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- Announcement on behalf of the Company’s subsidiary of its holding the groundbreaking ceremony for the construction of the hotel
2023-11-20
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Announcement on behalf of the Company’s subsidiary of its holding the groundbreaking ceremony for the construction of the hotel
Subject：Announcement on behalf of the Company’s subsidiary of its holding the groundbreaking ceremony for the construction of the hotel
To which item it meets：paragraph 51
Date of events： 2023/11/20
Statement:
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.
To which item it meets：paragraph 51
Date of events： 2023/11/20
Statement:
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.