1.Date of occurrence of the event:2022/02/18
2.Company name:SanFarProperty Limited
3.Relationship with the Company (please enter "the company itself" or
"subsidiaries"):the company itself
4.Reciprocal shareholding percentage:None
5.Name of the reporting media:Chinatimes.Udn.ETtoday.Apple Online on February
18.2022
6.Content of the report:
Chinatimes
Former Chairman once said he was sent to the mental hospital by his wife.
The former Chairman of Sanfar Property Lted. turned himself in and was
searched about 220 million NT dollars of cash in his house.
Udn
The former Chairman couple of Sanfar Property Lted. was seizure about
more than 200 million NT dollars by prosecuters.
ETtoday
Former Chairman once said he was sent to the mental hospital by his wife.
The former Chairman of Sanfar Property Lted. turned himself in and was
searched about 220 million NT dollars of cash in his house.
Apple Online
The former Chairman couple of Sanfar Property Lted. was seizure about
220 million NT dollars by prosecuters.
7.Cause of occurrence:Media Reports
8.Countermeasures:
(1)The Company cooperates with Prosecutors Office about investigation
on 2022/02/17.
Based on the investigation is not public, we don't know the reason why
the investion.The search process is peaceful, the Prosecutors looked up
the subsidiary ledger ranged from 2014-2020 which was related to the
commission expenses.
Some contracts are seized. Reporting about Cash, gold bars and precious
watches are not the assets of the company.
(2)Colleagues surnamed Cai and Wang cooperated with the investigation
and handling of the case, and both requested to be returned without
guarantee on 2022/02/18.
9.Any other matters that need to be specified:There is no effect on
the Company's finances and business.
The company will cooperate with the Prosecutors Office.
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San Far Property Ltd. published this content on 18 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2022 12:31:05 UTC.
San Far Property Limited is a Taiwan-based company principally engaged in the development and distribution of properties. The Company mainly operates through two business segments. The Construction segment is principally engaged in the development, leasing and sales of residential and commercial buildings, as well as the civil engineering and construction operation businesses. The Audio and Video Products segment is mainly engaged in the production, publication and sales of compact discs (CDs), digital video disks (DVDs) and other audio and video products, as well as the importing and exporting businesses. The Company mainly operates its businesses in domestic market, include the New Taipei City, Taipei City, Kaohsiung City and Tainan City.