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[TCC] Announcement regarding subsidiary TCC Asset Management and Development Co., Ltd. Board Resolution to Approve Budget for Xinyi District, Taipei City Development Project

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TCC's subsidiary, TCC Asset Management and Development Co., Ltd., announced its board has approved a budget of approximately NT$26.8 billion for a development project in Taipei's Xinyi District. Funding will come from internal capital and bank financing, aimed at meeting operational needs.

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Frequently Asked Questions

Q: What is the date of the board or shareholders' meeting resolution?
A: The board or shareholders' meeting resolution was passed on 115/04/08.
Q: Which subsidiary of TCC is involved in this development project announcement?
A: The subsidiary involved in the announcement is TCC Asset Management and Development Co., Ltd.
Q: What is the estimated investment amount for the Xinyi District development project?
A: The estimated investment amount for this development project is approximately NT$26.8 billion.
Q: What are the funding sources for the Xinyi District development project?
A: The development project will be funded through own funds and bank financing.
Q: What is the specific purpose of the approved budget for the development project?
A: The specific purpose of the approved budget for the development project is for operational needs.