Ambassador Hotel,ltd.TWSE: 2704

The Board of Directors approved the signing authorization case for the sale and leaseback of The Ambassador Hotel Hsinchu and administration building.

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Provided by: THE AMBASSADOR HOTEL,LTD.
SEQ_NO 6 Date of announcement 2022/03/08 Time of announcement 18:33:22
Subject
 The Board of Directors approved the signing
authorization case for the sale and leaseback of
The Ambassador Hotel Hsinchu and administration building.
Date of events 2022/03/08 To which item it meets paragraph 51
Statement
1.Date of occurrence of the event:2022/03/08
2.Company name:THE AMBASSADOR HOTEL,LTD.
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):Head office
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:
In order to activate the assets and enhance the use value of the assets,
the Board of Directors of the Company has approved to authorize the Chairman
to negotiate the case of sale and leaseback of The Ambassador Hotel Hsinchu
and administration building Hsinchu within a reasonable range based on the
market.
6.Countermeasures:None
7.Any other matters that need to be specified:None

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