Yuanta Financial: YFH on behalf of Yuanta Commercial Bank Co., Ltd. Announces Acquisition of Right-to-Use Assets of Yuanta Securities Co., Ltd.







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Provided by: Yuanta Financial Holding Co., Ltd

SEQ_NO

2

announcement date

2022/06/24

Announcement time

14:59:53

Matter

 YFH on behalf of Yuanta Commercial Bank Co., Ltd.
announces the acquisition of the right-of-use
asset from Yuanta Securities Co., Ltd.

Date of events

2022/06/24

What item it responds to

paragraph 20

Statement

1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):
Part of the 5th floor of No. 69, Baoqing Road, Taipei City
2.Date of occurrence of the event:2022/06/24
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),
unit price, and total transaction price:
Unit area:98.46 p'ing
Unit Price:NT$1,400/p'ing/month for the part of the 5th floor
(including business tax)
Total amount of the rents:NT$137,844/month(business tax included)
Total amount of right-of-use assets:NT$137,844(business tax included)
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):
Yuanta Securities Co., Ltd; a related party of the company
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:
For business operation and office use
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:
NA
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 term:2022/07/01~2022/07/31
NT$137,844 per month
Other important stipulations:No
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:
Based on the professional real estate appraisal report and
Approved by the President.
10.Name of the professional appraisal firm or company and
its appraisal price:
Institution name:Sinyi Real Estate Appraisers Joint Firm
Amount:NT$1,400/p'ing/month(business tax included)
11.Name of the professional appraiser:CHIN, WEI-HSIN
12.Practice certificate number of the professional appraiser:
(91)TCG NO.000001
13.The appraisal report has a limited price, specific price,
or special price:NA
14.An appraisal report has not yet been obtained:No
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 business operation and office use
22.Any dissenting opinions of directors to the present transaction:NA
23.Whether the counterparty of the current transaction is a
related party:Yes
24.Date of the board of directors resolution:NA
25.Date of ratification by supervisors or approval by
the audit committee:NA
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:None

Disclaimer

Yuanta Financial Holdings published this content on June 24, 2022 and is solely responsible for the information contained therein. Distributed by Audienceunedited and unmodified, on Jun 24, 2022 07:05:00 UTC.

Public now 2022

All news about YUANTA FINANCIAL HOLDING CO., LTD.

2022 sales 93,994M
3,160 million
3,160 million
Net income 2022 26,387M
887M
887M
Net debt 2022 74,622M
2,508 million
2,508 million
PER 2022 ratio 10.9x
2022 return 5.15%
Capitalization 280B
9,425 million
9,425 million
EV / Sales 2022 3.78x
EV / Sales 2023 3.61x
# of employees 14,704
Floating 78.9%

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Last closing price TWD23.10
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