NAN YA PLASTICS CORPORATION Nan Ya Plastics Corporation's board of directors resolved to purchase land with a total of 4 land parcels at Chang Hua Coastal Industrial Park, Lunwei West Zone 1, Chang Hua Coastal, Phase III Industrial Land, land No. LIN1 to LIN4. Date of occurrence of the event is March 11, 2022.
Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price: Unit amount: the purchased area is around 54.97 hectare. Unit price: the average unit price is TWD 33,900 per ping (estimated). Total transaction price: TWD 5,640,000,000(estimated).
In addition to paying a deposit of 3% of the total land price at the time of purchase, after the review and approval of the purchase, the land price, 1% of the total land price of Industrial Park Development Management Fund and 10% completion use deposit will be paid to the designated account according to the payment notice of BES Engineering Inc. Restrictive covenants in the contract and other important terms and conditions: Before the subscribed land is used, all or part of its subscribed rights and obligations shall not be transferred to others.
