• Tue. Jun 21st, 2022

CHC Healthcare: On behalf of CHC’s subsidiary, Treasure of Health Co., Ltd., to announce the acquisition of right-of-use assets from a related party

ByWillie M. Evans

May 24, 2022






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Provided by: CHC Healthcare Group

SEQ_NO

ten

announcement date

2022/05/24

Announcement time

18:31:12

Matter

 On behalf of CHC's subsidiary, Treasure of
Health Co., Ltd. to announce the acquisition of
Right-of-use assets from related party

Date of events

2022/05/24

What item it responds to

paragraph 20

Statement

1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):
(1)Name and nature of the underlying asset:B1F., No. 31, Ln. 73, Linsen St.,
   Xizhi Dist., New Taipei City
(2)Name and nature of the underlying asset:8F., No. 45, Zhongxing Rd.,
   Xizhi Dist., New Taipei City
2.Date of occurrence of the event:2022/05/24
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),
unit price, and total transaction price:
(1)Transaction unit amount:387.57 pings
   unit price:NT441 per ping(tax excluded),Monthly rent is NT$171 thousand
   (tax excluded), total transaction price:NT19,530 thousand
(2)Transaction unit amount:153.69 pings
   unit price:NT813 per ping(tax included),Monthly rent is NT$125 thousand
   (tax included), total transaction price:NT14,281 thousand
4.Trading counterparty and its relationship with the Company (if the trading
counterparty is a natural person and furthermore is not a related party of
the Company, the name of the trading counterparty is not required to be
disclosed):
(1)Trading counterparty: Errand Co.,Ltd.
   relationship with the Company:Treasure of Health Co., Ltd.'s shareholder
(2)Trading counterparty: SU,KUN-ZHANG
   relationship with the Company:Treasure of Health Co., Ltd.'s shareholder
   and Director
5.Where the trading counterparty is a related party, announcement shall also
be made of the reason for choosing the related party as trading counterparty
and the identity of the previous owner, its relationship with the Company
and the trading counterparty, and the previous date and monetary amount of
transfer:
(1)the reason for choosing the related party as trading counterparty:Location
   is good for Business needs.
   the identity of the previous owner:LIN,WEI-LING
   its relationship with the Company and the trading counterparty:NA
   the previous date:2021/11/19
   monetary amount of transfer:NT29,620 thousand
(2)the reason for choosing the related party as trading counterparty:Location
   is good for Business needs.
   the identity of the previous owner:XU,YI-SONG
   its relationship with the Company and the trading counterparty:NA
   the previous date:2020/10/15
   monetary amount of transfer:NT26,000 thousand
6.Where an owner of the underlying assets within the past five years has
been a related party of the Company, the announcement shall also include the
date and price of acquisition and disposal by the related party, and its
relationship with the Company at the time of the transaction:NA
7.Projected gain (or loss) through disposal (not applicable for
acquisition of assets; those with deferral should provide a table
explaining recognition):NA
8.Terms of delivery or payment (including payment period and
monetary amount), restrictive covenants in the contract,
and other important terms and conditions:
(1)10 years lease,rent is paid monthly.
   Monthly rent is NT$171 thousand(tax excluded),with 3% increase every
   three years.
(2)10 years lease,rent is paid monthly.
   Monthly rent is NT$125 thousand(tax included),with 3% increase every
   three years.
9.The manner of deciding on this transaction (such as invitation to tender,
price comparison, or price negotiation), the reference basis for the
decision on price, and the decision-making unit:It shall be resolved
 according to the Company's "Procedures Governing the Acquisition or
 Disposal of Assets".
10.Name of the professional appraisal firm or company and
its appraisal price:
(1)Name of the professional appraisal firm:
   CCIS Real Estate Joint Appraisers Firm
   appraisal price:NT19,464 thousand
(2)Name of the professional appraisal firm:
   CCIS Real Estate Joint Appraisers Firm
   appraisal price:NT14,226 thousand
11.Name of the professional appraiser:Chang, Chih-Chia
12.Practice certificate number of the professional appraiser:TCG(109)000289
13.The appraisal report has a limited price, specific price,
or special price:No or NA
14.An appraisal report has not yet been obtained:No or NA
15.Reason for an appraisal report not being obtained:NA
16.Reason for any significant discrepancy with the appraisal reports
and opinion of the CPA:NA
17.Name of the CPA firm:NA
18.Name of the CPA:NA
19.Practice certificate number of the CPA:NA
20.Broker and broker's fee:NA
21.Concrete purpose or use of the acquisition or disposal:Business needs
22.Any dissenting opinions of directors to the present transaction:No
23.Whether the counterparty of the current transaction is a
related party:Yes
24.Date of the board of directors resolution:2022/05/24
25.Date of ratification by supervisors or approval by
the audit committee:2022/05/24
26.The transaction is to acquire a real property or right-of-use
asset from a related party:Yes
27.The price assessed in accordance with the Article 16 of the
Regulations Governing the Acquisition and Disposal of Assets
by Public Companies:45,775,480
28.Where the above assessed price is lower than the transaction price,
the price assessed in accordance with the Article 17 of the same
regulations:NA
29.Any other matters that need to be specified:None

Warning

CHC Health Group published this content on May 24, 2022 and is solely responsible for the information contained therein. Distributed by Audienceunedited and unmodified, on May 24, 2022 10:48:02 AM UTC.

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