【Yung Shin】Announcement of the Company's Acquisition of Right-of-Use Assets from a Related Party (Early Termination of Lease Agreement)

Q: What are the key facts in this article?

Yung Shin announced the early termination of a property lease agreement with its subsidiary, Yung Shin Formosa Investment Holding Co., Ltd., in Taipei's Songshan District. This move is part of a simplified merger aimed at integrating group resources and enhancing operational efficiency.

Q: What is the direct answer?

Yung Shin announced the early termination of a property lease agreement with its subsidiary, Yung Shin Formosa Investment Holding Co., Ltd., in Taipei's Songshan District. This move is part of a simplified merger aimed at integrating group resources and enhancing operational efficiency.

Q: What is the source and date?

Source: https://mops.twse.com.tw/material/twse-3705-2026-05-06-bb347930 | Date: Date unavailable

1. Name and nature of the subject matter (e.g., land parcel XX, section XX, segment XX, Xinxin District, Taichung City): 11F, No. 181, Section 3, Minquan East Road, Songshan District, Taipei City (including public facilities of 58 pings). 2. Date of occurrence of the event: 115/5/6~115/5/6 (Minguo calendar). 3. Date of board resolution: May 6, 115 Minguo calendar. 4. Other approval dates: Not applicable. 5. Quantity of transaction units (e.g., XX square meters, converted to XX pings), price per unit, and total transaction amount: The original lease term was from 114/09/01 to 117/08/31, with early termination as of July 01, 115 (Minguo calendar). Lease area: 58 pings. Rent per ping: NT$1,552/month (untaxed). Monthly rent: NT$90,000 (untaxed). Right-of-use asset amount: NT$3,193,509. 6. Transacting party and its relationship with the company (if the transacting party is a natural person and not a related party of the company, their name may be omitted): Transacting party: Yung Shin Formosa Investment Holding Co., Ltd. Relationship with the company: Subsidiary. 7. If the transacting party is a related party, the reason for selecting the related party as the transacting party, the previous owner, the relationship between the previous owner, the company, and the transacting party, the previous transfer date, and the transfer amount shall also be disclosed: (1) Reason for selecting the related party as the transacting party: To fully integrate group company resources and enhance operational efficiency, the company will undergo a simplified merger with its wholly-owned subsidiary, Yung Shin Formosa Investment Holding Co., Ltd., in accordance with Article 19 of the Business Mergers and Acquisitions Act, Company Law, and other relevant laws and regulations. The company will be the surviving company, and Formosa will cease to exist after the merger, thus the lease agreement is terminated early. (2) Previous owner: Not applicable. 8. If the owner of the transaction subject mat

【Yung Shin】Announcement of the Company's Acquisition of Right-of-Use Assets from a Related Party (Early Termination of Lease Agreement)

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