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ASE Holding Announces Subsidiary SPIL's Acquisition of Land Use Rights

AI Summary (NQ-processed)

ASE Holding's subsidiary, Silicon Precision Industries Co., Ltd. (SPIL), has resolved to acquire land use rights in the Central Taiwan Science Park's Erh-Lin Area. The leased area is 111,500 square meters for a 20-year term, with a total asset value of approximately NT$469.6 million, aimed at meeting operational demands.

AI Analysis

Frequently Asked Questions

Q: Where is the acquired land located?
A: It is located in Zone 15-3, Erh-Lin Area, Central Taiwan Science Park, Taichung City.
Q: What is the lease term?
A: The lease period is 20 years.
Q: What is the purpose of this transaction?
A: To expand production capacity in response to operational demands.