1.Name and nature of the subject matter (e.g.land located at
Sublot XX, Lot XX, North District, Taichung City):
(1)Land Description: Land No. 802 and 803, Peipi Section, Tucheng District,
New Taipei City
(2)Rights Description: According to the ratio of its share of rights on
land obtained from the transaction at point to the total area of developed
land, the buyer is also granted additional entitlement to future transfer
of floor area rights that is expected to derive from the land reserved for
public facilities the seller previously acquired with a view to increasing
development intensity. .
2.Date of the occurrence of the event:2017/07/11
3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing),
unit price, total transaction price:
(1) Area of Land Transacted: 2,691.3001 square meters, equivalent to
(2) Unit Price: NT$695,229 per ping
(3) Total Transaction Price: NT$566,000,000
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):
Hua Nan Commercial Bank Ltd., which is, as is the case with Hua Nan Assets
Management Co., Ltd., a wholly owned subsidiary of Hua Nan Financial
Holdings Co., Ltd.
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
(1) Reason for choosing the trading counterpart: to meet the Hua Nan
Commercial Bank's need for building a new information center.
(2) Identity of the previous owner: the court (which auctioned the land at
(3) The previous owner's relationship with the company and the trading
(4) Date of the previous transfer: October 1, 2012.
(5) Price of the previous transfer: NT$444,820,980..
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:Not applicable
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):NT$244,707,227
8.Terms of delivery or payment (including payment period and monetary
amount), restrictive covenants in the contract,
and other important stipulations:
In accordance with the contracts signed for the real estate transaction at
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) Manner of deciding on the transaction: negotiation.
(2) Reference basis for deciding on the transaction price: real estate
(3) Decision-making department: Board of Directors.
10.Name of the professional appraisal institution and its appraisal
(1) Sinyi Real Estate Appraisers Firm.
(2) Appraisal Amount: NT$1,545,655,908 (Appraised Target: Land No. 802, 803,
and 804, Peipi Section, Tucheng District, New Taipei City. Unit Price:
688,200 per ping)
(3) Appraisal Amount Based on Area of the Transacted Land: NT$560,277,384
11.Reason for any significant discrepancy with the transaction amount,
and opinion of the certifying CPA:None
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:Not Applicable
15.Broker and broker's fee:No
16.Concrete purpose or use of the acquisition or disposal:
Primary business item.
17.Do the directors have any objection to the present transaction?:
18.Any other matters that need to be specified:None