To announce Hi-Yes to sign the joint construction
contract with its subsidiary at 959 Pingtian Rd.,
Beitun Dist., Taichung City.
Date of events
2022/03/25
To which item it meets
paragraph 20
Statement
1.Type of contract:Jointly built and sold separately
2.Date of occurrence of the event:2022/03/25
3.Counterparty to the contract and relationship with the Company:
Nanyue Construction Co.,Ltd.(Subsidiary of the company)
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:
Land mark:952-2,958,958-2,959,959-2,960,963,963-2,963-3 Pingtian Rd., and
380 Renping Rd., Beitun Dist., Taichung City.
Base area:About 2,567.27 square meters(About 776.60 pings)
Allocation ratio:The proportion of joint construction is planned to
allocate 43.60% of the landlord and 56.40% of the builder.
Anticipated monetary amount of participation in the investment:
Approximately NT$8,5593 million
5.Name of the professional appraisal firm or company and its
appraisal opinion:
(1-1)Name of the professional appraisal institution:
Zhan-Mao Real Estate Appraisers Firm.
(1-2)Appraisal amount:43.16% of the landlord and 56.84% of the builder.
(2-1)Name of the professional appraisal institution:
REPro International Estate Appraisers Firm.
(2-2)Appraisal amount:43.57% of the landlord and 56.43% of the builder.
6.Name of the real property appraiser:
(1)Zhan-Mao Real Estate Appraisers Firm., TSAI,MING-HANG
(2)REPro International Estate Appraisers Firm., WU,HONG-XU
7.Practice certificate number of the real property appraiser:
(1)TSAI,MING-HANG, (109)No.000285 issued by Taipei City Government
(2)WU,HONG-XU, (94)No.000065 issued by Taipei City Government
8.Concrete purpose of the acquisition:Development and construction for sale
9.Any dissenting opinions of directors to the present transaction:None
10.Whether the counterparty of the current transaction is a related party:Yes
11.Date of the board of directors resolution:2022/03/25
12.Date of ratification by supervisors or approval by
the audit committee:2022/03/25
13.The appraisal report has a limited price, specific price,
or special price:No or NA
14.An appraisal report has not yet been obtained:No or 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:Regarding the joint
construction sub-sale proposal, the board of directors intends to authorize
the chairman of the board to handle subsequent joint construction projects
within the scope of the estimated joint construction allocation ratio after
discussion and approval, and to sign all contracts and documents related to
the above matters on behalf of the company.
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Hiyes International Co. Ltd. published this content on 25 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 March 2022 09:35:03 UTC.
Hiyes International Co., Ltd. is a Taiwan-based company principally engaged in the development, consignment and brokerage of real estate. The Companyâs main businesses include the consignment and sales of houses, planning and recommendations of products, integrated marketing of products, as well as the provision of house transfer services. The Companyâs main products include pre-sale housing, new homes, general offices, land and parking lots. The Company operates its businesses primarily in Asia.
HI-YES INTERNATIONAL CO., LTD. 
