China Steel Corporation's subsidiary, China Steel Solar, has announced the acquisition of land use rights in Qieding District, Kaohsiung, for the purpose of installing a solar power generation system. The transaction is with its parent company, China Steel, covering 27,500 square meters at a monthly rent of approximately NT$500,000. The total value of the right-of-use asset is approximately NT$28.55 million, with a lease term from December 117 to November 122.
1. Location: Qieding District, Kaohsiung. 2. Date: 115/5/25. 3. Transaction amount: Right-of-use asset approx. NT$28,549,046. 4. Rent: Approx. NT$500,000/month. 5. Purpose: Solar power system installation. 6. Counterparty: China Steel Corporation. 7. Term: Dec 117 to Nov 122. 8. Decision: Board resolution.
FACT BOX
- Source: PR Times
- Category: asset_acquisition
- Dates in source: 117/12 / 122/11