On behalf of the subsidiary Bichiang announced acquisition of land and building of one-half of property rights in Wannei Section,Sanmin Distric,Kaohsiung City

 On behalf of the subsidiary Bichiang announced
acquisition of land and building of one-half of property
rights in Wannei Section,Sanmin Distric,Kaohsiung City

1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):
Land: Land No. 763, Wannei Section, Sanmin District, Kaohsiung City,
land ownership portion: 1/2
Building: No. 427, Minzu 1st Road, Sanmin District, Kaohsiung City,
building ownership portion: 1/2
2.Date of occurrence of the event:2021/11/15
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),
unit price, and total transaction price:
(I)one-half of property rights of land area of approximately 6,700.66 square
meters (approximately 2,026.95 pings).
(II)one-half of property rights of building area of approximately 19,941.32
square meters (approximately 6,032.25 pings).
The total purchase price�GNT$2,350,000,000.
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):
Trading counterparty:Goldsun Building Materials Co., Ltd.
Relationship with the Company: Not a related party of the 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: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:
Delivery or payment terms:
The first installment: Approximately 21% of the contract payment.
The second installment: Approximately 21% of the seal payment.
The third installment: Approximately 21% of the tax payment.
The fourth installment: Approximately 37% of the final payment.
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 decision method of this transaction: Bargaining.
The decision-making unit for the transaction price: The Company's board
of directors.
10.Name of the professional appraisal firm or company and
its appraisal price:
HomeBan Appraisers Joint Firm,
with a valuation amount of NT$2,953,769,039.
China Real Estate Appraiser Firm,
with a valuation amount of NT$2,952,135,929.
11.Name of the professional appraiser:
HomeBan Appraisers Joint Firm: Li, Ching-Tang.
China Real Estate Appraiser Firm:Hsieh, Dian-Ching.
12.Practice certificate number of the professional appraiser:
I. (103)MOI_NO.000453; (108)TCG_NO.000278
II. (99)MOI_NO.000346;  (99)TCG_NO.000149
13.The appraisal report has a limited price, specific price,
or special price:None or not applicable.
14.An appraisal report has not yet been obtained:None or 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:
Obtaining income-generating assets.
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:Not applicable.
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.