9945 Run-Tai New Announces Subsidiary's Construction Contract for Xindu Project
AI Summary (NQ-processed)
Run-Tai New has announced that its subsidiary, Run-Tai Construction, has entered into a construction contract with Run-Hong Precision Engineering for the Xindu Segment New Construction Project, with a total contract value of NT$1.492 billion (excluding tax), classified as a related-party transaction.
AI Analysis
Frequently Asked Questions
Q: What is the relationship between Run-Tai New and Run-Hong Precision?
A: Run-Hong is a affiliated engineering company under the Run-Tai Group, specializing in prefabricated construction.
Q: How long is the construction period for the Xindu project?
A: The project spans 1,300 calendar days from layout approval to occupancy permit.
Q: Is this transaction transparent?
A: Yes, multiple independent appraisers including Chung-Ting and Chung-Lien have evaluated the project.