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Board of Directors' resolution to purchase Run-Top Corporation’s RC Office Building
1.Name and nature of the subject matter (e.g.land located at Sublot XX, Lot XX, North District, Taichung City):Located at on No. 1, Lane 21, Singhua Road, Taoyuan City, Taoyuan County.
2.Date of the occurrence of the event:2008/07/31
3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing), unit price, total transaction price: Land Area: 10,585.00 SQM (3,201.96 Pings) Building Area: 40,040.03 SQM (12,112.12 Pings) The maximan purchase price be set at NTD 900,000,000
4.Counterparty to the trade and its relationship with the company (if the trading counterpart is a natural person and is not an actual related party of the Company, the name of the trading counterpart is not required to be disclosed):Runtop Corp.; Relationship:None
5.Where the counterpart to the trade is an actual related party, a public announcement shall also include the reason for choosing the related party as trading counterpart and the identity of the previous owner (including its relationship with the company and the trading counterpart), price of transfer and the date of acquisition:N/A
6.Where a person who owned the property within the past five years has been an actual related person of the company, a public announcement shall also include the dates and prices of acquisition and disposal by the related person and the person’s relationship to the company at those times:N/A
7.Anticipated loss or profit from the disposal (not applicable in cases of acquisition of assets) (where originally deferred, the status or recognition shall be stated and explained):N/A
8.Terms of delivery or payment (including payment period and monetary amount):The Chairperson or Chairperson’s designated person be given authorization to negotiate with the opposing side regarding terms and conditions of the purchase agreement and to implement all matters related to such agreement.
9.The manner of deciding on this transaction (such as tender invitation, price comparison, or price negotiation), the reference basis for the decision on price and the decision-making department:The price of the transaction was determined through negotiation and was approved by the Board, based on the appraisals of land provided by Euro-Asia Real Estate Appraisers Firm.
10.Name of the professional appraisal institution and its appraisal amount:Euro-Asia Real Estate Appraisers Firm appraised the property at NTD 954,861,523
11.Reason for any significant discrepancy with the transaction amount, and opinion of the certifying CPA:N/A
12.Is the appraisal report price a limited price or specific price?:N/A
13.Has an appraisal report not yet been obtained?: N/A
14.Reason an appraisal report has not yet been obtained: N/A 15.Broker and broker's fee: N/A
6.Concrete purpose or use of the acquisition or disposition:Supporting facilities such as office space, parking lots, dormitory.
17.Do the directors have any objection to the present transaction?:N/A 18.Any other matters that need to be specified:None