Farglory Land Development Co., Ltd. announced that Type of contract: Engaging others to build on the land of JV contract. Counterparty to the contract and relationship with the Company: Transaction party: Farglory Construction Co., Ltd. Relationship with company: Subsidiary. 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: TWD 3,105,776,000.
Concrete purpose of the acquisition: For the construction project in order to enlarge the revenue. Date of the board of directors resolution: March 13, 2025. Date of ratification by supervisors or approval by the audit committee: March 13, 2025.
