Yuanta Futures : on behalf of Yuanta Futures (HK) announces the acquisition of the right-of-use asset from Yuanta Securities (HK)

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Provided by: Yuanta Futures Co., Ltd.
SEQ_NO	1	Date of announcement	2022/08/19	Time of announcement	14:26:43
Subject	Yuanta Futures on behalf of Yuanta Futures (HK) announces the acquisition of the right-of-use asset from Yuanta Securities (HK)
Date of events	2022/08/19	To which item it meets	paragraph 20
Statement	1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City): 23/F., Admiralty Centre, Tower 1, No. 18 Harcourt Road, Hong Kong 2.Date of the occurrence of the event:2022/08/19 3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price: Transaction amount: HKD$3,596,887 Lease area: Approximately 3,265.1 square foot Unit price: HKD$48 per square foot per month by floor Monthly price: HKD$156,725 4.Trading counterparty and its relationship to 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): Trading Counterparty: Yuanta Securities (Hong Kong) Co., Ltd. Relationship with the Company: A related party of the Company. 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 value of transfer: Reason for choosing the related party: Enhance collaboration within Yuanta group and cost reduction. Previous owner: SMART HUGE INVESTMENTS LIMITED Previous owner's relationship with the Company and the trading counterparty: SMART HUGE INVESTMENTS LIMITED is not a related party of Yuanta Securities (HK) and Yuanta Futures (HK). Previous date of transfer: Yuanta Securities (HK) rents an office from SMART HUGE INVESTMENTS LIMITED for two years from 2022/11/01, and shares with Yuanta Futures (HK) for two years from 2022/11/16. Previous price of transfer: The gross rent for two years is HKD$23,406,336. 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 to 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 value), restrictive covenants in the contract, and other important terms and conditions: Payment term: Once a month, HKD$156,725 each time. Other important stipulations: The lease term is anticipated to commence from 2022/11/16 to 2024/11/15. 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 department: Reference basis for the decision on price: HKD$48 per square foot per month by floor as agreed by Yuanta Securities (HK) and its landlord. Decision-making department: Board of directors. 10.Name of the professional appraisal firm or company and its appraisal price: Appraisal firm name: CHENG ZHENG CROSS-STRAIT REAL ESTATE APPRAISERS FIRM Reasonable appraisal price range: Between HKD$3,715,730 to HKD$3,361,851 11.Name of the professional appraiser: Lin Jin-Sheng 12.Practice certificate number of the professional appraiser: (94) Taipei Estimation No. 000060 13.The appraisal report has a limited price, specific price, or special price: No 14.An appraisal report has not yet been obtained: No 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: UGUS Certified Public Accountants 18.Name of the CPA: Wang Chun-Chang 19.Practice certificate number of the CPA: Taipei CPAs Association License No.1845 20.Broker and broker's fee: NA 21.Concrete purpose or use of the acquisition or disposal: Yuanta Futures (HK) rents 23/F., Admiralty Centre, Tower 1, No. 18 Harcourt Road, Hong Kong for business operation and self-use purpose. 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: 2022/08/19 25.Date of ratification by supervisors or approval by the audit committee: NA 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: HKD$3,609,883 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: All the prices mentioned above should be addressed as HKD.