Traffic Control System (TCS) Package 3 Fault-Tolerant Computer (FTC) Mainframe Upgrade Procurement Announcement (Contract number: E231)
2019/04/17
1.Name and nature of the subject matter (e.g. land located at Sublot XX, Lot XX, North District, Taichung City):
TCS/FTC mainframe upgrade
2.Date of the occurrence of the event: 2019/4/17
3.Transaction volume (e.g. XX square meters, equivalent to XX p'ing), unit price, total transaction price:
(1)TCS/FTC mainframe computers: 2.
(2)Unit price: Not applicable.
(3)Total transaction price: 2,626,531,000 JPY and 120,955,462 NTD (tax inclusive)
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):
Disclosure not required.
5.Where the counterparty 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: Not applicable.
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: Not applicable.
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): Not applicable.
8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract,and other important stipulations: None.
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 manner of deciding on this transaction: Conducted in accordance with THSRC internal procedures for price inquiry, comparison, and negotiation.Decision-making department: Board of Directors.
10.Name of the professional appraisal institution and its appraisal amount: Not applicable.
11.Name of the appraiser: Not applicable.
12.Practice certificate number of the appraiser: Not applicable.
13.Is the appraisal report price a limited price or specific price?: None or not applicable.
14.Has an appraisal report not yet been obtained?: None or not applicable.
15.Reason for an appraisal report not been obtained: Not applicable.
16.Reason for any significant discrepancy with the transaction amount, and opinion of the certifying CPA: Not applicable.
17.Name of the CPA firm: Not applicable.
18.Name of the certifying CPA: Not applicable.
19.The practice certificate number of the CPA: Not applicable.
20.Broker and broker's fee: Not applicable.
21.Concrete purpose or use of the acquisition or disposal: Upgrade of TCS computer mainframe to sustain high stability and reliability of the computer mainframe.
22.Do the directors have any objection to the present transaction?: None.
23.Is it a related party transaction?: No.
24.Date of the board of directors’ resolution: Not applicable.
25.Date of the recognition of the supervisors or the board of independent directors’ resolution: Not applicable.
26.Is the transaction to acquire a real estate or right-of-use asset from the related party?: No.
27.The appraisal price conducted in accordance with the Article 16 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies": Not applicable.
28.Where the above appraisal price is lower than the transaction price, the appraisal price conducted in accordance with the Article 17 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies": Not applicable.
29.Any other matters that need to be specified:
Approved by the 8th Board of Directors at the 25th Board Meeting held April 17, 2019.
