President Chain Store : PCSC announces on behalf of President Transnet Corp. for the acquisitions of the right-of-use asset

2020-12-04

Date of events:2020/12/04 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):

Right-of-use asset of real estate located at No.2, Ln. 8, Hongchang St.,

Linkou Dist., New Taipei City

2.Date of occurrence of the event:2020/12/04

3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),

unit price, and total transaction price:

Volume: 400 Taiwanese ping.

Unit price: NT$650 per ping, monthly rent: NT$260,000(exclude tax).

Total transaction price: around NTD 6,192,425.

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):

Counterparty to the trade:UNI-PRESIDENT ENTERPRISES CORP.

Relationship with the company:Ultimate parent company.

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:

Reason for choosing the related party as trading counterpart:

Location meets the requirement of operation.

Previous transaction: UNI-PRESIDENT ENTERPRISES CORP. acquires right-of-use

asset from non-related party.

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:NA

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:

Payment period: 2 years

Monetary amount: monthly rent is around NTD 260,000.(exclude tax)

Restrictive covenants in the contract: 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:

Negotiation based on market price

The reference basis for the decision on price:

Rental of the plant in nearby area.

The decision-making department: 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:NA

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:NA

21.Concrete purpose or use of the acquisition or disposal:

Overall planning of the operation and coordination of group resource.

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:2020/12/04

25.Date of ratification by supervisors or approval by

the audit committee:2020/12/04

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.

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