Hongyang-KY: Announcement on Subsidiary Taiwan Boguang Electronics Co., Ltd. Leasing Right-of-Use Asset from a Related Party
Taiwan Boguang Electronics, a subsidiary of Hongyang-KY, announced the lease of an office in Xindian District, New Taipei City, from Ms. Kao Kuei-Chen, the company's chairman. This related-party transaction involves a monthly rent of NT$70,000 for a period of three years, aiming to enhance operational synergy.
📋 Article Processing Timeline
- 📰 Published: January 1, 2025 at 09:00
- 🔍 Collected: May 5, 2026 at 08:00 (11735h 0m after Published)
- 🤖 AI Analyzed: May 5, 2026 at 08:06 (6 min after Collected)
1. Name and Nature of Subject Matter (e.g., land in Xindian District, New Taipei City): Office in Xindian District, New Taipei City.
2. Date of Occurrence of Fact: 2025/1/1~2025/1/1
3. Date of Board Approval: May 12, 2026
4. Other Approval Dates: Not applicable
5. Quantity of Transaction Unit (e.g., XX square meters, converted to XX ping), Price per Unit, and Total Transaction Amount: Total area 47 ping; Monthly rent (inclusive of tax): NT$70,000; Right-of-use asset amount: NT$2,387,465.
6. Counterparty and its Relationship with the Company (If the counterparty is a natural person and not a related party of the company, their name may be omitted):
Counterparty: Kao Kuei-Chen, Chairman of the company.
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner, the relationship between the previous owner, the company, and the counterparty, the previous transfer date, and transfer amount should also be disclosed:
Reason for selecting a related party as transaction object: The property is adjacent to the group's headquarters. Considering its convenient transportation location, area, and layout planning, it is beneficial for sharing administrative resources, saving management costs, and maximizing the group's operational synergy.
Previous owner: Previous owner: More than five years ago, so not applicable.
8. If the owner of the transaction object in the past five years was a related party of the company, the date and price of acquisition and disposal by the related party, and the relationship with the company at the time of the transaction should also be disclosed:
Not applicable
9. Estimated Disposal Profit (or Loss) (Not applicable to asset acquisition) (Deferred items should be listed and explained for recognition):
Not applicable
10. Delivery or Payment Terms (including payment period and amount), Contract Restrictions, and Other Important Covenants:
Lease term: From January 1, 2025, to December 31, 2027, with monthly rent payments.
Contract restrictions and other important covenants: None.
11. Method of Decision for This Transaction (e.g., tender, price comparison, or negotiation), Reference Basis for Price Determination, and Decision-Making Unit:
The transaction amount is determined by referencing market rental prices in the same area and is decided by the responsible unit according to the company's approval authority and relevant regulations such as the "Procedures for Acquisition or Disposal of Assets."
12. Professional Appraiser's Office or Company Name and Appraisal Amount:
Not applicable
13. Name of Professional Appraiser:
Not applicable
14. Professional Appraiser's License Number:
Not applicable
15. Is the appraisal report a limited price, specific price, or special price: No or Not applicable
16. Has the appraisal report not yet been obtained: No or Not applicable
17. Reason for not yet obtaining the appraisal report:
Not applicable
18. If there is a significant discrepancy in the appraisal results, the reason for the discrepancy and the accountant's opinion:
Not applicable
19. Accounting Firm Name:
Not applicable
20. Accountant Name:
Not applicable
21. Accountant's License Number:
Not applicable
22. Broker and Brokerage Fees:
Not applicable
23. Specific Purpose or Use of Acquisition or Disposal:
Leasing for office space.
24. Opinion of Dissenting Directors in This Transaction:
To be ratified by the Board of Directors on May 12, 2026.
25. This transaction is a related-party transaction: Yes.
26. Date of Supervisor Approval or Audit Committee Consent:
To be ratified by the Board of Directors on May 12, 2026.
27. This transaction involves acquiring real estate or right-of-use assets from a related party: Yes.
28. Price assessed according to Article 16 of the "Regulations Governing the Acquisition or Disposal of Assets by Public Companies": Not applicable.
29. If the price assessed in the preceding item is lower than the transaction price, the price assessed according to Article 17 of the same regulations: Not applicable.
30. Date of previous material information release regarding the same event: Not applicable.
31. Other Matters to be Specified:
None.
Keywords: Material Information
2. Date of Occurrence of Fact: 2025/1/1~2025/1/1
3. Date of Board Approval: May 12, 2026
4. Other Approval Dates: Not applicable
5. Quantity of Transaction Unit (e.g., XX square meters, converted to XX ping), Price per Unit, and Total Transaction Amount: Total area 47 ping; Monthly rent (inclusive of tax): NT$70,000; Right-of-use asset amount: NT$2,387,465.
6. Counterparty and its Relationship with the Company (If the counterparty is a natural person and not a related party of the company, their name may be omitted):
Counterparty: Kao Kuei-Chen, Chairman of the company.
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner, the relationship between the previous owner, the company, and the counterparty, the previous transfer date, and transfer amount should also be disclosed:
Reason for selecting a related party as transaction object: The property is adjacent to the group's headquarters. Considering its convenient transportation location, area, and layout planning, it is beneficial for sharing administrative resources, saving management costs, and maximizing the group's operational synergy.
Previous owner: Previous owner: More than five years ago, so not applicable.
8. If the owner of the transaction object in the past five years was a related party of the company, the date and price of acquisition and disposal by the related party, and the relationship with the company at the time of the transaction should also be disclosed:
Not applicable
9. Estimated Disposal Profit (or Loss) (Not applicable to asset acquisition) (Deferred items should be listed and explained for recognition):
Not applicable
10. Delivery or Payment Terms (including payment period and amount), Contract Restrictions, and Other Important Covenants:
Lease term: From January 1, 2025, to December 31, 2027, with monthly rent payments.
Contract restrictions and other important covenants: None.
11. Method of Decision for This Transaction (e.g., tender, price comparison, or negotiation), Reference Basis for Price Determination, and Decision-Making Unit:
The transaction amount is determined by referencing market rental prices in the same area and is decided by the responsible unit according to the company's approval authority and relevant regulations such as the "Procedures for Acquisition or Disposal of Assets."
12. Professional Appraiser's Office or Company Name and Appraisal Amount:
Not applicable
13. Name of Professional Appraiser:
Not applicable
14. Professional Appraiser's License Number:
Not applicable
15. Is the appraisal report a limited price, specific price, or special price: No or Not applicable
16. Has the appraisal report not yet been obtained: No or Not applicable
17. Reason for not yet obtaining the appraisal report:
Not applicable
18. If there is a significant discrepancy in the appraisal results, the reason for the discrepancy and the accountant's opinion:
Not applicable
19. Accounting Firm Name:
Not applicable
20. Accountant Name:
Not applicable
21. Accountant's License Number:
Not applicable
22. Broker and Brokerage Fees:
Not applicable
23. Specific Purpose or Use of Acquisition or Disposal:
Leasing for office space.
24. Opinion of Dissenting Directors in This Transaction:
To be ratified by the Board of Directors on May 12, 2026.
25. This transaction is a related-party transaction: Yes.
26. Date of Supervisor Approval or Audit Committee Consent:
To be ratified by the Board of Directors on May 12, 2026.
27. This transaction involves acquiring real estate or right-of-use assets from a related party: Yes.
28. Price assessed according to Article 16 of the "Regulations Governing the Acquisition or Disposal of Assets by Public Companies": Not applicable.
29. If the price assessed in the preceding item is lower than the transaction price, the price assessed according to Article 17 of the same regulations: Not applicable.
30. Date of previous material information release regarding the same event: Not applicable.
31. Other Matters to be Specified:
None.
Keywords: Material Information