- Home
- Corporate Governance
- News & Events
- Material Information
- Announcement on behalf of the Company's subsidiary Sinyi Global Asset Management Inc. for acquisition of right-of-use asset from related party
2024-08-15
Back to list
Announcement on behalf of the Company's subsidiary Sinyi Global Asset Management Inc. for acquisition of right-of-use asset from related party
Subject：Announcement on behalf of the Company's subsidiary Sinyi Global Asset Management Inc. for acquisition of right-of-use asset from related party
To which item it meets：paragraph 20
Date of events： 2024/8/15
Statement:
1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):29th Floor, No. 530, Yingcai Road, West District, Taichung City
2.Date of occurrence of the event:2024/08/15
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:Lease area: 47.1 ping Average monthly payment: NT$ 56,894(tax included) Total amount of right-of-use assets: NT$ 2,239,765
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: Sinyi Realty Inc. Relationship with the Company: Sinyi Global Asset Management Co., Ltd. is 100% owned by Sinyi Realty Inc.
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: The reason: The leasing conditions of the Company’s leased property meet the Company’s overall business development needs and may maximize the synergy of the group. The owner of the previous transfer, the relationship between the owner of the previous transfer, the company and the transaction counterparty, and the date of the previous transfer And transfer amount: 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:
Payment terms: pay monthly
Lease period: 2024/8/15~2026/5/31
Leasing price:
monthly payment of NT$56,346(tax included) from 2024/08/15 to 2024/12/31
monthly payment of NT$56,882(tax included) from 2025/01/01 to 2025/12/31
monthly payment of NT$57,418(tax included) from 2026/01/01 to 2026/05/31
Restrictions: None Other important agreements: 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: Transaction decision method: by mutual agreement Reference basis for price determination:Market trend around the area Decision-making unit: the board of directors of Sinyi Global Asset Management Co., Ltd.
10.Name of the professional appraisal firm or company and its appraisal price:not applicable
11.Name of the professional appraiser:not applicable
12.Practice certificate number of the professional appraiser:not applicable
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: to fulfill the business needs and maximize the synergy of the Group 22.Any dissenting opinions of directors to the present transaction: no
23.Whether the counterparty of the current transaction is a related party:yes
24.Date of the board of directors resolution:2024/08/15
25.Date of ratification by supervisors or approval by the audit committee:2024/08/15
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:none
To which item it meets：paragraph 20
Date of events： 2024/8/15
Statement:
1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):29th Floor, No. 530, Yingcai Road, West District, Taichung City
2.Date of occurrence of the event:2024/08/15
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:Lease area: 47.1 ping Average monthly payment: NT$ 56,894(tax included) Total amount of right-of-use assets: NT$ 2,239,765
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: Sinyi Realty Inc. Relationship with the Company: Sinyi Global Asset Management Co., Ltd. is 100% owned by Sinyi Realty Inc.
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: The reason: The leasing conditions of the Company’s leased property meet the Company’s overall business development needs and may maximize the synergy of the group. The owner of the previous transfer, the relationship between the owner of the previous transfer, the company and the transaction counterparty, and the date of the previous transfer And transfer amount: 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:
Payment terms: pay monthly
Lease period: 2024/8/15~2026/5/31
Leasing price:
monthly payment of NT$56,346(tax included) from 2024/08/15 to 2024/12/31
monthly payment of NT$56,882(tax included) from 2025/01/01 to 2025/12/31
monthly payment of NT$57,418(tax included) from 2026/01/01 to 2026/05/31
Restrictions: None Other important agreements: 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: Transaction decision method: by mutual agreement Reference basis for price determination:Market trend around the area Decision-making unit: the board of directors of Sinyi Global Asset Management Co., Ltd.
10.Name of the professional appraisal firm or company and its appraisal price:not applicable
11.Name of the professional appraiser:not applicable
12.Practice certificate number of the professional appraiser:not applicable
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: to fulfill the business needs and maximize the synergy of the Group 22.Any dissenting opinions of directors to the present transaction: no
23.Whether the counterparty of the current transaction is a related party:yes
24.Date of the board of directors resolution:2024/08/15
25.Date of ratification by supervisors or approval by the audit committee:2024/08/15
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:none