The company leases plant and land from Chung Hung Steel Company
2021 Aug 03
Name and nature of the underlying asset (e.g., land located at Sublot XX,Lot XX, North District, Taichung City):Building and land located at No. 24,Yanhai 3rd Rd., Xiaogang Dist., Kaohsiung City
Date of occurrence of the event:2021/08/03
Transaction unit amount (e.g.XX square meters, equivalent to XX ping),unit price, and total transaction price:Land Volume: 671 Taiwanese ping.Plant Volume:380 Taiwanese ping. Monthly rent: NTD 194,520. Total transaction price: around NTD 6,932,026.
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):Brother company of the company
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:Due to production needs, the company leased the plant and land at No 24,Yanhai 3rd Rd., Xiaogang Dist., Kaohsiung City from Chung Hung Steel Company as the raw material storage area of ??the coal tar processing plant, because the site is close to the coal tar production plant.
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
Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition):N/A
Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract,and other important terms and conditions: Monetary amount: monthly rent is around NTD194,520. Payment term: every month. Rental period : 2021/09/1 to 2022/08/30, 1 years. Restrictive covenants in the contract: None.
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: According to the board of directors.
Name of the professional appraisal firm or company and its appraisal price:N/A
Name of the professional appraiser:N/A
Practice certificate number of the professional appraiser:N/A
The appraisal report has a limited price, specific price,or special price:N/A
An appraisal report has not yet been obtained:N/A
Reason for an appraisal report not being obtained:N/A
Reason for any significant discrepancy with the appraisal reports and opinion of the CPA:N/A
Name of the CPA firm:N/A
Name of the CPA:N/A
Practice certificate number of the CPA:N/A
Broker and broker's fee:N/A
Concrete purpose or use of the acquisition or disposal:Overall planning of the operation and coordination of group resource.
Any dissenting opinions of directors to the present transaction:None
Whether the counterparty of the current transaction is a related party:yes
Date of the board of directors resolution:2021/08/03
Date of ratification by supervisors or approval by the audit committee:2021/08/03
The transaction is to acquire a real property or right-of-use asset from a related party:yes.
The price assessed in accordance with the Article 16 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies:N/A.
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.
Any other matters that need to be specified:N/A.