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- Announcement on behalf of subsidiary Sinyi Development Inc. of resolution of land acquisition
2021-12-24
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Announcement on behalf of subsidiary Sinyi Development Inc. of resolution of land acquisition
Subject：Announcement on behalf of subsidiary Sinyi Development Inc. of resolution of land acquisition
To which item it meets： paragraph 20
1.Name and nature of the underlying asset (e.g., land located at Sublot XX,Lot XX, North District, Taichung City):No. 110, Section 1, Fuduxin, Xinzhuang District, New Taipei City
2.Date of occurrence of the event:2021/12/24
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),unit price, and total transaction price:
1,741 square meters, equivalent to 526.6525 pings;
Unit price:NT$ 2,000 per ping;
Total transaction price is NT$ 1,053,305 thousand.
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):
counterparty:natural person
relationship with the Company:not a related party of the Company.
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: not applicable.
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: Not applicable.
7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition): not applicable.
8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:
Pay 30% of the total transaction amount when signing the contract;
Pay 70% of the total transaction amount when paying taxes;
Restrictive covenants in the contract: none.
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 comparison and negotiation: quotations offered by market price.
Decision making unit: according to the resolution of the Company.
The Company authorized Sinyi Development Inc.'s chairperson to decide within
the approved transaction price.
10.Name of the professional appraisal firm or company and its appraisal price:
(1)Hongbang appraisal firm and its appraisal price: NT$ 1,037,501 thousand
(2)Knight Frank Valuation & Advisory and its appraisal price: NT$ 1,027,000 thousand
11.Name of the professional appraiser:
(1)Lee, chin-tang
(2)Hsu, hsiang-yi
12.Practice certificate number of the professional appraiser:
(1)certificate number 000278
(2)certificate number 000269
13.The appraisal report has a limited price, specific price, or special price: not applicable.
14.An appraisal report has not yet been obtained: not applicable.
15.Reason for an appraisal report not being obtained: not applicable.
16.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA: not applicable.
17.Name of the CPA firm: not applicable.
18.Name of the CPA: not applicable.
19.Practice certificate number of the CPA: not applicable.
20.Broker and broker's fee:
Broker:
(1)Qian Yi Development Co., Ltd.
(2)Yong tian co., Ltd.
(3)Xiang'an Real Estate Development Co., Ltd.
Broker's fee: within 1% of transaction amount.
21.Concrete purpose or use of the acquisition or disposal:
For land development and housing construction plan.
22.Any dissenting opinions of directors to the present transaction: no.
23.Whether the counterparty of the current transaction is a
related party: no.
24.Date of the board of directors resolution:2021/12/24
25.Date of ratification by supervisors or approval by the audit committee:2021/12/24
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 Companies:not applicable.
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: not applicable.
29.Any other matters that need to be specified: none.
To which item it meets： paragraph 20
1.Name and nature of the underlying asset (e.g., land located at Sublot XX,Lot XX, North District, Taichung City):No. 110, Section 1, Fuduxin, Xinzhuang District, New Taipei City
2.Date of occurrence of the event:2021/12/24
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),unit price, and total transaction price:
1,741 square meters, equivalent to 526.6525 pings;
Unit price:NT$ 2,000 per ping;
Total transaction price is NT$ 1,053,305 thousand.
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):
counterparty:natural person
relationship with the Company:not a related party of the Company.
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: not applicable.
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: Not applicable.
7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition): not applicable.
8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:
Pay 30% of the total transaction amount when signing the contract;
Pay 70% of the total transaction amount when paying taxes;
Restrictive covenants in the contract: none.
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 comparison and negotiation: quotations offered by market price.
Decision making unit: according to the resolution of the Company.
The Company authorized Sinyi Development Inc.'s chairperson to decide within
the approved transaction price.
10.Name of the professional appraisal firm or company and its appraisal price:
(1)Hongbang appraisal firm and its appraisal price: NT$ 1,037,501 thousand
(2)Knight Frank Valuation & Advisory and its appraisal price: NT$ 1,027,000 thousand
11.Name of the professional appraiser:
(1)Lee, chin-tang
(2)Hsu, hsiang-yi
12.Practice certificate number of the professional appraiser:
(1)certificate number 000278
(2)certificate number 000269
13.The appraisal report has a limited price, specific price, or special price: not applicable.
14.An appraisal report has not yet been obtained: not applicable.
15.Reason for an appraisal report not being obtained: not applicable.
16.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA: not applicable.
17.Name of the CPA firm: not applicable.
18.Name of the CPA: not applicable.
19.Practice certificate number of the CPA: not applicable.
20.Broker and broker's fee:
Broker:
(1)Qian Yi Development Co., Ltd.
(2)Yong tian co., Ltd.
(3)Xiang'an Real Estate Development Co., Ltd.
Broker's fee: within 1% of transaction amount.
21.Concrete purpose or use of the acquisition or disposal:
For land development and housing construction plan.
22.Any dissenting opinions of directors to the present transaction: no.
23.Whether the counterparty of the current transaction is a
related party: no.
24.Date of the board of directors resolution:2021/12/24
25.Date of ratification by supervisors or approval by the audit committee:2021/12/24
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 Companies:not applicable.
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: not applicable.
29.Any other matters that need to be specified: none.