Hua Jian Announces Signing of Construction Contract for 'Fengming Section, Yingge District, New Taipei City' with Subsidiary Hua Jian Construction Co., Ltd.
AI Summary (NQ-processed)
Hua Jian has signed a new construction contracting agreement with its subsidiary, Hua Jian Construction Co., Ltd., for the 'Fengming Section, Yingge District, New Taipei City' project, with a total contract value of NT$114.9 million (excluding tax), aiming to build residential units for sale and generate profit.
AI Analysis
Frequently Asked Questions
Q: Where is the construction site located?
A: The project is located in Fengming Section, Yingge District, New Taipei City, an area with stable housing demand and good transportation access.
Q: What is the contract value?
A: The contract amount is NT$114,901,800 (excluding tax), with board authorization up to NT$126,391,980.
Q: Why contract to a subsidiary?
A: In-house contracting ensures better quality control, cost transparency, and project timeline management within the group.