Material Information
2024-07-30
Announcement regarding to acquisition of right-of-use asset
Subject: Announcement regarding to acquisition of right-of-use asset
Date of events: 2024/07/30
To which item it meets: paragraph 20
Statement:
1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):
Right-of-use asset of partial real estate at B1, No. 11,
Songgao Rd., Xinyi Dist., Taipei City
2.Date of occurrence of the event:2024/07/30
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),
unit price, and total transaction price:
Volume: 45.3 Taiwanese ping.
Total transaction price: The total amount of right-of-use assets is
NTD 5,279 thousand.
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):
Counterparty to the trade: Dream Plaza branch of Uni-President
Department Store Corp.
Relationship with the company:related party.
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:
Reason for choosing the related party as trading counterpart:
Meets the requirement of operation.
Identity of the previous owner: Tone Sang Construction Corp.
Relationship of previous owner with the Company and the trading
counterparty: related party.
Previous date: 2024/1/1
Previous monetary amount of transfer: Variable rent and accordance
with the terms of agreement.
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:
(1)Uni-President Enterprises Corp. accquires 22.9861% building and land
ownership of shopping mall B2 to 6F. and parking lots B5 to B3, No.11,
Songgao Road, Sinyi District, Taipei City from Universal Real Estate
Development Co., LTD. and KUNG CHING INTERNATIONAL DEVELOPMENT CO., LTD.
Date of acquisition: announce acquisition on June 8th, 2022
Price of acquisition: NTD 5,896.81 million.
Relationship with the Company at the time of the transaction:
Uni-President Enterprises Corp. is the parent company of
President Chain Store Corp.
(2)Uni-President Enterprises Corp. accquires 19.2535% building and land
ownership of shopping mall B2 to 6F. and parking lots B5 to B3, No.11,
Songgao Road, Sinyi District, Taipei City from Tainan Spinning Co., Ltd.
Date of acquisition: announce acquisition on December 4th, 2023
Price of acquisition: NTD 4,939.25 million.
Relationship with the Company at the time of the transaction:
Uni-President Enterprises Corp. is the parent company of
President Chain Store Corp.
7.Projected gain (or loss) through disposal (not applicable for
acquisition of assets; those with deferral should provide a table
explaining recognition):NA
8.Terms of delivery or payment (including payment period and
monetary amount), restrictive covenants in the contract,
and other important terms and conditions:
Payment terms: accordance with the agreement.
Restrictive covenants in the contract: None.
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:
The manner of deciding on this transaction:
Negotiation based on market price.
The reference basis for the decision on price:
Based on market price.
The decision-making department: Board of directors.
10.Name of the professional appraisal firm or company and
its appraisal price:NA
11.Name of the professional appraiser:NA
12.Practice certificate number of the professional appraiser:NA
13.The appraisal report has a limited price, specific price,
or special price:NA
14.An appraisal report has not yet been obtained:NA
15.Reason for an appraisal report not being obtained:NA
16.Reason for any significant discrepancy with the appraisal reports
and opinion of the CPA:NA
17.Name of the CPA firm:NA
18.Name of the CPA:NA
19.Practice certificate number of the CPA:NA
20.Broker and broker's fee:NA
21.Concrete purpose or use of the acquisition or disposal:
For store operation.
22.Any dissenting opinions of directors to the present transaction:None.
23.Whether the counterparty of the current transaction is a
related party:Yes.
24.Date of the board of directors resolution:2024/07/31
25.Date of ratification by supervisors or approval by
the audit committee:2024/07/30
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:NA
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:NA
29.Any other matters that need to be specified:
Not yet been resolved by Board Meeting.
While the dispute exists in Board meeting resolution, it will be
disclosed.
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