3703 Hsin Chong | Subsidiary Announces Sale of Real Estate and Parking Spaces in Zhubei, Hsinchu County to Related Party
AI Summary (NQ-processed)
Hsin Chong Investment Holding's subsidiary, Mainland Construction Co., Ltd., has announced the sale of two residential units and three parking spaces in the 'Shih Hua' project in Zhubei City, Hsinchu County, to a related party. The total transaction value is NT$77.66 million, with an estimated disposal profit margin of approximately 13%.
AI Analysis
Frequently Asked Questions
Q: Where is the property involved in this transaction located?
A: Two residential units and three parking spaces in the 'Shih Hua' project, Zhubei City, Hsinchu County.
Q: Who is the counterparty?
A: Wang Wei-Fan, Deputy General Manager of the Legal Department at Hsin Chong Investment Holding.
Q: Why was a related party selected as the buyer?
A: The property is part of a publicly sold project with no buyer restrictions.
Q: What is the expected profit from this transaction?
A: The estimated disposal profit margin is approximately 13%.
Q: How was the transaction price determined?
A: Through negotiation, based on market rates and group employee home purchase guidelines.