To announce an acquisition of the right-of-use asset of real property

Date of Announcement Time of Announcement Spokesman Title of Spokesman Telephone
2022/05/06 20:49:23 Kim Yu Financial Controller 03-3289289


1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):
Factory building, Located at (building B)7F~10F, No. 209, Sec. 1, Nangang Rd., Nangang Dist., Taipei City 115
2.Date of the occurrence of the event:2022/05/06~2022/05/06
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:
Transaction amount:
(1)Transaction volume:1702.4 ping
(2)Price per unit:NT$ 1,650 per ping per month (tax excluded)
(3)Total amount of rent:NT$ 2,808,960 per month (tax excluded)
(4)Amount of right-of-use assets:NT$ 172,370,464
4.Trading counterparty and its relationship to the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be disclosed):Lien Hwa Property Development Corp.; Not related party
5.Where the trading counterparty is a related party, announcement shall also be made of the reason for
choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary value of transfer:NA
6.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of
acquisition and disposal by the related party, and its relationship to the Company at the time of the transaction:NA
7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition):NA
8.Terms of delivery or payment (including payment period and monetary value), restrictive covenants in the contract, and other important terms and conditions:
(1)Terms of delivery or payment:Monthly payment
(2)Lease period:2022/6/1~2027/5/31
(3)Contract limitation clauses and other important agreements:NIL
9.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making department:
(1)The manner of deciding on this transaction: Negotiation by market price
(2)The decision-making department: Board of directors
10.Name of the professional appraisal firm or company and its appraisal price:
(1)Name of the professional appraisal firm:Euro-Asia Real Estate Appraisal Associates
(2)Appraisal price:NT$ 148,559,860
11.Name of the professional appraiser:Tsung-Ting Hsieh
12.Practice certificate number of the professional appraiser:(2021)Kaohsiung Estimation No. 000120
13.The appraisal report has a limited price, specific price, or special price:NA
14.An appraisal report has not yet been obtained:NA
15.Reason for an appraisal report not being obtained:NA
16.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA:NA
17.Name of the CPA firm:NA
18.Name of the CPA:NA
19.Practice certificate number of the CPA:NA
20.Broker and broker's fee:NA
21.Concrete purpose or use of the acquisition or disposal:Existing office building renewal
22.Any dissenting opinions of directors to the present transaction:NA
23.Whether the counterparty of the current transaction  is a related party:NO
24.Date of the board of directors’ resolution:2022/05/06
25.Date of ratification by supervisors or approval
by the audit committee:2022/05/06
26.The transaction is to acquire a real property or right-of-use asset from a related party:NO
27.The price assessed in accordance with the Article 16 of the Regulations Governing the Acquisition and Disposal of Assets by Public ompanies:NA
28.Where the above assessed price is lower than the transaction price, the price assessed in accordance with the Article 17 of the same regulations:NA
29.Any other matters that need to be specified:NIL