| Statement |
1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):
(1)Name of the subject matter: Lot No. 18-5 at Yuan Dong Section of Zhongli District in Taoyuan City
(2)Nature of the subject matter: Residential zone
2.Date of occurrence of the event:2021/09/03
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:
(1)Land: 826 square meters, equivalent to 249.865 pings.
(2)Unit price: NT$310,000 per ping
(3)Total transaction price: NT$77,458,150
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):
A.Trading counterparty:
Seller: Far Eastern Resources Development Co., Ltd.
Buyer: (1)Kai Yuan International Investment Co., Ltd.
(2)Ding Yuan International Investment Co., Ltd.
(3)Yuan Tong Investment Co., Ltd.
(4)An Ho Garment Co., Ltd.
(5)Fu Kwok Knitting & Garment Co., Ltd.
(6)Yuan Faun Co., Ltd.
(7)Far Eastern Textile Ltd.
Each aforementioned buyer planned to acquire the land of 118 square meters (equivalent to 35.695 pings) at the unit
price of NT$310,000 per ping, totaling transaction price of NT$11,064,450.
B.Relationship with the company: The seller and all buyers are subsidiaries of FENC.
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:
A.The reason for choosing the trading counterpart: To jointly develop “the property development project for FENC’s Neili Plant”
B.The identity of the previous owner: Far Eastern Textile Ltd. (renamed Far Eastern New Century Corporation, hereafter referred to as FENC).
C.Relationship with the company and the trading counterparty: The seller and all buyer are subsidiaries of FENC.
D.The previous monetary amount of transfer: N.A. (FERD was spun off from FENC).
E.The previous date of acquisition:2003/09/02
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:N.A.
7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral
should provide a table explaining recognition):
No disposal gain is applicable due to the internal transactions among FENC’s subsidiaries.
8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract,
and other important terms and conditions:
(1)Terms of delivery or payment:In accordance with the agreement
(2)Contractual restrictions and other important agreements:NIL
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:
(1)The manner of deciding on this transaction:Price negotiation
(2)The reference basis for the decision on price: The real estate appraisal report
(3)The decision-making department:Board of Directors
10.Name of the professional appraisal firm or company and its appraisal price:
DTZ/Cushman & Wakefield NT$77,458,150
11.Name of the professional appraiser:
DTZ/Cushman & Wakefield: Hank CH Tsai, the Real Estate Appraiser
12.Practice certificate number of the professional appraiser:
Hank CH Tsai, the Real Estate Appraiser: (94) TCG_NO.000080
13.The appraisal report has a limited price, specific price, or special price:No
14.An appraisal report has not yet been obtained:No
15.Reason for an appraisal report not being obtained:N.A.
16.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA:N.A.
17.Name of the CPA firm:N.A.
18.Name of the CPA:N.A.
19.Practice certificate number of the CPA:N.A.
20.Broker and broker's fee:NIL
21.Concrete purpose or use of the acquisition or disposal:
To jointly develop “the property development project for FENC’s Neili Plant”
22.Any dissenting opinions of directors to the present transaction:NIL
23.Whether the counterparty of the current transaction is a related party:Yes
24.Date of the board of directors resolution:2021/09/03
25.Date of ratification by supervisors or approval by the audit committee:2021/09/03
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:N.A.
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:N.A.
29.Any other matters that need to be specified:NIL
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