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|HTC expands presence in Xindian with acquisition of additional office space|
1.Date of occurrence of the event:2010/11/22
2.Company name:HTC Corporation
3.Relationship to the Company (please enter ”head office” or ”affiliate company”):head office.
4.Reciprocal shareholding ratios:None
5.Cause of occurrence:
HTC Corporation, a global designer of smartphones, announced that its Board of Directors has approved the acquisition of additional office spaces on the 3rd and 8th storeys of the building located at No.6-2 to 6-3, Baoqiang Rd., Xindian City, Taipei County from a related party, VIA Technologies Inc for the amount of NT$ 404,000,000. The acquisition includes office space of 1,140 ping and 12 regular parking lots and 25 mechanical parking lots. The transaction is expected to be closed by the end of December 2010.
In order to build a foundation for greater growth and create a conducive working environment for its growing talent pool, the company decided that the acquisition of space near its new Taipei headquarters building in Xindian, would best serve its needs. HTC has also appointed two real estate advisory firms to conduct due diligence and appraisal for this transaction.
7.Any other matters that need to be specified:None