous tenderer and will
 contribute 80% of the investment amount. Both parties
 intend to sign a joint venture agreement and form a new
 company that will sign a contractor agreement with the
 Kaohsiung City Government.
6.Countermeasures:No
7.Any other matters that need to be specified:No

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