2/14/2025

Delta announced on behalf of its subsidiaries, DHK and DIH, the intention of the acquisition and disposal of real estate

  1. 1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City): Delta Electronics (H.K.) Limited (”DHK”) intends to acquire the offices located at 21st Floor & 22nd Floor, Prosperity Center, No. 25 Chong Yip Street, Kowloon, Hong Kong from Delta International Holding Limited B.V.(“DIH”)
  2. 2.Date of occurrence of the event: 2025/02/14
  3. 3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:
  4.    Officers area: Approximately 21,056 square feet
  5.    Transaction amount: Approximately USD14.68 million (equivalent to HKD114 million)
  6. 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):
  7.    The counterparties: DIH and DHK
  8.    The relationship with the Company: The companies mentioned above are the Company’s wholly owned subsidiaries.
  9. 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:
  10.    The reason for choosing the related party as trading counterparties: For the company's business development needs.
  11.    The identity of the previous owner: Prodes Company Limited
  12.    The relationship of the previous owner with the Company: None
  13.    The relationship of the previous owner with the trading counterparty: None
  14.    The previous date: 1999/09/17
  15.    The monetary amount of the previous transfer: Approximately HKD35.07 million (including stamp duty)
  16. 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:
  17.    The owner of the underlying assets within the past five years: DIH
  18.    Date of acquisition: 1999/09/17
  19.    Price of acquisition: Approximately HKD35.07 million (including stamp duty)
  20.    The relationship of the owner with the Company at the time of the transaction: DIH was the Company's wholly owned subsidiary.
  21. 7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition): N/A
  22. 8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:
  23.    Terms of delivery or payment are defined in the agreement signed by both parties.
  24.    Restrictions and other conditions are defined in the agreement signed by both parties.
  25. 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 Boards of Directors of DHK and DIH relied upon the appraisal amount evaluated by the professional appraisal institution and market conditions in making their final decision.
  26. 10.Name of the professional appraisal firm or company and its appraisal price:
  27.      Name of the professional appraisal institution: RHL Appraisal Limited
  28.      Its appraisal amount: HKD114 million
  29. 11.Name of the professional appraiser: Cheung Wai Ying
  30. 12.Practice certificate number of the professional appraiser: 0848399
  31. 13.The appraisal report has a limited price, specific price, or special price: N/A
  32. 14.An appraisal report has not yet been obtained: N/A
  33. 15.Reason for an appraisal report not being obtained: N/A
  34. 16.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA: N/A
  35. 17.Name of the CPA firm: N/A
  36. 18.Name of the CPA: N/A
  37. 19.Practice certificate number of the CPA: N/A
  38. 20.Broker and broker's fee: N/A
  39. 21.Concrete purpose or use of the acquisition or disposal: For business use
  40. 22.Any dissenting opinions of directors to the present transaction: No
  41. 23.Whether the counterparty of the current transaction is a related party: Yes
  42. 24.Date of the board of directors resolution: 2025/02/14
  43. 25.Date of ratification by supervisors or approval by the audit committee: NA
  44. 26.The transaction is to acquire a real property or right-of-use asset from a related party: Yes
  45. 27.The price assessed in accordance with the Article 16 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies: NA
  46. 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
  47. 29.Any other matters that need to be specified: None

Source:Delta Electronics, Inc.

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