SEQ_NO |
3 |
Date of announcement |
2024/03/22 |
Time of announcement |
17:32:11 |
Subject |
Yuan-Ding Co., Ltd., FENC’s subsidiary, plans to acquire the right-of-use assets from a related party |
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Date of events |
2024/03/22 |
To which item it meets |
paragraph 20 |
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Statement |
1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City): The right-of-use assets of Land No. 182, 182-3 & 182-4, at 6th subsection, Tonghua Section, Da’an Dist., Taipei City 2.Date of occurrence of the event:2024/03/22 3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price: Rental area of Land: 7,648.64 square meters, equivalent to 2,313.71 pings Unit price: 2024/3/31~2034/3/31, annual rent of NT$ 470,000,000 Right-of-use assets: NT$ 4,295,444,000 4.Trading counterparty and its relationship with 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): Trading counterpart: (1)Far Eastern Resources Development Co., Ltd.(FERD) (2)Asia Cement Corporation Relationship with the company: (1) Yuan-Ding Co. Ltd.(YDC) and FERD are both FENC’s subsidiaries (2) Affiliated companies 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 amount of transfer: (1)To ensure its ongoing right-of-use of the Taipei Metro Tower and to maximize its socio-economic benefits, YDC has entered into a land lease agreement with the landowner. (2)N/A 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 with the Company at the time of the transaction:N/A 7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition):N/A 8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: In accordance with the contract 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 unit: Price negotiation / Market price / Board of Directors 10.Name of the professional appraisal firm or company and its appraisal price: (1)DTZ/Cushman & Wakefield LLP NT$4,298,468,000 (2)Colliers International NT$4,301,741,000 11.Name of the professional appraiser: (1)Hank CH Tsai (2)Jian-Hui Gu, You-Xuan Chai 12.Practice certificate number of the professional appraiser: (1)(94) TCG_NO.000080 (2)(96) TCG_NO.000105, (112) TCG_NO.000322 13.The appraisal report has a limited price, specific price, or special price:No 14.An appraisal report has not yet been obtained:No 15.Reason for an appraisal report not being obtained:N/A 16.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA:N/A 17.Name of the CPA firm:N/A 18.Name of the CPA:N/A 19.Practice certificate number of the CPA:N/A 20.Broker and broker's fee:N/A 21.Concrete purpose or use of the acquisition or disposal: As an office and operational site 22.Any dissenting opinions of directors to the present transaction:NIL 23.Whether the counterparty of the current transaction is a related party:Yes 24.Date of the board of directors resolution:2024/03/22 25.Date of ratification by supervisors or approval by the audit committee:2024/03/22 26.The transaction is to acquire a real property or right-of-use asset from a related party:Yes 27.The price assessed in accordance with the Article 16 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies:N/A 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:N/A 29.Any other matters that need to be specified:NIL |