Sweeten Real Estate Development Co. Ltd.TWSE: 5525

Announcement of the Company's contract for the new construction of the villa project in Xinguang section, Taiping District, Taichung city

· Issued by Sweeten Real Estate Development Co. Ltd.
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Provided by: SWEETEN REAL ESTATE DEVELOPMENT CO.,LTD.
SEQ_NO 2 Date of announcement 2022/02/17 Time of announcement 18:29:00
Subject
 Announcement of the Company's contract for the
new construction of the villa project in Xinguang
section, Taiping District, Taichung city
Date of events 2022/02/17 To which item it meets paragraph 20
Statement
1.Type of contract:commissioning others to build on own land
2.Date of occurrence of the event:2022/02/17
3.Counterparty to the contract and relationship with the Company:
Counterparty to the contract:Jian-Gao Engineer Co.,Ltd.
Relationship with the Company:Subsidiary
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:
1.Total contract amount:NT$142,200,000 (including business tax)
2.Restrictive covenants, and other important terms and conditions:None
5.Name of the professional appraisal firm or company and its
appraisal opinion:NA
6.Name of the real property appraiser:NA
7.Practice certificate number of the real property appraiser:NA
8.Concrete purpose of the acquisition:Construction of residential for sale
9.Any dissenting opinions of directors to the present transaction:NA
10.Whether the counterparty of the current transaction is a related party:Yes
11.Date of the board of directors resolution:2022/02/17
12.Date of ratification by supervisors or approval by
the audit committee:2022/02/17
13.The appraisal report has a limited price, specific price,
or special price:NA
14.An appraisal report has not yet been obtained:NA
15.Reason for an appraisal report not being obtained:NA
16.Reason for any significant discrepancy with the appraisal reports and
opinion of the CPA:NA
17.Name of the CPA firm:NA
18.Name of the CPA:NA
19.Practice certificate number of the CPA:NA
20.Any other matters that need to be specified:None

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