1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung
\n City):109,258 DWT Aframax, built in 2016.
\n2.Date of occurrence of the event:2026\/08\/19
\n3.Date of the board of directors resolution:2026\/08\/19
\n4.Other approval date: NA
\n5.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),unit price, and total transaction price:
\n One Aframax for US$41,000,000.-
\n6.Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and
\n furthermore is not a related party of the Company, the name of the trading counterparty is not required to be
\n disclosed): KMARIN No. 17D S.A., non-related party.
\n7.Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing
\n the related party as trading counterparty and the identity of the previous owner, its relationship with the
\n Company and the trading counterparty, and the previous date and monetary amount of transfer: NA
\n8.Where an owner of the underlying assets within the past five years has been a related party of the Company,
\n the announcement shall also include the date and price of acquisition and disposal by the related party, and
\n its relationship with the Company at the time of the transaction: NA
\n9.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should
\n provide a table explaining recognition):NA
\n10.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the
\n contract, and other important terms and conditions: A 10% deposit shall be paid into the escrow account
\n within 3 business days after signing the contract and completing the escrow account setup; the remaining 90%
\n balance must be remitted to the escrow account 3 days prior to the estimated delivery date and released to
\n the Seller upon delivery or within 3 business days after receipt of the Notice of Readiness for Delivery.<\/p>\n
The transaction is structured as a sale and leaseback arrangement.
\nUpon completion of the vessel sale, the buyer will acquire ownership of the vessel and lease it back to the seller under a bareboat charter agreement to ensure the continuity of the existing charter and vessel operations.
\nThe bareboat charter is expected to continue until June 2029, with an option to extend for one additional year until June 2030 in accordance with the agreement.<\/p>\n
11.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price
\n negotiation), the reference basis for the decision on price, and the decision-making unit: Bargaining. The
\n Board of Directors.
\n12.Name of the professional appraisal firm or company and its appraisal price: NA
\n13.Name of the professional appraiser: NA
\n14.Practice certificate number of the professional appraiser: NA
\n15.The appraisal report has a limited price, specific price, or special price: NA
\n16.An appraisal report has not yet been obtained: NA
\n17.Reason for an appraisal report not being obtained: NA
\n18.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA:NA
\n19.Name of the CPA firm: NA
\n20.Name of the CPA:NA
\n21.Practice certificate number of the CPA:NA
\n22.Broker and broker’s fee:NA
\n23.Concrete purpose or use of the acquisition or disposal:Fleet expansion.
\n24.Any dissenting opinions of directors to the present transaction:No.
\n25.Whether the counterparty of the current transaction is a related party:No.
\n26.Date of ratification by supervisors or approval by the audit committee:NA
\n27.The transaction is to acquire a real property or right-of-use asset from a related party:No.
\n28.The price assessed in accordance with the Article 16 of the Regulations Governing the Acquisition and Disposal
\n of Assets by Public Companies:NA
\n29.Where the above assessed price is lower than the transaction price, the price assessed in accordance with the
\n Article 17 of the same regulations:NA
\n30.Date on which material information regarding the same event has been previously released:NA
\n31.Any other matters that need to be specified:None.<\/p>\n","protected":false},"excerpt":{"rendered":"
1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):109,258 DWT Aframax, built in 2016. 2.Date of occurrence of the event:2026\/08\/19 3.Date of the board of directors resolution:2026\/08\/19 4.Other approval date: NA 5.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),unit price, and total transaction price: One Aframax for US$41,000,000.- […]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/posts\/24078"}],"collection":[{"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/comments?post=24078"}],"version-history":[{"count":4,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/posts\/24078\/revisions"}],"predecessor-version":[{"id":24083,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/posts\/24078\/revisions\/24083"}],"wp:attachment":[{"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/media?parent=24078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/categories?post=24078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/tags?post=24078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}