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[NAFCO] Announcement on behalf of subsidiary MY NAFCO PRECISION SDN. BHD. regarding commissioning of factory construction on owned land

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AI Summary (NQ-processed)

NAFCO's Malaysian subsidiary commissioned a factory construction on its own land for approximately NTD 521 million to meet operational needs.

AI Analysis

Frequently Asked Questions

Q: What is the total contract amount for the commissioned factory construction?
A: The total contract amount is MYR 65,100,000, which is approximately NTD 521 million.
Q: Who is the counterparty involved in this factory construction contract?
A: The counterparty for this contract is DOUBLE SUCCESS CONSTRUCTION SDN. BHD.
Q: What is the relationship between the company and the counterparty?
A: The counterparty, DOUBLE SUCCESS CONSTRUCTION SDN. BHD., is a non-related party.
Q: What is the specific purpose of the acquisition mentioned in the announcement?
A: The specific purpose of the acquisition is to meet the company's operational needs.
Q: Were there any dissenting opinions from directors regarding this transaction?
A: No, there were no dissenting opinions of directors regarding this transaction.