Announcement for the acquisition of land on behalf of
PT. SAN FANG INDONESIA, a subsidiary of San Fang Chemical.
Date of events
2022/08/09
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/08/09
2.Company name:PT. SAN FANG INDONESIA
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):subsidiaries
4.Reciprocal shareholding ratios:100%
5.Cause of occurrence:For the reason of expanding the business scale,
PT. SAN FANG INDONESIA is going to purchase a nearby land around 50,000
square meter. Based on the company article of "Regulations Governing
the Acquisition and Disposal of Assets",the company will proceed
the required procedures after receiving the assessment report
from the real estate appraiser.
6.Countermeasures:In the future,if the purchasing price meets the disclosure
requirements, the comapny will publish announcements accordingly.
7.Any other matters that need to be specified:None
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Disclaimer
San Fang Chemical Industry Co. Ltd. published this content on 09 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2022 08:45:01 UTC.
SAN FANG CHEMICAL INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacture and sales of leather products. The products of the Company include wet synthetic leather, ultrafine artificial leather, dry and environmental friendly synthetic leather and other film materials. Its products are applied in footwear materials, furniture, balls, automotive materials, covering materials for electronic products, medical materials and construction materials, among others. The Company operates businesses in Taiwan, China, Hong Kong and Southeast Asia.