Rich Development Co., Ltd. Announces Termination of the Joint Construction Andsubdivision Contract with the Related Party on Land No.1067, Section 4, Bihu Section, Neihu District
September 07, 2023 at 03:01 pm IST
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Rich Development Co., Ltd. announced termination of the joint construction and subdivision contract with the related party on land No.1067, Section 4, Bihu Section, Neihu District. Joint construction ratio is 35% for the builder; 65% for the landowner. the estimated investment in the whole case is about 290 million yuan, and the land area held by the above-mentioned related party is about 106.12 ping after conversion of 46.77% of the base area of about 226.88 ping, it is estimated that the investment amount of the joint construction of the sub-housing by the participating parties is about 136 million.
Rich Development Construction Co Ltd is a Taiwan-based company primarily engaged in construction, development, leasing and distribution of residential and commercial buildings. The Company's main businesses consist of the development of buildings, which includes residential properties, commercial offices, shops and parking lots, as well as apartments, including housings, shops and parking lots. The Company is also involved in provision of commercial office leasing services, the construction of environment protection projects, the operation of hotels and restaurants and other.
Rich Development Co., Ltd. Announces Termination of the Joint Construction Andsubdivision Contract with the Related Party on Land No.1067, Section 4, Bihu Section, Neihu District
RICH DEVELOPMENT CO., LTD. 
