Announces WPG Board of Directors' resolution for acquisition of land and building on land at Lot Dinghu, Guishan District, Taoyuan City
2021-06-28
1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):
A total of 8 registrations of land and buildings on land located at Land
No.349, Lot Dinghu, Guishan District, Taoyuan City(No. 10, Ln. 240, Sec. 2,
Zhongyi Rd., Guishan Dist., Taoyuan City)
2.Date of occurrence of the event:2021/06/28
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),
unit price, and total transaction price:
Land:7,918.08 square meters, equivalent to 2,395.2193 ping
Building:8,644.65 square meters, equivalent to 2,615.0066 ping
Total transaction price:NT$840,000 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):CMC Magnetics Corporation;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:
(1)Terms of delivery or payment
First Instalment:20 percent of total transaction price.
Second Instalment:10 percent of total transaction price.
The rest of Instalment:70 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 terms and
conditions::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:
The manner of deciding on this transaction:price negotiation
The reference basis for the decision on price:prevailing market and real
estate professional appraisal report
The decision-making unit:WPG Board of Directors
10.Name of the professional appraisal firm or company and
its appraisal price:Zhan-Mao Real Estate Appraisers Firm:NT$861,230 thousand
11.Name of the professional appraiser:LI, YUAN-PANG
12.Practice certificate number of the professional appraiser:
(109)TCG_NO.000284
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:
Broker:Haotian International Management Corp.
Broker's fee:In accordance with regulations of the contract
21.Concrete purpose or use of the acquisition or disposal:
To increase warehouse service capacity and to plan bonded logistics center
in order to expand WPG warehouse center in Taiwan.
22.Any dissenting opinions of directors to the present transaction:None
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:None