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Provided by: GRAND PACIFIC PETROCHEMICAL CORPORATION | |||||
SEQ_NO | 1 | Date of announcement | 2021/12/27 | Time of announcement | 16:46:39 |
Subject | Announcement on Behalf of Subsidiary GPPC Development Corp.��s acquisition of right-of-use for real estate. | ||||
Date of events | 2021/12/27 | 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):Partial space located at B1 No.129, 1F &2F No.129,No.131,No.133,2F No.135,No.137, B2,1F,14F~17F No.139 Dunhua North Road, Songshan District, Taipei City. 2.Date of occurrence of the event:2021/12/27 3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price: (1) Office lease area�G4,869.90 ping Price per unit�GYear 1-4: Monthly rent per ping NT$ 2,750 (VAT exclusive). Year 4-5: Monthly rent per ping NT$ 2,810.50 (VAT exclusive). Year 5-6: Monthly rent per ping NT$ 2,872.33 (VAT exclusive). Year 6-7: Monthly rent per ping NT$ 2,935.52 (VAT exclusive). Year 7-8: Monthly rent per ping NT$ 3,000.10 (VAT exclusive). Year 8-9: Monthly rent per ping NT$ 3,066.11 (VAT exclusive). Year 9-10: Monthly rent per ping NT$ 3,133.56 (VAT exclusive). Year10-11: Monthly rent per ping NT$ 3,202.50 (VAT exclusive). Year11-12: Monthly rent per ping NT$ 3,272.95 (VAT exclusive). Year12-13: Monthly rent per ping NT$ 3,344.96 (VAT exclusive). Year13-14: Monthly rent per ping NT$ 3,418.55 (VAT exclusive). Year14-15: Monthly rent per ping NT$ 3,493.76 (VAT exclusive). Year15-16: Monthly rent per ping NT$ 3,570.62 (VAT exclusive). Year16-17: Monthly rent per ping NT$ 3,649.17 (VAT exclusive). Year17-18: Monthly rent per ping NT$ 3,729.45 (VAT exclusive). Year18-19: Monthly rent per ping NT$ 3,811.50 (VAT exclusive). Year19-20: Monthly rent per ping NT$ 3,895.35 (VAT exclusive). Total rent�GYear 1-4: Monthly NT$ 13,392,225 (VAT exclusive). Year 4-5: Monthly NT$ 13,686,854 (VAT exclusive). Year 5-6: Monthly NT$ 13,987,965 (VAT exclusive). Year 6-7: Monthly NT$ 14,295,700 (VAT exclusive). Year 7-8: Monthly NT$ 14,610,205 (VAT exclusive). Year 8-9: Monthly NT$ 14,931,630 (VAT exclusive). Year 9-10: Monthly NT$ 15,260,126 (VAT exclusive). Year 10-11: Monthly NT$ 15,595,849 (VAT exclusive). Year 11-12: Monthly NT$ 15,938,958 (VAT exclusive). Year 12-13: Monthly NT$ 16,289,615 (VAT exclusive). Year 13-14: Monthly NT$ 16,647,987 (VAT exclusive). Year 14-15: Monthly NT$ 17,014,243 (VAT exclusive). Year 15-16: Monthly NT$ 17,388,556 (VAT exclusive). Year 16-17: Monthly NT$ 17,771,104 (VAT exclusive). Year 17-18: Monthly NT$ 18,162,068 (VAT exclusive). Year 18-19: Monthly NT$ 18,561,633 (VAT exclusive). Year 19-20: Monthly NT$ 18,969,989 (VAT exclusive). (3) Right of use asset amount�GNT$ 3,272,039,646 ((VAT exclusive). 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 counterpart: China Life Insurance Company Limited.Relationship with the company�GRelated 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:The reason for choosing a related party for this transaction: To integrate group��s resource and develop GPPC Development Corp.��s business. The relationship between the previous owner and the company�G Superficies administrator is the National Administration Northern Region Branch, and the Political Warfare Bureau, all nonrelated party. Relationship between counterparties�G The relationship between the previous owner and the counterparty: Nonrelated. Previous transfer date�GDate of the acquirement for the right-of-use of superficies 2014/01/20. Transfer amount�GAmount for the acquisition of the right-of-use of superficies is 14,168,000 thousand 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):NA 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: Every month as one period for the payment of rent. Limiting terms of the agreement and other important agreement terms: 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 and professional appraisal report. The decision-making department�GBoard of Directors. 10.Name of the professional appraisal firm or company and its appraisal price: Zhan-Mao Real Estate Appraisers Firm Excellence International Real Estate Appraisers Firm Zhan-Mao Appraisal amount (untaxed): Use right/Property rights asset amount NT$ 3,426,415,790 Excellence Appraisal amount (untaxed): Use right/Property rights asset amount NT$3,475,407,287 11.Name of the professional appraiser: Zhan-Mao�GHsu Chun-Bao�C Excellence: Lin Chin-Sheng 12.Practice certificate number of the professional appraiser: Zhan-Mao�G(107) TCG No.000256 Excellence�G(103)TCG No. 000095 13.The appraisal report has a limited price, specific price, or special price:No or NA 14.An appraisal report has not yet been obtained:NA 15.Reason for an appraisal report not being obtained:NA 16.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA:NA 17.Name of the CPA firm:NA 18.Name of the CPA:NA 19.Practice certificate number of the CPA:NA 20.Broker and broker's fee:NA 21.Concrete purpose or use of the acquisition or disposal: To develop GPPC Development Corp.��s business. 22.Any dissenting opinions of directors to the present transaction: None 23.Whether the counterparty of the current transaction is a related party:Yes 24.Date of the board of directors resolution:2021/12/27 25.Date of ratification by supervisors or approval by the audit committee:2021/12/27 26.The transaction is to acquire a real property or right-of-use asset from a related party:Yes 27.The price assessed in accordance with the Article 16 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies:NT$ 5,548,944,000 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 |
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Grand Pacific Petrochemical Corp. published this content on 27 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 December 2021 08:56:05 UTC.