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CHB's construction costs for participating in "2 lands including No.764 and 764-1, Subsection 1,Changchun Section,Zhongshan District,Taipei Urban Renewal Project".

  1. 1.Date of occurrence of the event:2021/10/22
  2. 2.Company name:CHANG HWA COMMERCIAL BANK, LTD.
  3. 3.Relationship to the Company (please enter ”head office” or ”subsidiaries”):Head office
  4. 4.Reciprocal shareholding ratios:NA
  5. 5.Cause of occurrence:CHB participates in “2 lands including No. 764 and 764-1, Subsection 1, Changchun Section, Zhongshan District, Taipei City Urban Renewal Project”. The bid for the construction project has been awarded. The awarded tenderer is “TAIWAN KUMAGAI CO., LTD.”, and the tender awarding price is NT$4,299,000,000. The ratio of rights to value of CHB is 12.54326%. The amount CHB invested in this case is approximately NT$539,234,747.
  6. 6.Countermeasures:None
  7. 7.Any other matters that need to be specified:The actual amount of the construction costs in this case will be as stated in the contract . The contract for this case will be entered into by the agent “CHINA REAL ESTATE MANAGEMENT CO., LTD.” and “TAIWAN KUMAGAI CO., LTD.”, neither of them is a related party of CHB.