Today's Information |
Provided by: WAN HAI LINES LTD. | |||||
SEQ_NO | 5 | Date of announcement | 2022/08/08 | Time of announcement | 16:25:54 |
Subject | Announcement for vessel acquisition | ||||
Date of events | 2022/08/08 | 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): 12 full-container vessels 2.Date of occurrence of the event:2022/08/08 3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price: 12 full-container vessels , Unit Price:USD21,300,000~USD65,300,000 /per vessel, Total transaction price: USD444,500,000, about TWD13.32 billion. 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): WAN HAI LINES (SINGAPORE) PTE LTD which is the subsidiary of Wan Hai Lines LTD. 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: The reason for choosing the related party: Base on the group's fleet planning and efficiency of operation, the vessel is owned by Wan Hai Lines LTD. Previous owner: WAN HAI LINES LTD., the parent company of WAN HAI LINES (SINGAPORE) PTE LTD MI DAS Line S.A,non-related party of Wan Hai Lines Ltd. JURONG SHIPYARD PTE LTD.,non-related party of Wan Hai Lines Ltd. CHINA SHIPBUILDING CORP.,non-related party of Wan Hai Lines Ltd. CSBC CORPORATION, TAIWAN,non-related party of Wan Hai Lines Ltd. Previous date: Trading counterparty is a related party:2002/2/28~2012/7/12 Trading counterparty is a non-related party:2005/9/22~2017/8/29 Monetary amount of transfer: Trading counterparty is a related party: Total transaction price: USD208,600,359.99 Trading counterparty is a non-related party: Total transaction price: USD192,983,179.78 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:N/A 7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition):N/A 8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: The payment will be arranged based on the contract. 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: The transaction decision was made by price negotiation. The reference was based on the recent market price. The Board of Director has authorized Chairman to make a final decision. 10.Name of the professional appraisal firm or company and its appraisal price:N/A 11.Name of the professional appraiser:N/A 12.Practice certificate number of the professional appraiser:N/A 13.The appraisal report has a limited price, specific price, or special price:N/A 14.An appraisal report has not yet been obtained:N/A 15.Reason for an appraisal report not being obtained:N/A 16.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA:N/A 17.Name of the CPA firm:N/A 18.Name of the CPA:N/A 19.Practice certificate number of the CPA:N/A 20.Broker and broker's fee:N/A 21.Concrete purpose or use of the acquisition or disposal: For the group's fleet allocation and and efficiency of operation. 22.Any dissenting opinions of directors to the present transaction:None. 23.Whether the counterparty of the current transaction is a related party:YES 24.Date of the board of directors resolution:2022/08/08 25.Date of ratification by supervisors or approval by the audit committee:2022/08/08 26.The transaction is to acquire a real property or right-of-use asset from a related party:NO 27.The price assessed in accordance with the Article 16 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies:N/A 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:N/A 29.Any other matters that need to be specified: Authorized the chairman to determine the vessel transaction within the above number of vessel and amount in accordance with the requirement of actual fleet allocation. |
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Wan Hai Lines Ltd. published this content on 08 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 August 2022 08:43:08 UTC.