11.20.2023
Announcement on behalf of the Company’s subsidiary of its holding the groundbreaking ceremony for th
Announcement on behalf of the Company’s
subsidiary of its holding the groundbreaking ceremony for
the construction of the hotel
1.Date of occurrence of the event:2023/11/20
2.Company name:Zhancheng Tourism Development Sdn. Bhd.
3.Relationship to the Company (please enter ”head office” or
”subsidiaries”):subsidiaries
4.Reciprocal shareholding ratios:100%
5.Cause of occurrence:The Company's 100% directly-owned
subsidiary, Zhancheng Tourism Development Sdn. Bhd.,
partnered with IHG Group to build the ”InterContinental
Kota Kinabalu Resort Sabah” in Menlinsung, Sabah, Malaysia,
and the groundbreaking ceremony for the construction of the
hotel was held on November 20, 2023. The whole cost of
construction project is expected to be RM$1 billion
(approximately of NT$6.7 billion) which should be
approved by the Board of Directors of Zhancheng Tourism
Development Sdn. Bhd. and the Company, respectively.
Please kindly refer to the announcement information
of the Company on the Market Observation Post System at that time.
6.Countermeasures:Not applicable
7.Any other matters that need to be specified (the information disclosure
also meets the requirements of Article 7, subparagraph 9 of the Securities
and Exchange Act Enforcement Rules, which brings forth a significant impact
on shareholders rights or the price of the securities on public companies.):
None.
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