On behalf of WPG subsidiary Silicon Application Corp. announces that Board of Directors resolved to dispose the real estate(Supplementary of 2021/03/23 announcement)
2021-05-07
1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):
18F., 18F.-1~-9, No. 2, Jian 8th Rd., Zhonghe Dist., New Taipei City, B1F.,
No. 162, Jian 1st Rd., Zhonghe Dist., New Taipei City and 16 parking spaces
located at B3F
2.Date of occurrence of the event:2021/05/07
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),
unit price, and total transaction price:
Land:286.84 square meters, equivalent to 86.77 ping
Building:1,897.15 square meters, equivalent to 573.89 ping
Parking Spaces:16 parking spaces; 529.19 square meters, equivalent to
160.08 ping
Total transaction price:NT$321,602 thousand(tax included)
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):Amazing Microelectronic Corp., ;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):Projected gain is about NT$181 million
8.Terms of delivery or payment (including payment period and
monetary amount), restrictive covenants in the contract,
and other important terms and conditions:
First Instalment:10 percent of total transaction price.
Second Instalment:10 percent of total transaction price.
Third Instalment:70 percent of total transaction price.
The rest of Instalment:10 percent of total transaction price.
According to the agreement.
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:
The manner of deciding on this transaction:price negotiation
The reference basis for the decision on price:based on the market prices and
professional appraisal report
The decision-making unit:Board of Directors of Silicon Application Corp.
authorizes Chairman to dispose of real estate.
10.Name of the professional appraisal firm or company and
its appraisal price:
Euro-Asia Real Estate Appraisers Firm:NT$314,480 thousand
Cheng-Da Real Estate Appraisers Firm:NT$319,221 thousand
11.Name of the professional appraiser:
Euro-Asia Real Estate Appraisers Firm:CHOU, SHIH-YUAN
Cheng-Da Real Estate Appraisers Firm:YANG, CHUN-WEI
12.Practice certificate number of the professional appraiser:
CHOU, SHIH-YUAN:(98)Gao Shi Gu Zi No.000058
YANG, CHUN-WEI:(107)TCG_NO.000255
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:
In order to strengthen working capital, activate the asset, and increase the
efficiency of fund.
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:N/A
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:
To supplement the announcement on Mar. 23,2021