Announced by CFH on behalf of CL, acquisition of real property
2008-04-29
1.Name and nature of the subject matter (e.g.land located at
Sublot XX, Lot XX, North District, Taichung City):Land:No.159-52、159-65、
159-66、188、188-3、188-10、188-11、188-12、188-13、188-14、188-15、188-16、
188-17、188-18、194、194-3、194-15、194-16、194-17、194-18、194-20、194-21、
194-22、194-23、194-24、197, Jhu Wei Zih Section, Chiayi City. Building:
The building located on the lands described above.
2.Date of the occurrence of the event:2008/04/29
3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing),
unit price, total transaction price:Land area: 21,447 square meters
(6,487.72 p'ing). Floor area of building: about 37,412 square meters
(about 11,317 p'ing). Total transaction price of land: NT$493,328,880.
Unit price of land:about NT$76 thousand/p'ing. Total transaction price of
building: chairman of the board was authorized to purchase the building
under NT$650 million. Unit price of building:about NT$57.4 thousand/p'ing.
4.Counterparty to the trade and its relationship with the company (if
the trading counterpart is a natural person and is not an actual
related
party of the Company, the name of the trading counterpart is not
required to be disclosed): Land:A natural person, not related party of
the Company. Buildings: RT-MART International LTD., not related party of
the Company.
5.Where the counterpart to the trade is an actual related party, a
public announcement shall also include the reason for choosing the
related party as trading counterpart and the identity of the
previous owner (including its relationship with the company and
the trading counterpart), price of transfer and the date of
acquisition:N/A
6.Where a person who owned the property within the past five years has
been an actual related person of the company, a public announcement
shall also include the dates and prices of acquisition and disposal
by the related person and the person’s relationship to the company
at those times:N/A
7.Anticipated loss or profit from the disposal (not applicable in cases
of acquisition of assets) (where originally deferred, the status or
recognition shall be stated and explained):N/A
8.Terms of delivery or payment (including payment period and monetary
amount):(1)Sign contract: NT$49,332,888(10% of total land transaction
price)(2)Seal and to pay tax : NT$246,664,440(50% of total land
transaction price)(3)Registration of ownership transfering: NT$98,665,776
(20% of total land transaction price)(4)Hand over the real property:
NT$98,665,776(20% of total land transaction price)
9.The manner of deciding on this transaction (such as tender invitation
, price comparison, or price negotiation), the reference basis for the
decision on price and the decision-making department:(a)Refer to the
market price and the appraisals of real estate appraisal companies
(b)Professional domain appraisal reports(c)Board of Directors
10.Name of the professional appraisal institution and its appraisal
amount:(a)V-Land International Appraisers Firm: appraisal amount of
land: NT$521,358,278; appraisal amount of building: NT$663,179,130(b)Honda
Appraisers Joint Firm: appraisal amount of land: NT$503,900,722; appraisal
amount of building: NT$651,862,080
11.Reason for any significant discrepancy with the transaction amount,
and opinion of the certifying CPA:N/A
12.Is the appraisal report price a limited price or specific price?:None
13.Has an appraisal report not yet been obtained?:None
14.Reason an appraisal report has not yet been obtained:N/A
15.Broker and broker's fee:N/A
16.Concrete purpose or use of the acquisition or disposition:According to
Insurance Law, it is for real estate investment.
17.Do the directors have any objection to the present transaction?:None
18.Any other matters that need to be specified:None