Cathay Financial Holdings Subsidiary Cathay Securities Announces Acquisition of Right-of-Use Assets from Cathay Life Insurance
Key facts
- Cathay Financial Holdings Subsidiary Cathay Securities Announces Acquisition of Right-of-Use Assets from Cathay Life Insurance
- Cathay Securities has acquired right-of-use assets from its related party, Cathay Life Insurance, located at 6th 4th Weisan Road, Lingya District, Kaohsiung City, including office space and four parking spaces, for a total amount of approximately NT$4.5 million, under a three-year lease agreement.
- Source: TWSE
- Date: Mon Jun 15 2026 09:00:00 GMT+0900 (Japan Standard Time)
Direct answer
Cathay Securities has acquired right-of-use assets from its related party, Cathay Life Insurance, located at 6th 4th Weisan Road, Lingya District, Kaohsiung City, including office space and four parking spaces, for a total amount of approximately NT$4.5 million, under a three-year lease agreement.
- Citation
- Cathay Financial Holdings Subsidiary Cathay Securities Announces Acquisition of Right-of-Use Assets from Cathay Life Insurance (Mon Jun 15 2026 09:00:00 GMT+0900 (Japan Standard Time)), TWSE
- Source
- TWSE
- Date
- Mon Jun 15 2026 09:00:00 GMT+0900 (Japan Standard Time)
AI Summary (NQ-processed)
Cathay Securities has acquired right-of-use assets from its related party, Cathay Life Insurance, located at 6th 4th Weisan Road, Lingya District, Kaohsiung City, including office space and four parking spaces, for a total amount of approximately NT$4.5 million, under a three-year lease agreement.
AI Analysis
Frequently Asked Questions
- Q: What is the purpose of this transaction?
- A: To acquire the right-of-use of an office and parking spaces in Kaohsiung for the Guangrong Branch’s operations.
- Q: Who is the counterparty?
- A: Cathay Life Insurance Co., Ltd., a related party within the Cathay Financial Group.
- Q: Is this transaction compliant with regulations?
- A: Yes, it follows the 'Regulations on the Acquisition or Disposition of Assets by Publicly Issued Companies' and internal policies.