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2022-03-30

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RADIUM (2547TW)

RADIUM (2547 TW) announces 2021 earnings distribution plan with a cash dividend of NT$0.2 per share

Listed company RADIUM Life Tech. Corp., LTD. (2547 TW) announces its board of directors approved 2021 earnings distribution plan. The total amount of cash dividends distributed to shareholders is approximately NT$176 million, with an allotment of NT$ 0.2 in cash per share.

Radium started recognizing revenue from construction project “New Q Square” in 4Q 2021 with over 80% of the project been completed its final walkthrough. At the same time, Radium sped up sales of its elderly care project “The GENESIS-Sanzhi” of land base around 5,864 pings, with its elderly house “I Beautiful Life-Zhonghe” won the "Symbol of National Quality" awarded by the National Biotechnology Medical Technology Policy Center for its warming home-like service. Simultaneously, subsidiary Rih-Ding Water managing project of Taoyuan North District Water Resources Recycling System reached 110,000 households in Taoyuan and could treat 100,000 tons of sewage per day.

Complying with the government policy of encouraging reconstruction of urban aged buildings, Radium 100%-owned subsidiary Ji Shun Life has successfully integrated Qiao'an project in 1Q 2022. The said project is located at the district B of Qiao'an New Village with land size of around 1,000 pings. It is in commercial area of Taipei City, adjacent to the cultural heritage Sun Yat-Sen Memorial Hall, with MRT station on Bannan Line nearby. Ji Shun Life obtained consent of every land owner for the project to reconstruct after years of coordination. The initial plan is to build up SRC green building with garden landscape around the area. The target is to reconstruct aged buildings to raise community prosperity and safety, and make effective use of increasingly scarce land resources.

In response to trends of ESG and net-zero carbon emission, Radium invests further into circular economy business. Radium together with subsidiary Rih Ding Circular Economy Investment Holdings Co., Ltd. entered into a strategic alliance in 1Q 2022 with CTCI Corporation and its subsidiary ECOVE Environment Services Corporation.  The "Radium & CTCI Strategic Alliance" was selected as the best applicant for “Reclaimed Water BTO Project of North District Water Resources Recycling Center in Taoyuan.” The permit period is schemed to be 18 years. It is estimated to provide 40,000 metric tons of reclaimed water per day after completion of the first phase. Radium hopes to make the reclaimed water system able to regenerate water resource, so as to create a sustainable environment for the society. 

僑安案建築設計示意圖

Qiao'an Project Architectural Design Drawing

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