Regulations Governing Public Tender Offers for Real Estate Investment Trust Beneficiary Securities Article 37

Information to be published with regards to the public tender offeror's future plans for the real estate investment trust fund to be acquired:1. The objectives and plans of the public tender offeror in acquiring the real estate investment trust fund:A. Willingness to continue mandating, or to change, the trustee or the real estate management institution for the operation of the real estate investment trust fund, and the content of any plan to that effect.B. Any plan for additional purchase, disposal, or other matters involving the operation and management of the trust property, and the content of the plan.C. Any plan for alterations to the real estate investment trust plan or the real estate investment trust contract, and the content of the plan.D. Any plan to transfer the acquired beneficiary securities to another within one year after acquisition, and the content of the plan.2. Anything that, after completion of the acquisition, would lead to the occurrence, with respect to the acquired real estate investment trust fund, of termination of the trust contract, delisting from a securities exchange (or OTC market), or any other material event that would affect the rights and interests of the holders of the acquired real estate investment trust fund.3. Apart from the present public tender offer, there is any other material plan relating to the acquired real estate investment trust fund within 1 year from the expiry of the public tender offer period, the content of the plan shall be specified.If the public tender offeror plans to delist the real estate investment trust fund from a securities exchange (or OTC market) after completion of the public tender offer, at least include the following information shall be published:1. To the understanding of the public tender offeror, the value of the trust property of the real estate investment trust fund, and the reasons for conducting the public tender offer.2. Whether the public tender offer conditions are fair to the holders of the acquired real estate investment trust fund, and the factors taken into consideration.3. Whether the public tender offeror or any of its related parties have in the most recent 2 years obtained from any outside party any appraisal report regarding the trust property of the real estate investment trust fund. If yes, indicate the content of the appraisal report, the identity of the outside party, the party’s professional qualifications and the compensation that the party received.4. Any plan, after delisting of the acquired real estate investment trust fund from the securities exchange (or OTC market), for obtaining a new exchange (or OTC) listing on the domestic securities exchange market.
中文原文 公開收購不動產投資信託受益證券管理辦法第37條
公開收購人對被收購不動產投資信託基金之未來計畫應記載下列事項:
一、公開收購人取得被收購不動產投資信託基金之目的及計畫:
(一)繼續委託或變動受託機構及不動產管理機構經營被收購不動產投資信託基金之意願及計畫內容。
(二)增購、處分或其他涉及信託財產經營管理之計畫,以及該計畫內容。
(三)變更不動產投資信託計畫或不動產投資信託契約之計畫,以及該計畫內容。
(四)有於取得被收購受益證券後一年內復轉讓予他人之計畫,以及該計畫內容。
二、於收購完成後,使被收購不動產投資信託基金發生終止信託契約、下市(櫃)或其他任何將影響被收購不動產投資信託基金持有人權益之重大事項。
三、除本次公開收購外,自公開收購期間屆滿日起一年內對被收購不動產投資信託基金另有其他重大計畫者,該計畫內容。
公開收購人計畫於收購完成後使被收購不動產投資信託基金下市(櫃)者,至少應記載下列事項:
一、公開收購人所瞭解被收購不動產投資信託基金之信託財產價值及其進行公開收購之理由。
二、公開收購條件對被收購不動產投資信託基金之持有人公平與否,並說明參考之因素。
三、公開收購人及關係人最近二年有無自外部人士取得關於被收購不動產投資信託基金信託財產之估價報告書,如有,應說明估價報告書之內容、該外部人士之身分、專業資格及所收取之報酬。
四、被收購不動產投資信託基金下市(櫃)後於國內證券交易市場重行上市(櫃)之計畫。

English translation for reference only; the Chinese text prevails. Not legal advice.