[Continental Holdings] Announcement of Acquisition of Right-of-use Assets
Continental Holdings announced the renewal of an office lease with its subsidiary, Continental Engineering Corp., acquiring right-of-use assets worth 71,634,107 TWD for office space in Taipei.
📋 Article Processing Timeline
- 📰 Published: April 22, 2026 at 09:00
- 🔍 Collected: April 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 23, 2026 at 13:16 (5h 16m after Collected)
1. Name and nature of asset: Office at 23F, No. 95, Sec. 2, Dunhua S. Rd., Taipei City.
2. Date of occurrence: 2026/04/22.
3. Date of BoD approval: N/A.
4. Other decision date: Approved per Article 15(2) of Procedures for Acquisition/Disposal of Assets; to be ratified by the next BoD. Date: 2026/04/22.
5. Quantity, unit price, and total amount: Total 400.04 pings, approx. 3,125~3,219 TWD/ping/month (excl. tax). Total contract amount: 76,245,132 TWD. Right-of-use asset: 71,634,107 TWD.
6. Counterparty and relationship: Continental Engineering Corp. (Subsidiary).
7. Reason for choosing related party: Lease renewal. Previous owner/transfer details: N/A.
8. Previous owners within 5 years: N/A.
9. Expected disposal profit/loss: N/A.
10. Payment terms/restrictions: Monthly payment per contract. Lease term: 2026.07.01-2031.12.31. Restrictions: None.
11. Method of determination: Price negotiation based on market rates for regional office rentals. Chairman authorized up to a certain limit, to be ratified by BoD.
12-22. Professional appraiser, CPA details, broker fees: N/A.
23. Purpose: For office use.
24. Dissenting directors: None.
25. Related party transaction: Yes.
26. Approval by supervisors/audit committee: N/A.
27. Acquiring from related party: Yes.
28-31. Assessed prices and other matters: N/A / None.
2. Date of occurrence: 2026/04/22.
3. Date of BoD approval: N/A.
4. Other decision date: Approved per Article 15(2) of Procedures for Acquisition/Disposal of Assets; to be ratified by the next BoD. Date: 2026/04/22.
5. Quantity, unit price, and total amount: Total 400.04 pings, approx. 3,125~3,219 TWD/ping/month (excl. tax). Total contract amount: 76,245,132 TWD. Right-of-use asset: 71,634,107 TWD.
6. Counterparty and relationship: Continental Engineering Corp. (Subsidiary).
7. Reason for choosing related party: Lease renewal. Previous owner/transfer details: N/A.
8. Previous owners within 5 years: N/A.
9. Expected disposal profit/loss: N/A.
10. Payment terms/restrictions: Monthly payment per contract. Lease term: 2026.07.01-2031.12.31. Restrictions: None.
11. Method of determination: Price negotiation based on market rates for regional office rentals. Chairman authorized up to a certain limit, to be ratified by BoD.
12-22. Professional appraiser, CPA details, broker fees: N/A.
23. Purpose: For office use.
24. Dissenting directors: None.
25. Related party transaction: Yes.
26. Approval by supervisors/audit committee: N/A.
27. Acquiring from related party: Yes.
28-31. Assessed prices and other matters: N/A / None.