Huaku Development : The company sold part of the houses and parking spaces of Huaku National Landmark Building

Close

Today's Information

Provided by: HUAKU DEVELOPMENT CO., LTD.
SEQ_NO	1	Date of announcement	2022/06/16	Time of announcement	16:54:11
Subject	The company sold part of the houses and parking spaces of Huaku National Landmark Building
Date of events	2022/06/16	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): Subject name: Huaku National Landmark Building Located: No.267, 267-4, Jianguo Section, Xinzhuang District, New Taipei City Building: Part of the houses and parking spaces of Huaku National Landmark Building built on the front land 2.Date of occurrence of the event: 2022/06/16 3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price: Transaction unit amount: 12 houses (1,553.36 pings) and 39 parking spaces Transaction price per unit: NT$374.7 thousand/ping Total transaction price: NT$656 million 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): CASwell Inc., not a related party 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: 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 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): Estimated profit margin of disposal is about 25%-30% 8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: Terms of delivery or payment: Pay by agreement Restrictive covenants in the contract, and other important terms and conditions: 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: Price negotiation The reference basis for the decision on price: Refer to neighboring housing and land transactions The decision-making unit: The board of directors of the company authorized the chairman of the board to handle 10.Name of the professional appraisal firm or company and its appraisal price: Yu Fong Real Estate Appraisers Firm, selects the comparative method and income method to evaluate prices. The final price of this case was determined to be approximately NT$661.56 million 11.Name of the professional appraiser: Chen, Chih-Hao 12.Practice certificate number of the professional appraiser: (108) Taipei City Appraisal No.000268 13.The appraisal report has a limited price, specific price, or special price: No or NA 14.An appraisal report has not yet been obtained: No or 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: None 21.Concrete purpose or use of the acquisition or disposal: Gain business benefits 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: 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