Board Authorizes Chairman to Execute Real Property Acquisition
Original: 公告本公司董事會決議授權董事長購置不動產相關事宜
Summary
Kinsus Interconnect Technology's Board of Directors has resolved to delegate authority to the Chairman to proceed with the purchase of real property on the company's behalf. The nature, scale, and purpose of the acquisition are not yet disclosed; full details are available on MOPS (Market Observation Post System). Investors should monitor the full announcement to assess the size of the capital commitment and its strategic rationale.
Full Translation
Subject (translated): 'Announcement that the Board of Directors has resolved to authorize the Chairman to handle matters related to the acquisition of real property.' — The Board of Kinsus Interconnect Technology (TWSE: 3189) passed a resolution granting the Chairman delegated authority to execute a real estate purchase on behalf of the company. Under Taiwan's Company Act and TWSE disclosure rules, such a board resolution constitutes a material event requiring public announcement when the property acquisition meets defined monetary thresholds. The delegation of signing authority to the Chairman (rather than requiring full board reconvening) is a standard procedural step allowing timely completion of the transaction. No details regarding the property location, purchase price, intended use, or financing have been disclosed in the subject line alone. [Body not available — subject line only. See MOPS for full announcement.]