Subsidiary disposal of Land and Building
Subject: Subsidiary AnTec Electric System Co., Ltd. announces disposal of Land and Building
Contents:
1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):
Land Details: Sixteen (16) parcels of land located in Shin-Tu-Ku Section, Shenkeng District, New Taipei City Land Serial Numbers: 1491, 1493, 1512, 1513, 1514, 1520, 1523, 1524, 1525, 1526, 1530, 1532, 1535, 1536, 1537, and 1538
Building Details: Four (4) buildings located in Shin-Tu-Ku Section, Shenkeng District, New Taipei City
Building Serial Numbers: 1367, 1368, 1369, and 1370
2.Date of occurrence of the event:2025/01/08
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:
Land:
Total Area: 8,293.91 square meters (approximately 2,508.9080 ping)
Unit Price: NTD 140,618.95 per ping
Transaction Amount: NTD 352,800,000
Buildings:
Total Floor Area: 4,132.40 square meters (approximately 1,250.0511 ping)
Unit Price: NTD 4,799.80 per ping
Transaction Amount: NTD 6,000,000
Total Transaction Amount: NTD 358,800,000
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): Muzha Haoming enterprise Co., Ltd., ; None
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: NA
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): Expected Disposal Gain: NTD 250,437,521
8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:
As stipulated in the Sale and Purchase Agreement.
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:
Negotiated;
Based on market conditions and appraisal reports.
Directors agree
10.Name of the professional appraisal firm or company and its appraisal price:
Zhan-Mao Real Estate Appraisers Firm.;
Land: NTD 370,324,594; Buildings: NTD 3,057,624
11.Name of the professional appraiser: YANG, CHE-HAO
12.Practice certificate number of the professional appraiser:
(109)TCG_NO.000287
13.The appraisal report has a limited price, specific price, or special price: 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:
As stipulated in the Sale and Purchase Agreement.
21.Concrete purpose or use of the acquisition or disposal: Asset revitalization.
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: NA
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: NA
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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