Subsidiary obtaining land
No:1
Subject: Acquisition of land on behalf of subsidiary Foxconn hon hai technology India mega development private limited
Contents:
1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):
Information Technology Investment Region (ITIR), Devanahalli Taluk, Bangalore Rural District, Karnataka, Bengaluru land
2.Date of occurrence of the event:2023/05/08
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:
Transaction unit amount: 300 acres (about 1,214,058 square meters)
Unit price: INR 10M/acre
Total transaction price: INR 3 billion (about NTD 1,110,000,000)
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):Karnataka Industrial Areas Development Board ;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):NA
8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and 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 unit:
The manner of deciding on this transaction: Negotiated price
The reference basis: Reference market
The decision-making unit: Board of directors
10.Name of the professional appraisal firm or company and its appraisal price:
(1)CBRE South Asia Pvt Ltd;INR7,950M
(2)Cushman&Wakefield(India)Pvt Ltd;INR9,000M
11.Name of the professional appraiser:
(1)Preetham Mehra
(2)Shailaja Balachandran
12.Practice certificate number of the professional appraiser:
(1)Preetham Mehra:6481427
(2)Shailaja Balachandran:6565838
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: None
21.Concrete purpose or use of the acquisition or disposal: Operation requirement
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: In addition, local taxes, other taxes and fees must be paid
No:2
Subject: Subsidiary, Fu Wing Interconnect Technology (Nghe An) Company Limited obtaining right-of-use assets of land
Contents:
1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):
Land at WHA Industrial Zone 1, phase 2, Nghi Loc district, Nghe An province, Vietnam Lot B3
2.Date of occurrence of the event:2023/05/08
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:
Transaction unit amount:480,000 square meters
price per unit:VND1,061,460/square meters
total transaction price:VND509,500,800,000 (about NTD 662,351,040)
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):WHA INDUSTRIAL ZONE NGHE AN JOINT STOCK COMPANY; 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):NA
8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and 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 unit:
Negotiated; market price; Board of director
10.Name of the professional appraisal firm or company and its appraisal price:
IVC VIETNAM VALUATION CORPORATION ; VND528,960,000,000
11.Name of the professional appraiser: Nguyen Quynh Trang.
12.Practice certificate number of the professional appraiser:VIII13.1010
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: None
21.Concrete purpose or use of the acquisition or disposal: Operational needs
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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