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Announcement of the Company's subsidiary's participation in a real estate auction
To which item it meets:paragraph 51
Date of events:2021/07/07
Statement:
- Date of occurrence of the event:2021/07/07
- Company name:Sinyi Development Inc.
- Relationship to the Company (please enter ”head office” or ”subsidiaries”):subsidiary
- Reciprocal shareholding ratios:100%
- Cause of occurrence:
The board of dierctors approved a wholly owned subsidiary, Sinyi Development Inc. to participate in a real estate auction and that the chairman of Sinyi Development Inc. is authorized to be in charge of it.
- Countermeasures:Relevant information such as trading conditions will be announced after the bid is awarded.
- Any other matters that need to be specified:none