Who is the counterparty in this transaction?

Mega International Commercial Bank, a related party with capital ties to the subsidiary.

What is the lease term?

Three years, from July 1, 2026 to June 30, 2029.

Who approved this transaction?

Approved by the Chairman, not requiring board resolution.

Is the rental price in line with market rates?

Yes, benchmarked against nearby market rental prices.

How is this lease accounted for?

Recognized as a right-of-use asset of NT$58,500 under IFRS 16.

Mega Financial Announces Subsidiary's Lease Agreement with Related Party for Right-of-Use Asset

Key facts

Mega Financial Announces Subsidiary's Lease Agreement with Related Party for Right-of-Use Asset
China Business Financial Advisory Co., Ltd., a subsidiary of Mega Financial Holding, has announced the acquisition of a right-of-use asset from Mega International Commercial Bank, a related party. The lease covers office space in Taipei for a three-year term at a monthly rent of NT$1,625 (tax included).
Source: TWSE
Date: Mon Jun 22 2026 09:00:00 GMT+0900 (Japan Standard Time)

Direct answer

China Business Financial Advisory Co., Ltd., a subsidiary of Mega Financial Holding, has announced the acquisition of a right-of-use asset from Mega International Commercial Bank, a related party. The lease covers office space in Taipei for a three-year term at a monthly rent of NT$1,625 (tax included).

Citation: Mega Financial Announces Subsidiary's Lease Agreement with Related Party for Right-of-Use Asset (Mon Jun 22 2026 09:00:00 GMT+0900 (Japan Standard Time)), TWSE
Source: TWSE
Date: Mon Jun 22 2026 09:00:00 GMT+0900 (Japan Standard Time)

AI Summary (NQ-processed)

China Business Financial Advisory Co., Ltd., a subsidiary of Mega Financial Holding, has announced the acquisition of a right-of-use asset from Mega International Commercial Bank, a related party. The lease covers office space in Taipei for a three-year term at a monthly rent of NT$1,625 (tax included).

AI Analysis

Frequently Asked Questions

Q: Who is the counterparty in this transaction?: A: Mega International Commercial Bank, a related party with capital ties to the subsidiary.
Q: What is the lease term?: A: Three years, from July 1, 2026 to June 30, 2029.
Q: Who approved this transaction?: A: Approved by the Chairman, not requiring board resolution.
Q: Is the rental price in line with market rates?: A: Yes, benchmarked against nearby market rental prices.
Q: How is this lease accounted for?: A: Recognized as a right-of-use asset of NT$58,500 under IFRS 16.