Cathay Financial Holdings Announces Subsidiary Cathay Century Insurance's Acquisition of Right-of-Use Asset from Cathay Life Insurance
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On May 20, 2026, Cathay Financial Holdings announced that its subsidiary, Cathay Century Insurance, will acquire a right-of-use asset from a related party, Cathay Life Insurance. The asset is a warehouse space in the Taoyuan Zhongshan Building in Taoyuan City. The lease term is 16 months, starting May 21, 2026. The purpose of this transaction, valued at a total of NT$256,672, is for document storage for Cathay Century Insurance's Taoyuan branch. The price was determined through negotiation between the parties, with reference to a professional appraisal.