Statement |
1.Name and nature of the subject matter (e.g.land located at
Sublot XX, Lot XX, North District, Taichung City):
The land use rights, buildings and equipment at No. 6 Hengshan Road,
New District, Suzhou, China
2.Date of the occurrence of the event:2018/04/27
3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing),
unit price, total transaction price:
Land size: 117,832.80 square meter
Gross floor area: 64,767.65 square meter
Compensation for Far Eastern Industries (Suzhou) (FEIZ): RMB 645,565,622
Compensation for Sino-Belgium Beer (Suzhou) (SBBZ): RMB 68,484,606
4.Counterparty to the trade and its relationship with the company (if
the trading counterpart is a natural person and is not an actual related
party of the Company, the name of the trading counterpart is not
required to be disclosed):
Counter Party:
Suzhou New District (Huqiu District) Land Reserve Center
Suzhou National New & Hi-tech Industrial Development Zone
Relationship with the Company: NIL
5.Where the counterpart to the trade is an actual related party, a
public announcement shall also include the reason for choosing the
related party as trading counterpart and the identity of the
previous owner (including its relationship with the company and
the trading counterpart), price of transfer and the date of
acquisition:N/A
6.Where a person who owned the property within the past five years has
been an actual related person of the company, a public announcement
shall also include the dates and prices of acquisition and disposal
by the related person and the person’s relationship to the company
at those times:N/A
7.Anticipated loss or profit from the disposal (not applicable in cases
of acquisition of assets) (where originally deferred, the status or
recognition shall be stated and explained):
The estimated disposal gain is around RMB 370 million. Due to
fees and tax expenses may incur during the relocation, the final number
is subject to the Audit of CPA.
8.Terms of delivery or payment (including payment period and monetary
amount), restrictive covenants in the contract,
and other important stipulations:
In accordance with the agreement
9.The manner of deciding on this transaction (such as tender invitation,
price comparison, or price negotiation), the reference basis for the
decision on price and the decision-making department:
Per regulations of the Management Board of Suzhou National New & Hi-tech
Industrial Development Zone regarding the relocation compensation,
FEIZ & SBBZ signed the agreements with the authorities.
10.Name of the professional appraisal institution and its appraisal
amount:N/A
11.Reason for any significant discrepancy with the transaction amount,
and opinion of the certifying CPA:N/A
12.Is the appraisal report price a limited price or specific price?:N/A
13.Has an appraisal report not yet been obtained?:N/A
14.Reason for an appraisal report not been obtained:N/A
15.Broker and broker's fee:NIL
16.Concrete purpose or use of the acquisition or disposal:
Per policy-based relocation
17.Do the directors have any objection to the present transaction?:NIL
18.Any other matters that need to be specified:NIL
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