|Material Information (8299 Phison)|
|SEQ_NO||1||Date of announcement||2022/01/21||Time of announcement||14:32:35|
Announcement that the Company's acquisition of land from a related party.
|Date of events||2022/01/21||To which item it meets||paragraph 20|
1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):Land No. 1548, Guangyuan Section, Zhunan Township, Miaoli County. 2.Date of the occurrence of the event:2022/01/21 3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price: Transaction amount: The size of the land is 3,012.06 square meters and in average NT$13,113.95 per square meters Transaction amount:NT$39,500,000 4.Trading counterparty and its relationship to 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):Mr.Tianpai Liu is the related party of the transaction. Mr. Tianpai Liu and one of the director of the Company have a first degree of relationship by marriage. 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 value of transfer:Reason for selecting the related party: In order to cope with the future growth of company's scale of operation of employees, The company intends to build a new parking lot for use. After a comprehensive evaluation, the land use, location and size of the land owned by the related party should meet the needs of company, and the transaction price agreed by both parties is not higher than the final appraisal amount by a professional real estate appraiser, and a review and specific opinion by a professional accounting firm, the transaction price should be reasonable. Therefore, contact the related person for this transaction. Date of previous transfer: December 16, 2020. Amount transferred: NT$39,189,270 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 to 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 value), restrictive covenants in the contract, and other important terms and conditions:The payment terms are in accordance with the terms of the land 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 department:Reference basis for price determination: The price of the land transaction has been determined by the Company after considering the circumstances of the land use, taking into account factors such as the announced current value, the price of neighboring real estate transactions and the final appraisal amount proposed by the real estate appraiser engaged by the Company, and in agreement with the counterparty to the transaction. The decision to purchase is made after an agreement with the related party to the transaction. Decision-making unit: Board of Directors. 10.Name of the professional appraisal firm or company and its appraisal price:China Real Estate Appraisers Association. 11.Name of the professional appraiser:Mr. HSIEH Dianjing. 12.Practice certificate number of the professional appraiser:(99)Taipei Estimated No. 000149. 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:Construction of parking lot. 22.Any dissenting opinions of directors to the present transaction:None. 23.Whether the counterparty of the current transaction is a related party:Applicable. 24.Date of the board of directors resolution:2022/01/21 25.Date of ratification by supervisors or approval by the audit committee:2022/01/21 26.The transaction is to acquire a real property or right-of-use asset from a related party:Applicable. 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.