What is the purpose of this land acquisition?

To expand production and R&D facilities in response to growing operational demand.

What is the total transaction value?

The land use right asset is valued at approximately NT$469.64 million.

What is the lease term?

A 20-year long-term lease agreement has been signed.

Who is the counterparty?

The Administration of Central Taiwan Science Park, National Science and Technology Council.

How does this transaction impact shareholders?

It strengthens long-term revenue growth potential through stable capacity expansion.

SPIL Announces Board Resolution to Acquire Land Use Rights in Central Taiwan Science Park

AI Summary (NQ-processed)

Siliconware Precision Industries Co., Ltd. (SPIL), a subsidiary of Advanced Semiconductor Engineering, Inc. (ASE Holding), announced its board resolution to acquire land use rights in the Zhongke ERLin Park Zone 15-3. The 20-year lease supports expanding operational needs.

AI Analysis

Frequently Asked Questions

Q: What is the purpose of this land acquisition?: A: To expand production and R&D facilities in response to growing operational demand.
Q: What is the total transaction value?: A: The land use right asset is valued at approximately NT$469.64 million.
Q: What is the lease term?: A: A 20-year long-term lease agreement has been signed.
Q: Who is the counterparty?: A: The Administration of Central Taiwan Science Park, National Science and Technology Council.
Q: How does this transaction impact shareholders?: A: It strengthens long-term revenue growth potential through stable capacity expansion.