On behalf of WPG subsidiary Silicon Application Corp. announces that Board of Directors resolved to dispose the real estate
2021-03-23
1.Date of occurrence of the event:2021/03/23
2.Company name:Silicon Application Corp.
3.Relationship to the Company (please enter ”head office” or
”subsidiaries”):subsidiaries
4.Reciprocal shareholding ratios:100% owned by WPG Holdings Limited
5.Cause of occurrence:
(1)In order to strengthen working capital, activate the asset, and increase
the efficiency of fund, Board of Directors of Silicon Application Corp.
resolved to dispose 18F., 18F.-1~-9, No.2, Jian 8th Rd., Zhonghe Dist.,
New Taipei City, and 16 parking spaces located at B3F.
(2)Board of Directors of Silicon Application Corp. resolved to authorize
Chairman to dispose of real estate with the price no less than the lowest
price decided by Board of Directors.
6.Countermeasures:N/A
7.Any other matters that need to be specified:
(1)The company has appointed professional appraiser to do the appraisal
and completed the valuation.
(2)As for the follow-up of the disposal, the company will process and make
announcements according to the related regulations.