Farglory F T Z Investment : Supplementary announcement on assets acquisition on behalf of the subsidiary of Farglory Free Trade Zone Co., Ltd.

Close

Today's Information

Provided by: Farglory F T Z Investment Holding Co.,Ltd.
SEQ_NO	1	Date of announcement	2022/07/07	Time of announcement	16:02:59
Subject	Supplementary announcement on assets acquisition on behalf of the subsidiary of Farglory Free Trade Zone Co., Ltd.
Date of events	2022/07/07	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):Additional construction of the new construction (phase two) on cold chain logistics warehouse at Farglory Free Trade Zone Co., Ltd. 2.Date of occurrence of the event:2022/07/07~2022/07/07 3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price: Transaction unit amount: 29,416.75 pin Total transaction price: NT$3,429,084,410 Unit price: NT$116,569/pin 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: Tong Yuan Construction Co., Ltd. Relations with the Company: Group enterprise 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:It offers the lowest engineering quotation, and the company sales and construction quality are both outstanding. 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:Pay by contract terms. 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: open tender, tender opening for negotiation. The decision-making unit: Board of Directors 10.Name of the professional appraisal firm or company and its appraisal price: Jhong-Ding Real Estate Appraisal: NT$3,685,918,988 Jhong-Lien Real Estate Appraisal: NT$3,771,513,801 11.Name of the professional appraiser: Wu-Chi Jan Feng-Lin Liao 12.Practice certificate number of the professional appraiser: (100) Taipei-City-Appraisal #000172 (96) Taipei-City-Appraisal #000122 13.The appraisal report has a limited price, specific price, or special price:Not applicable 14.An appraisal report has not yet been obtained:Not applicable 15.Reason for an appraisal report not being obtained:Not applicable 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:Not applicable 21.Concrete purpose or use of the acquisition or disposal:Meet the operation needs 22.Any dissenting opinions of directors to the present transaction:Not applicable 23.Whether the counterparty of the current transaction is a related party:Yes 24.Date of the board of directors resolution:2022/07/07 25.Date of ratification by supervisors or approval by the audit committee:2022/07/07 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: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:(1) Additional construction is added in cooperation with the changes in design; therefore, the total amount of the new construction (phase two) on cold chain logistics warehouse is increased from NT$2,910,000,000 in the original contract to NT$3,429,084,410 (2) The quotations include the new construction (phase one) on cold chain logistics warehouse - assumption construction and basic construction of NT$179,900,000 approved by the Board of Directors on 2020/07/29, the new construction (phase two) on cold chain logistics warehouse of NT$2,910,000,000 approved by the Board of Directors on 2021/01/05, and the additional construction of NT$519,084,410. Therefore, it is appraised by two real estate appraisers on the new construction on cold chain logistics warehouse (Total amount of the three contracts are NT$3,608,984,410).