Announcement of expansion of land located at Land No.32,Lot Ruanqiao,Beitou Dist.,Taipei City.

 Announcement of expansion of land located at Land
No.32,Lot Ruanqiao ,Beitou Dist.,Taipei City.

1.Type of contract:Joint construction and housing selection
2.Date of occurrence of the event:2022/04/14~2022/04/14
3.Counterparty to the contract and relationship with the Company:
Natural person
Qiao-da Development Co.,Ltd.
Both of above are not related-parties.
4.Major content of the contract (including total contract amount,
anticipated monetary amount of participation in the investment, and start
and end dates of the contract), restrictive covenants, and other important
terms and conditions:
Contents of land：
4 lands located at Lot Ruanqiao including Land No.32 and so on.
1,060.52 ping originally and 1,896.09 ping after expansion.
Expansion of joint construction and acquisition of lands purchased by
developer(located at Land No.28 and No.30 Lot Ruanqiao ,Beitou Dist.,
Taipei City),slip ratio：
59.35% to landlord,40.65% to developer
The ratio is considered with the factors of building bulk.
Estimated construction costs：about NTD 2,471.67million.
5.Name of the professional appraisal firm or company and its
appraisal opinion:
An appraisal report has not been obtained in time because of
the urgent situation.
6.Name of the real property appraiser:
An appraisal report has not been obtained in time because of
the urgent situation.
7.Practice certificate number of the real property appraiser:
An appraisal report has not been obtained in time because of
the urgent situation.
8.Concrete purpose of the acquisition:For the construction project in order
to enlarge the revenue.
9.Any dissenting opinions of directors to the present transaction:N/A
10.Whether the counterparty of the current transaction is a related party:No
11.Date of the board of directors resolution:NA
12.Date of ratification by supervisors or approval by
the audit committee:NA
13.The appraisal report has a limited price, specific price,
or special price:N/A
14.An appraisal report has not yet been obtained:Yes
15.Reason for an appraisal report not being obtained:
An appraisal report has not been obtained in time because of
the urgent situation.
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.Any other matters that need to be specified:NO