TWSE 2637 / LSE WML

News

BOD Approved Purchase of Three 40,000DWT Bulk Carriers.

2023 / 04 / 14

BIZ

SEQ_NO 2 Date of announcement 2023/04/14 Time of announcement 14:33:58
Subject 
BOD Approved Purchase of Three 40,000DWT
Bulk Carriers.
Date of events 2023/04/14 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):Three 40,000DWT bulk carriers
2.Date of occurrence of the event:2023/04/14
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),
unit price, and total transaction price:
Transaction volume: Three bulk carriers
Unit price: No more than US$32,000,000
Total amount: No more than US$96,000,000
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):Nomichi Dockyard Co., Ltd. or Saiki Heavy Industries Co., Ltd.
Not related.
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:Not Applicable.
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:Not Applicable.
7.Projected gain (or loss) through disposal (not applicable for
acquisition of assets; those with deferral should provide a table
explaining recognition):Not Applicable.
8.Terms of delivery or payment (including payment period and
monetary amount), restrictive covenants in the contract,
and other important terms and conditions:
In installments until the deliveries.
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: Price negotiation
The reference basis for the decision on price: Price negotiation
The decision-making department: Board of Directors
10.Name of the professional appraisal firm or company and
its appraisal price:Not Applicable.
11.Name of the professional appraiser:Not Applicable.
12.Practice certificate number of the professional appraiser:Not Applicable.
13.The appraisal report has a limited price, specific price,
or special price:NA.
14.An appraisal report has not yet been obtained:Not Applicable.
15.Reason for an appraisal report not being obtained:
The asset is operating asset which do not require an appraisal report.
16.Reason for any significant discrepancy with the appraisal reports
and opinion of the CPA:Not Applicable.
17.Name of the CPA firm:Not Applicable.
18.Name of the CPA:Not Applicable.
19.Practice certificate number of the CPA:Not Applicable.
20.Broker and broker's fee:None.
21.Concrete purpose or use of the acquisition or disposal:
Portfolio management
22.Any dissenting opinions of directors to the present transaction:None.
23.Whether the counterparty of the current transaction is a
related party:No.
24.Date of the board of directors resolution:NA.
25.Date of ratification by supervisors or approval by
the audit committee:NA
26.The transaction is to acquire a real property or right-of-use
asset from a related party:No.
27.The price assessed in accordance with the Article 16 of the
Regulations Governing the Acquisition and Disposal of Assets
by Public Companies:Not Applicable.
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:Not Applicable.
29.Any other matters that need to be specified:None.

Attachments

Disclaimer

Wisdom Marine Lines Co. Limited published this content on 14 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 April 2023 06:45:04 UTC.