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[MediaTek] Announcement on behalf of subsidiary MEDIATEK USA INC. regarding the acquisition of right-of-use assets

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AI Summary (NQ-processed)

MediaTek's US subsidiary, MEDIATEK USA INC., will lease an office space in San Jose, California, with a total right-of-use asset value of approximately US$41.55 million.

AI Analysis

Frequently Asked Questions

Q: What is the specific address of the office building acquired by MEDIATEK USA INC.?
A: The office is located at Santa Clara Gateway – Building 2, 5453 Great America Parkway, Santa Clara, CA 95054.
Q: Who is the counterparty in this transaction and what is their relationship to the company?
A: The counterparty is Santa Clara Gateway I LLC, and they are a non-related party to the company.
Q: What is the total transaction volume of the right-of-use asset in square feet?
A: The total transaction volume of the right-of-use asset is 110,979 square feet.
Q: What is the initial monthly rent for the property and what is the annual rent increase rate?
A: The initial monthly rent is US$410,622.30, and there is a 3% annual rent increase.
Q: What is the total amount of the right-of-use asset specified in the announcement?
A: The total amount of the right-of-use asset is US$41,559,651.94.