Chia Hsin Cement To announce on behalf of the Company’s subsidiary Chia Pei Int'l Corp. the signing of the Equipment Usage Agreement for 2022 at Taipei Cargo Terminal No. 1
· Issued by Chia Hsin Cement Corporation
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Today's Information
Provided by: CHIA HSIN CEMENT CORPORATION
SEQ_NO
5
Date of announcement
2021/12/14
Time of announcement
17:51:31
Subject
To announce on behalf of the Company��s subsidiary
Chia Pei Int'l Corp. the signing of the Equipment Usage
Agreement for 2022 at Taipei Cargo Terminal No. 1
Date of events
2021/12/14
To which item it meets
paragraph 10
Statement
1.Date of occurrence of the event:2021/12/14
2.Counterparty to the contract or commitment:
Chia Hsin Cement Corporation
(hereinafter referred as CHC)
3.Relationship with the Company:Parent Company
4.Starting and ending dates (or rescission date) of the
contract or commitment:2022/01/01~2022/12/31
5.Major content (not applicable where rescinded):
(1)In pursuance to Article No. 3 of the third Supplementary Agreement
signed for the joint operation of East No. 14 wharf and back side of
East No. 13, 14, 15and 16 wharves and terminal at the Bulk & General
Cargo Terminal No. 1 of Port of Taipei with CHC; the calculation basis on
the monthly payment using the facility for the year 2022 is herewith
determined.
(2)The Company will pay a monthly fee based on the actual quantity of
cargo operated together with the equipment usage fee. The basis of
calculation for using the equipment will be paid based on the
quantity of cargo unloaded and is calculated by the following ranges:
(A)From 0 to 2,500,000 tons: The agreed basis for calculation of
the fee will be paid at NTD 21 per ton (before tax).
(B)From 2,500,000 to 4,600,000 tons: The agreed basis for calculation
of the fee will be paid at NTD 17 per ton (before tax).
(C)From 4,600,000 tons and up : The agreed basis for calculation
of the fee will be paid at NTD 5 per ton (before tax).
(3) The Agreement will be effective from January 1, 2022 until
December 31, 2022.
6.Restrictive covenants (not applicable where rescinded):N/A
7.Commitment (not applicable where rescinded):N/A
8.Any other important agreement (not applicable where rescinded):N/A
9.Effect on company finances and business:N/A
10.Concrete purpose/objective:N/A
11.Any other matters that need to be specified:N/A
