1. Name and nature of the underlying asset: Part of the 1st floor, No. 2*1, Jialin Rd., Linkou Dist., New Taipei City. 2. Date of occurrence: April 24, 2026. 3. Date of approval by the board of directors: Not applicable. 4. Other authorization date: April 24, 2026. Level of authorization: Chairman authorized to execute first, with subsequent reporting to the board for ratification. 5. Transaction unit quantity, unit price, and total amount: Quantity: 18.14 ping. Unit price: Monthly rent of NT$1,378 per ping (tax incl.). Total monthly rent: NT$25,000 (tax incl.). Right-of-use asset amount: NT$1,367,043. 6. Counterparty and relationship: Ever Green Cable TV Co., Ltd., a related party. 7. Reason for choosing the related party: Considering the location of the counterparty's premises and customer needs for telecom services, it is the most suitable location for construction in that area. Previous transfer details: Ever Green Cable TV leases 45.41 ping from a natural person and subleases 18.14 ping to TFN. 8. Owner's information in the last 5 years: Not applicable. 9. Expected gain/loss: Not applicable for asset acquisition. 10. Payment terms and lease period: Monthly payment. Lease term: May 1, 2026, to April 30, 2031. 11. Determination of transaction price: Determined by management based on internal regulations under the Chairman's authorization. 12. Professional valuer: Not applicable. 13. Name of valuer: Not applicable. 14. Certificate number: Not applicable. 15. Limited/Specified/Special price report: No or not applicable. 16. Report not yet obtained: No or not applicable. 17. Reason for no report: Not applicable. 18. Major differences in results: Not applicable. 19. Audit firm: Not applicable. 20. Name of auditor: Not applicable. 21. Auditor certificate: Not applicable. 22. Broker and fees: None. 23. Specific purpose of acquisition: To expand fixed network coverage, lay fiber optic cables, and build transmission equipment to provide consumers with stable and high-quality services. 24. Dissenting director's opinion: None. 25. Related party transaction: Yes. 26. Supervisor/Audit Committee approval date: Expected May 13, 2026. 27. Acquisition of real estate/right-of-use asset from a related party: Yes. 28. Price evaluation (Art. 16): Not applicable. 29. Price evaluation (Art. 17): Not applicable. 30. Previous relevant material info: Not applicable. 31. Other notes: Rent may vary in the future.
FACT BOX
- Source: PR Times
- Category: Partnership