Announcement for disposal of plant and ancillary facilities on behalf of TPK CANDO SOLUTIONS., a subsidiary of TPK
2017-08-28
1.Name and nature of the subject matter (e.g.land located at
Sublot XX, Lot XX, North District, Taichung City):
Plant and ancillary facilities located at No.88-1, Houke S. Rd.,
Houli Dist., Taichung City (building number: No.0039-000, Houli
Subsection, Houli Section, Houli Dist., Taichung City)
2.Date of the occurrence of the event: 2017/08/28
3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing),
unit price, total transaction price:
Transaction volume: A plant of 17,925.47 square meters, equivalent to
5,422.45 p'ing and a patch of ancillary facilities
Total transaction price: NTD 500,000,000
4.Counterparty to the trade and its relationship with the company (if
the trading counterpart is a natural person and is not an actual
related
party of the Company, the name of the trading counterpart is not
required to be disclosed):
Counterparty: Micron Memory Taiwan Co., Ltd.
Relationship: None
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
acquisition: N/A
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: N/A
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):
The anticipated loss of disposal based on the book value of the plant
and ancillary facilities is NTD 174,811,000. After taking the loss
attributable to non-controlling interests and the accumulated
impairment loss of these assets recognized by TPK Holding Co., Ltd.
into account, the consolidated net income of TPK Holding Co., Ltd.
would increase NTD 23,716,000.
8.Terms of delivery or payment (including payment period and monetary
amount), restrictive covenants in the contract,
and other important stipulations:
Terms of delivery or payment: Base on contract
restrictive covenants in the contract, and other important
stipulations: None
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:
The price of the transaction is based on professional appraisal
report provided by the professional appraisal institution and the
price negotiation between two transaction parties, and is resolved in
our board of meeting.
10.Name of the professional appraisal institution and its appraisal
amount:
Name of the professional appraisal institution: REPro International
Appraisals
Appraisal amount: NTD 585,000,000
11.Reason for any significant discrepancy with the transaction amount,
and opinion of the certifying CPA: N/A
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: N/A
15.Broker and broker's fee: N/A
16.Concrete purpose or use of the acquisition or disposal:
Raise capital and optimize the utilizaion of assets
17.Do the directors have any objection to the present transaction?: N/A
18.Any other matters that need to be specified: None
TPK Holding Co. Ltd. published this content on 28 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 August 2017 02:47:01 UTC.
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