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ASE Holding Announces Subsidiary Huanhong Technology Acquires Right-of-Use Asset from Related Party

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AI Summary (NQ-processed)

Huanhong Technology Corp., a subsidiary of ASE Holding, has announced the acquisition of a right-of-use asset for a factory located in Nantou County, Taiwan, from its related company Huan Dian Corp. The lease agreement, driven by operational needs, spans three years with a monthly rent of approximately NT$5.9 million.

AI Analysis

Frequently Asked Questions

Q: Where is the factory located?
A: At No. 330, Gongye Road, Nantou City, Nantou County, in central Taiwan's industrial zone.
Q: Is the lease agreement flexible?
A: Yes. The leased area and rent can be adjusted by mutual agreement based on changing needs.
Q: How does the rental price compare to market rates?
A: The rent is nearly equivalent to the market valuation by a professional appraiser, deemed fair.