Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Taiwan
  4. Taiwan Stock Exchange
  5. ASE Technology Holding Co., Ltd.
  6. News
  7. Summary
    3711   TW0003711008

ASE TECHNOLOGY HOLDING CO., LTD.

(3711)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Announcing the subsidiary, ASE Test Inc., expects to acquire right-of-use asset of real property from related party

10/27/2021 | 03:18am EST
Close
Today's Information

Provided by: ASE Technology Holding Co., Ltd.
SEQ_NO 2 Date of announcement 2021/10/27 Time of announcement 14:56:05
Subject
 Announcing the subsidiary, ASE Test Inc., expects
to acquire right-of-use asset of real property from
related party
Date of events 2021/10/27 To which item it meets paragraph 20
Statement
1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):
Plant K25-4F, located at 4th Floor, No.2, Keji Rd., Nanzih District,
Kaohsiung City, (��the Subject Property��)

2.Date of occurrence of the event:2021/10/27
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),
unit price, and total transaction price:
Transaction volume: Subject Property rental floor space: approximately
8,723.82 square meters, equivalent to 2,638.95 p'ing
Unit price(tax excluded): monthly rental price: NT$600 per p'ing
Total transaction price(tax excluded): monthly rental price: NT$1,583,380;
right-of-use asset of real property: NT$ 92,955,672

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):
Trading counterparty: Advanced Semiconductor Engineering, Inc. (��ASE Inc.��)
Relationship with the company: ASE Test Inc. (��ASET��) is a subsidiary
directly 100% owned by ASE Inc.

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:
The reason for choosing the trading counterparty:
Based on the overall planning and management considerations of business and
plant space, the Company plans to utilize the plant space within the Group
in order to facilitate the use of assets efficiency and lower capital
expenditure.

The identity of the previous owner:
Hung Ching Development & Construction Co., Ltd.

Relationship with the trading counterparty:
ASE Inc.'s affiliate company under equity method.

Relationship with the company:
Parent company ASE Inc.'s affiliate under equity method.

The previous date of transfer: June 2021

The previous amount of the transfer: NT$321,447 thousand

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:
Acquiring date of previous counterparty: Feb. 2021
Disposal date of previous counterparty: Jun. 2021
Disposal price of previous counterparty: NT$321,447 thousand
Relationship with the company at the time of the transaction:
An affiliate under equity method of ASE Inc. which is the parent
company of ASET.

7.Projected gain (or loss) through disposal (not applicable for
acquisition of assets; those with deferral should provide a table
explaining recognition):NA

8.Terms of delivery or payment (including payment period and
monetary amount), restrictive covenants in the contract,
and other important terms and conditions:
Terms of payment: In accordance with the rental agreement
Contract limitation: None
Other important agreement: 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 and the reference basis for
the decision on price:
Adopting the rent rate conditions of ASE Inc.'s rental agreement with
non-related party in Kaohsiung Nanzih Technology Industrial Park II

The the decision-making department: ASET's board of directors.

10.Name of the professional appraisal firm or company and
its appraisal price:
NA

11.Name of the professional appraiser:
NA

12.Practice certificate number of the professional appraiser:
NA

13.The appraisal report has a limited price, specific price,
or special price:No

14.An appraisal report has not yet been obtained:NA

15.Reason for an appraisal report not being obtained:NA

16.Reason for any significant discrepancy with the appraisal reports
and opinion of the CPA:NA

17.Name of the CPA firm:NA

18.Name of the CPA:NA

19.Practice certificate number of the CPA:NA

20.Broker and broker's fee:None

21.Concrete purpose or use of the acquisition or disposal:
For the capacity expansion purpose.

22.Any dissenting opinions of directors to the present transaction:NA

23.Whether the counterparty of the current transaction is a
related party:Yes

24.Date of the board of directors resolution:2021/10/27
25.Date of ratification by supervisors or approval by
the audit committee:2021/10/27
26.The transaction is to acquire a real property or right-of-use
asset from a related party:Yes

27.The price assessed in accordance with the Article 16 of the
Regulations Governing the Acquisition and Disposal of Assets
by Public Companies:NA

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:NA

29.Any other matters that need to be specified:None

Disclaimer

ASE Technology Holding Co. Ltd. published this content on 27 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2021 07:17:02 UTC.


ę Publicnow 2021
All news about ASE TECHNOLOGY HOLDING CO., LTD.
11/25ASE TECHNOLOGY : Cumulative treasury share repurchase reached public announcement requirem..
PU
11/24ASE TECHNOLOGY : USI Ranked Sixth in Industry Group in First Participation of S&P ESG Indi..
PU
11/22Asian ADRs Nudge Higher in Monday Trading
MT
11/22ASE TECHNOLOGY : Cumulative treasury share repurchase reached public announcement requirem..
PU
11/17ASE TECHNOLOGY : Cumulative treasury share repurchase reached public announcement requirem..
PU
11/17ASE TECHNOLOGY : Announcement on behalf of subsidiary, ASEN Ltd., of acquisition 100% shar..
PU
11/17ASE TECHNOLOGY : Announcement on behalf of subsidiary, ASE, Inc., of extending intercompan..
PU
11/15ASE TECHNOLOGY : Tops List of Semiconductors and Semiconductor Equipment Companies on the ..
PU
11/15ASE TECHNOLOGY : Announcement on behalf of subsidiary, USI Enterprise Limited, the resolut..
PU
11/15ASE TECHNOLOGY : Cumulative treasury share repurchase reached public announcement requirem..
PU
More news
Financials
Sales 2021 564 B 20 238 M 20 238 M
Net income 2021 46 690 M 1 676 M 1 676 M
Net Debt 2021 128 B 4 589 M 4 589 M
P/E ratio 2021 9,44x
Yield 2021 5,09%
Capitalization 435 B 15 611 M 15 628 M
EV / Sales 2021 1,00x
EV / Sales 2022 0,88x
Nbr of Employees 104 471
Free-Float 72,2%
Chart ASE TECHNOLOGY HOLDING CO., LTD.
Duration : Period :
ASE Technology Holding Co., Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ASE TECHNOLOGY HOLDING CO., LTD.
Short TermMid-TermLong Term
TrendsBullishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 19
Last Close Price 101,50 TWD
Average target price 129,84 TWD
Spread / Average Target 27,9%
EPS Revisions
Managers and Directors
Hung Pen Chang Vice Chairman & General Manager
Hung Ssu Tung Chief Financial Officer & Director
Chien Shen Chang Chairman
Tien Yu Wu Chief Operating Officer & Director
Du Tsuen Uang Chief Administration Officer
Sector and Competitors
1st jan.Capi. (M$)
ASE TECHNOLOGY HOLDING CO., LTD.24.85%15 611
ASML HOLDING N.V.72.46%317 917
LAM RESEARCH CORPORATION35.94%90 390
TOKYO ELECTRON LIMITED58.44%83 564
ENTEGRIS, INC.55.06%20 193
QORVO, INC.-10.92%16 325