Investor Relations

Announces WPG Board of Directors


1.Name and nature of the subject matter ( located at
Sublot XX, Lot XX, North District, Taichung City):
Land located at No.70 and No.70-1, Lot Jingmao, Nankang District, Taipei City
and commercial building A
2.Date of the occurrence of the event:2016/04/26
3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing),
unit price, total transaction price:
(1)Building and Land 8,757.65 p'ing, NT$691 thousand p'ing.
(2)251 Parking spaces, NT$2,000 thousand
Total transaction price:NT$6,550,000 thousand
4.Counterparty to the trade and its relationship with the company (if
the trading counterpart is a natural person and is not an actual
party of the Company, the name of the trading counterpart is not
required to be disclosed):
(1)Counterparty to the trade:Chi Tai Development Co., Ltd.
(2)Relationship with the company:None
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
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):N/A
8.Terms of delivery or payment (including payment period and monetary
amount), restrictive covenants in the contract,
and other important stipulations:
1.Terms of delivery or payment
(1)First Instalment:10 percent of total transaction price.
(2)Second Instalment:12.5 percent of total transaction price.
(3)Third Instalment:75 percent of total transaction price.
(4)The rest of Instalment:2.5 percent of total transaction price.
Total transaction price, transaction tax and fee will be held in trust by
financial institution
2.Restrictive covenants in the contract, and other important stipulations:No
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:
(1)The manner of deciding:price negotiation
(2)The reference basis:prevailing market and real estate appraisal report
(3)The decision-making department:WPG Board of Directors
10.Name of the professional appraisal institution and its appraisal
(1)Honda Appraisers Joint Firm, NT$6,879,201,950
(2)China Real Estate Appraising Firm, NT$6,722,636,440
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?:No
13.Has an appraisal report not yet been obtained?:No
14.Reason for an appraisal report not been obtained:N/A
15.Broker and broker's fee:
(1)Broker:Jones Lang LaSalle
(2)Broker's fee:Based on the broker contract signing
16.Concrete purpose or use of the acquisition or disposal:
To strengthen communication and cooperation between the company and its
subsidiaries, integrate internal resources, enhance operation efficiency,
future development strategies and the coherence within our company.
17.Do the directors have any objection to the present transaction?:No
18.Any other matters that need to be specified:None