Rich Development Construction: Announcement on the acquisition of real estate by the company


1.Name and nature of the underlying asset (e.g., land
located at Sublot XX, Lot XX, North District, Taichung City):
7 parking spaces in total, No. 113 to 119 at B2F., No. 99, Sec. 1,
Heping W. Rd., Zhongzheng Dist., Taipei City.
2.Date of the occurrence of the event:2022/03/25
3.Transaction unit amount (e.g.XX square meters, equivalent
to XX ping), unit price, and total transaction price:
 Transaction amount:
(1) Transaction unit amount:Trading amount: total building area of 155.75
m2, which is around 47.11 ping (7 parking spaces in total).
(2) unit price:NT$1,000,000 per parking space.
(3) total transaction price:NT$7,000,000.
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):
LEALEA ENTERPRISE CO., LTD.; relation with the Company:
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:
This project is jointly ventured and developed by the Company and LEALEA
ENTERPRISE CO., LTD. Each party holds 1/2 of the rights. To facilitate full
management rights and ownership, the Company intends to purchase the rest of
the rights from the related party.
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
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:
In accordance with the agreement 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 department:
(1)The manner of deciding on this transaction: price negotiation between
two parties.
(2)The reference basis for the decision on price: refer to market price.
(3)The decision-making department: Board of Directors.
10.Name of the professional appraisal firm or company
and its appraisal price:NA
11.Name of the professional appraiser:NA
12.Practice certificate number of the professional
13.The appraisal report has a limited price, specific
price, or special price:NA
14.An appraisal report has not yet been obtained: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:
The building will be registered as investment property after acquisition,
aiming for rent and sale in the future.
22.Any dissenting opinions of directors to the present
23.Whether the counterparty of the current transaction
 is a related party:Yes
24.Date of the board of directors' resolution:2022/03/25
25.Date of ratification by supervisors or approval
by the audit committee:2022/03/25
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:NA
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