Taiming Assurance Broker : Correct April 28,2022 announcement The Board of Directors approved an acquisition of right-of-use asset from a related party(Correct the Total Transaction price)

Close

Today's Information

Provided by: TAIMING ASSURANCE BROKER CO.,LTD.
SEQ_NO	1	Date of announcement	2022/06/30	Time of announcement	17:16:03
Subject	Correct April 28,2022 announcement The Board of Directors approved an acquisition of right-of-use asset from a related party(Correct the Total Transaction price)
Date of events	2022/06/30	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): The office is located on the 6th floor of No. 49 Guanqian Road, Zhongzheng District, Taipei City. 2.Date of the occurrence of the event:2022/06/30 3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price: Transaction amount: Before correction Lease Area:131pings Unit Price:NTD1,700 (tax included) per ping per month ,Rent-free decoration period Rental price per month: NTD$222,700 (tax included) Total Transaction price: total rent for five years NTD$12,248,500 (tax included). After correction Lease Area:131pings Unit Price:NTD1,700 (tax included) per ping per month Rental price per month: NTD$222,700 (tax included) Total Transaction price: total rent for five years NTD$13,362,000 (tax included). 4.Trading counterparty and its relationship to 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): Taiwan Fire & Marine Insurance Co., Ltd. 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 value of transfer: 1.Reason for choosing the related party as trading counterparty:Renew the lease of office for business use. 2.The identity of the previous owner: NA 3.Relationship of the previous owner with the company: NA4.The previous date of transfer, price of transfer: NA 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 to 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 value), restrictive covenants in the contract, and other important terms and conditions:Payment period:each month. Monetary amount: Rental fee NTD222,700 for each payment(tax included). Duration of lease contract:60 months(2022/7/1~2027/06/30) Restrictive covenants in the contract, and other important stipulations: NA 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 department: The manner of deciding on this transaction: By negotiation The reference basis for the decision on price:Bargaining based on the market price. 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: For the needs of business use. 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:2022/04/28 25.Date of ratification by supervisors or approval by the audit committee:2022/04/28 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: (1)The proposal has been approved by the audit committee on 2022/04/28 and the board on 2022/04/28, and announced. The transaction has not yet been fulfilled. (2)The lease period: From 2022/07/01 to 2023/06/30. (3)In accordance with the Procedure for Acquisition amd Disposal of Assets, the management made decision,and then submit it to the latest Board of Directors for ratification and approval.