Announcement for the Board's resolution on matters related to plant construction with contractor on behalf of the subsidiary Vietnam Paihong Company.
· Issued by Paiho Shih Holdings Corporation
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Today's Information
Provided by: PAIHO SHIH HOLDINGS CORPORATION
SEQ_NO
13
Date of announcement
2022/03/25
Time of announcement
19:30:31
Subject
Announcement for the Board's resolution on
matters related to plant construction with contractor
on behalf of the subsidiary Vietnam Paihong Company.
Date of events
2022/03/25
To which item it meets
paragraph 20
Statement
1.Type of contract:
Engaging others to build its on own land
2.Date of occurrence of the event:2021/05/22~2022/03/25
3.Counterparty to the contract and relationship with the Company:
Counterparty to the contract:
NEWTECONS INVESTMENT CONSTRUCTION JOINT STOCK COMPANY.
Relationship with the Company: None.
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:
VND 1,252,996,539 thousand (excluding tax), of which
project contracted with a total amount of
VND 104,903,039 thousand (excluding tax).
Start and end dates of the contract:
According the time schedule of the construction plans,
Vietnam Paihong Limited Company contracts them according
to the project.
Restrictive covenants, and other important
terms and conditions:None.
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:
In response to the needs of future operation development.
9.Any dissenting opinions of directors to the present transaction:None.
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: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.
