KTC Business Summary

King's Town Construction Co., Ltd. (KTC) is a leading real estate developer primarily focused on the Southern Taiwan market, specifically Kaohsiung, Tainan, and Pingtung. The company generates revenue through a dual-track model: the development and sale of residential and commercial properties, and a recurring income stream from the leasing of office spaces, parking lots, and luxury residential units. KTC operates through two primary business segments: the Construction Department, which manages large-scale urban development projects such as "King Park" and "Exquisite Palace," and the Accommodation Department, which oversees hotel and restaurant operations, including the flagship H2O Hotel in Kaohsiung. Within the competitive landscape, KTC competes directly with major Taiwanese developers such as Huaku Development (2548.TW), Advancetek Enterprise (1442.TW), and YeaShin International Development (5213.TPEX). KTC distinguishes itself as the dominant "land lord" of Kaohsiung, leveraging a massive land bank and deep local expertise to maintain a premium position in the regional luxury housing sector. Founded in 1982 by self-made billionaire Tsai Tien-Tsan (formerly as Wei Cheng Construction), the company remains under the tight control of its founding family. As of March 2026, Tsai Tien-Tsan continues to lead the organization in the dual role of Chairman and General Manager (CEO), a position he assumed following the passing of former GM Chen Tian-Jinn in 2022. The executive leadership team is supported by Vice President and Representative Director Chen Jin-Xing, who oversees land development, and Associate Manager Bruce Chou, who serves as the primary corporate spokesperson. The board of directors includes prominent members such as Li Shi-Xiong and Tsai-Hsueh Mei-Yun. Notable institutional stability is provided by major shareholders Tiangang Investment and Tianlai Investment, both of which are primary investment vehicles for the Tsai family, ensuring long-term strategic alignment with the company’s regional expansion goals.