On behalf of WPG subsidiary LaaS (DG) Limited announces Board of Directors resolved to acquiring the right-of-use asset
2020-12-30
1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):
Unit 3, 4, 5 and 6, no.2 workshop, Dongguan dahua printing co., LTD.,
Shatian town, Dongguan city, Guangdong province
2.Date of occurrence of the event:2020/12/30
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),
unit price, and total transaction price:
Transaction volume: 23,514.82 square meters
Unit price: monthly rental is from about RMB 34 dollars per square meter
(excluding tax)/from about RMB 44 dollars per square meter (including tax)
Total transaction price:the amount of right-of-use asset is RMB 203,005
thousands
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):Dongguan Feiliks Supply Chain Management Co., Ltd., and Dongguan
dahua printing co., LTD.,
non-related parties
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: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:
Terms of delivery or payment: Lease period is from 2021/1/1 to 2040/6/30
(including the priority to renew the lease). Monthly payment according to
the contract
Restrictive covenants in the contract, and other important stipulations: 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:
Deciding on this transaction: price negotiation based on market conditions
Reference basis for the decision: appraisal report
Decision-making department: LaaS (DG) Limited Board of Directors
10.Name of the professional appraisal firm or company and
its appraisal price:
Shenzhen Guoce Real Estate Land Appraisal(Shanghai) Co.,Ltd:
RMB 171,968 thousands
SHENZHEN WORLDUNION APPRAISAL (SHANGHAI) CO.,LTD: RMB 170,438 thousands
11.Name of the professional appraiser:
Shenzhen Guoce Real Estate Land Appraisal(Shanghai) Co.,Ltd:
Hu Shu Jia, Chen Xing
SHENZHEN WORLDUNION APPRAISAL (SHANGHAI) CO.,LTD:
Zhang Yong, Zhang Xiao Yin
12.Practice certificate number of the professional appraiser:
Hu Shu Jia: 3120130003
Chen Xing: 3120170015
Zhang Yong: 3120030077
Zhang Xiao Yin: 3220020231
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:
Corporate strategic planning and demand for the long-term layout
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:NA
25.Date of ratification by supervisors or approval by
the audit committee:NA
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: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:None