Market Alert! Two Major Builders Frequently Issue Important Announcements

According to reports from the Financial Center, two major listed construction companies, Hsin Fu Fa and Ai Shan Lin, simultaneously released significant announcements on April 22, attracting considerable market attention. Hsin Fu Fa's board of directors approved the plan for the stock dividend and capital increase on the same day, planning to issue 102,527,788 new shares, totaling 1,025,277,880 New Taiwan Dollars. They will also allocate 50 shares for every thousand shares without charge. This capital increase will be funded by the company's retained earnings rather than a general declaration, and the rights and obligations will remain consistent with existing common shares. The company indicated that this capital increase is aimed at enhancing operational funds to meet future business development needs.
In addition to the capital increase, Hsin Fu Fa also approved a cash dividend plan of 2 New Taiwan Dollars per share and a capital increase allocation of 0.5 New Taiwan Dollars from retained earnings, totaling 4,101,115,502 New Taiwan Dollars in cash dividends and 102,527,788 shares for capital increase allocation. This plan needs to be approved by the shareholders' meeting and authorized by regulatory authorities before the board can set an implementation date. In the event of share changes due to stock buybacks or new share issuances, the board will be granted the authority to adjust the allocation ratios accordingly to ensure fairness.
On the other hand, Ai Shan Lin announced a significant asset acquisition plan. The company's board of directors approved the purchase of 16 pieces of land located in Keelung City's Zhongzheng District, with a total transaction area of 64,894.08 square meters, equating to approximately 19,630.46 pings, for a total transaction amount of 1,570,437,220 New Taiwan Dollars. The land is categorized into residential areas (I) priced at 62,000 New Taiwan Dollars per ping, residential areas (II) at 82,300 New Taiwan Dollars per ping, and road land at 42,641 New Taiwan Dollars per ping. The transaction was completed through negotiation and referenced market conditions and appraisals from real estate appraisers, with appraisals slightly higher than the actual transaction price. According to Ai Shan Lin's explanation, the acquired land will be used for the construction of residential buildings, enhancing operational layout and improving long-term profitability.
The simultaneous announcements of different nature by both companies not only demonstrate their proactive planning for future development, but also reflect significant investment momentum and capital flexibility in the construction industry under the current economic environment, bringing positive benefits to the overall market.