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CATCHER Announces Board Resolution Authorizing Chairman to Acquire Real Estate

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AI Summary (NQ-processed)

Catcher Technology Inc. announced that its board of directors has authorized the chairman to acquire real estate in northern Taiwan, with a total budget not exceeding NT$2.5 billion, to support capacity expansion.

AI Analysis

Frequently Asked Questions

Q: Why is Catcher acquiring real estate?
A: To expand production capacity and support future business growth in northern Taiwan.
Q: What is the budget for the acquisition?
A: Up to NT$2.5 billion, authorized for the chairman to execute cumulatively.
Q: Where will the property be located?
A: In northern Taiwan, to be acquired from non-related parties for factory use.
Q: When will the deal be finalized?
A: Transaction details will be confirmed and announced by July 31, 2026.
Q: Is this announcement significant?
A: Yes, it's a material event that may affect shareholder权益 and stock price.