[King Metal] Announcement Regarding Disposal of Nanke Factory Building and Facilities
King Metal announced the disposal of its Nanke factory building and facilities, expecting an estimated profit of approximately NT$4.06 billion. The sale to SPIL is intended to strengthen operating funds and support future development.
📋 Article Processing Timeline
- 📰 Published: April 30, 2026 at 09:00
- 🔍 Collected: May 1, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 1, 2026 at 10:53 (2h 52m after Collected)
1. Name and nature of the subject property (e.g., land in Taichung City, North District, XX Section, XX Small Section):
Building, factory, and attached facilities at No. 7, Beiyuan 1st Road, Shanhua District, Tainan City.
2. Date of event: 2026/04/30 ~ 2026/04/30
3. Date of Board of Directors approval: April 30, 2026
4. Other approval dates: Not applicable
5. Transaction unit quantity (e.g., XX square meters, equivalent to XX tsubo), price per unit, and total transaction amount:
Building area: 93,974.82 square meters (equivalent to 28,427.38 tsubo)
6. Counterparty and relationship with the company (if the counterparty is an individual and not related to the company, their name may be omitted):
SPIL (Siliconware Precision Industries Co., Ltd.)
Not a related party.
7. If the counterparty is a related party, announce the reason for selecting the related party as the transaction object, and the previous owner, the relationship between the previous owner, the company, and the counterparty, the date of the previous transfer, and the transfer amount:
Not applicable
8. If the owner of the transaction target was a related party within the last five years, announce the date of acquisition and disposal by the related party, the price, and the relationship with the company at the time of the transaction:
Not applicable
9. Estimated disposal profit (or loss) (not applicable for asset acquirers) (deferrals should be listed showing recognition status):
Estimated disposal profit of approximately NT$4.06 billion.
(Actual disposal profit will be accounted for after the transaction is completed and related expenses are deducted.)
10. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreements:
As stipulated in the asset sale agreement signed by both parties.
11. Method of decision for this transaction (e.g., tender, bid, or negotiation), reference basis for price determination, and decision-making unit:
Method of decision: Negotiation
Reference basis for price determination: Disposal price based on professional valuation reports and market information.
Decision-making unit: Board of Directors
12. Name of professional appraisal firm(s) and appraisal amount(s):
CHINESE APPRAISAL CO., LTD. / CHUNG HWA REAL ESTATE APPRAISAL FIRM
Appraisal amount: Approximately NT$6.51 billion
HONG BANG REAL ESTATE APPRAISER OFFICE / HONG BANG ASSET CONSULTANT CO., LTD.
Appraisal amount: Approximately NT$5.95 billion
13. Names of professional appraisers:
CHINESE APPRAISAL CO., LTD.: HSIEH, Tien-Ching / YANG, Kuang-Wu
HONG BANG REAL ESTATE APPRAISER OFFICE: LI, Ching-Tang / LO, Ying-Yuan
14. Professional appraiser's license number:
CHINESE APPRAISAL CO., LTD.: (99) Taipei City Appraisal Certificate No. 000149
HONG BANG REAL ESTATE APPRAISER OFFICE: (108) Taipei City Appraisal Certificate No. 000278
15. Are the appraisal reports limited price, specific price, or special price? No or Not applicable
16. Have appraisal reports not yet been obtained? No or Not applicable
17. Reason for not yet obtaining appraisal reports:
Not applicable
18. If appraisal results differ significantly, the reasons for the difference and accountant's opinion:
Not applicable
19. Name of accounting firm:
Not applicable
20. Name of accountant:
Not applicable
21. Accountant's license number:
Not applicable
22. Broker and brokerage fee:
Not applicable
23. Specific purpose or use of acquisition or disposal:
To supplement company operations and future development momentum, and to enrich operating capital.
24. Opinions of dissenting directors for this transaction:
Not applicable
25. Is this transaction a related party transaction? No
26. Date of approval by supervisors or audit committee:
Audit Committee approved on April 29, 2026.
27. Is this transaction an acquisition of real estate or its usage rights from a related party? No
28. Price assessed in accordance with Article 16 of the "Regulations Governing the Acquisition or Disposal of Assets by Publicly Issued Companies": Not applicable
29. If the price assessed in accordance with the preceding paragraph is lower than the transaction price, the price assessed in accordance with Article 17 of the same regulations: Not applicable
30. Date of previous announcement of material information for the same event: April 30, 2026
31. Other matters to be stated:
(1) Following the approval of the Audit Committee on April 29, 2026, this transaction was submitted to and approved by the Board of Directors on April 30, 2026.
Keywords: Material Information
Building, factory, and attached facilities at No. 7, Beiyuan 1st Road, Shanhua District, Tainan City.
2. Date of event: 2026/04/30 ~ 2026/04/30
3. Date of Board of Directors approval: April 30, 2026
4. Other approval dates: Not applicable
5. Transaction unit quantity (e.g., XX square meters, equivalent to XX tsubo), price per unit, and total transaction amount:
Building area: 93,974.82 square meters (equivalent to 28,427.38 tsubo)
6. Counterparty and relationship with the company (if the counterparty is an individual and not related to the company, their name may be omitted):
SPIL (Siliconware Precision Industries Co., Ltd.)
Not a related party.
7. If the counterparty is a related party, announce the reason for selecting the related party as the transaction object, and the previous owner, the relationship between the previous owner, the company, and the counterparty, the date of the previous transfer, and the transfer amount:
Not applicable
8. If the owner of the transaction target was a related party within the last five years, announce the date of acquisition and disposal by the related party, the price, and the relationship with the company at the time of the transaction:
Not applicable
9. Estimated disposal profit (or loss) (not applicable for asset acquirers) (deferrals should be listed showing recognition status):
Estimated disposal profit of approximately NT$4.06 billion.
(Actual disposal profit will be accounted for after the transaction is completed and related expenses are deducted.)
10. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreements:
As stipulated in the asset sale agreement signed by both parties.
11. Method of decision for this transaction (e.g., tender, bid, or negotiation), reference basis for price determination, and decision-making unit:
Method of decision: Negotiation
Reference basis for price determination: Disposal price based on professional valuation reports and market information.
Decision-making unit: Board of Directors
12. Name of professional appraisal firm(s) and appraisal amount(s):
CHINESE APPRAISAL CO., LTD. / CHUNG HWA REAL ESTATE APPRAISAL FIRM
Appraisal amount: Approximately NT$6.51 billion
HONG BANG REAL ESTATE APPRAISER OFFICE / HONG BANG ASSET CONSULTANT CO., LTD.
Appraisal amount: Approximately NT$5.95 billion
13. Names of professional appraisers:
CHINESE APPRAISAL CO., LTD.: HSIEH, Tien-Ching / YANG, Kuang-Wu
HONG BANG REAL ESTATE APPRAISER OFFICE: LI, Ching-Tang / LO, Ying-Yuan
14. Professional appraiser's license number:
CHINESE APPRAISAL CO., LTD.: (99) Taipei City Appraisal Certificate No. 000149
HONG BANG REAL ESTATE APPRAISER OFFICE: (108) Taipei City Appraisal Certificate No. 000278
15. Are the appraisal reports limited price, specific price, or special price? No or Not applicable
16. Have appraisal reports not yet been obtained? No or Not applicable
17. Reason for not yet obtaining appraisal reports:
Not applicable
18. If appraisal results differ significantly, the reasons for the difference and accountant's opinion:
Not applicable
19. Name of accounting firm:
Not applicable
20. Name of accountant:
Not applicable
21. Accountant's license number:
Not applicable
22. Broker and brokerage fee:
Not applicable
23. Specific purpose or use of acquisition or disposal:
To supplement company operations and future development momentum, and to enrich operating capital.
24. Opinions of dissenting directors for this transaction:
Not applicable
25. Is this transaction a related party transaction? No
26. Date of approval by supervisors or audit committee:
Audit Committee approved on April 29, 2026.
27. Is this transaction an acquisition of real estate or its usage rights from a related party? No
28. Price assessed in accordance with Article 16 of the "Regulations Governing the Acquisition or Disposal of Assets by Publicly Issued Companies": Not applicable
29. If the price assessed in accordance with the preceding paragraph is lower than the transaction price, the price assessed in accordance with Article 17 of the same regulations: Not applicable
30. Date of previous announcement of material information for the same event: April 30, 2026
31. Other matters to be stated:
(1) Following the approval of the Audit Committee on April 29, 2026, this transaction was submitted to and approved by the Board of Directors on April 30, 2026.
Keywords: Material Information