Announcement on behalf of a subsidiary to participate in a domestic real estate development bidding project | Sinyi Realty Inc. | Investor Relations

Sinyi Realty
News & Events

News & Events

2024-10-28

Back to list

Announcement on behalf of a subsidiary to participate in a domestic real estate development bidding project

Subject: Announcement on behalf of a subsidiary to participate in a domestic real estate development bidding project
To which item it meetsparagraph 51
Date of events 2024/10/28

Statement:
1.Date of occurrence of the event:2024/10/28
2.Company name:Sinyi Development Inc.
3.Relationship to the Company (please enter ”head office” or ”subsidiaries”):subsidiaries
4.Reciprocal shareholding ratios:100% directly owned
5.Cause of occurrence:The Company's board of directors resolved to participate in a domestic real estate development bidding project within the amount of not exceeding NT$3 billion, and authorized the chairman of Sinyi Development Inc.to deal with bidding and signing matters.
6.Countermeasures:Transaction conditions and other relevant information will be announced after winning the bid.
7.Any other matters that need to be specified (the information disclosure also meets the requirements of Article 7, subparagraph 9 of the Securities and Exchange Act Enforcement Rules, which brings forth a significant impact on shareholders rights or the price of the securities on public companies.): none.