Announcement of the company resigning the land in Beitun District, Taichung City

 Announcement of the company resigning the land
in Beitun District, Taichung City

1.Name and nature of the underlying asset (e.g., land
located at Sublot XX, Lot XX, North District, Taichung City):
913-7 ~ 913-10, 915, 915-1 ~ 915-4, 918, and 918-1 ~ 918-3 of Pingtian
Section and Land No. 417-2 of Chongde Section, Beitun District, Taichung
City, 14 lands with 65% in possession.
2.Date of the occurrence of the event:2022/07/18
3.Transaction unit amount (e.g.XX square meters, equivalent
to XX ping), unit price, and total transaction price:
 Transaction amount:
913-7 ~ 913-10, 915, 915-1 ~ 915-4, 918, and 918-1 ~ 918-3 of Pingtian
Section and Land No. 417-2 of Chongde Section, Beitun District, Taichung
City, 14 lands with 65% in possession, occupying 1,768.15 square meters
and 534,8651 pings.
The total transaction amount is approximately NT$711,370,725.
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):Natural person, non-enterprise stakeholder
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: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 to 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 value), restrictive covenants in the contract,
 and other important terms and conditions:
To be delivered according to the agreement of land for separate parcels
of land number.
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 department:
To be negotiated with reference on market price and the authorization
from the Board of Directors to the Chairman for implementation.
10.Name of the professional appraisal firm or company
and its appraisal price:Zhan-Mao Real Estate Appraisers Firm,
913-7 ~ 913-10, 915, 915-1 ~ 915-4, 918, and 918-1 ~ 918-3 of Pingtian
Section and Land No. 417-2 of Chongde Section, Beitun District, Taichung
Appraisal amount:1,110,873,960*65%，NTD722,068,074.
11.Name of the professional appraiser:
Appraiser Yang, Shang-Hung
12.Practice certificate number of the professional
appraiser:
Yang, Shang-Hung (2020)Bei-shih-gu-zhi No. 000283
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:
Judicial person, not exceeding 5% of the transaction amount.
21.Concrete purpose or use of the acquisition or disposal:
Building housing for sale
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:Not applicable.
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:
The development project was originally canceled on the purchase and
joint construction contract signed on 6/2/2022 and is publicly announced
for the re-signed purchase contract.