What is the purpose of this transaction?

To enhance group-wide operational efficiency and optimize asset utilization.

Will this disposal generate profit?

The expected gain or loss is 0 NTD; no profit or loss will be recognized.

Who is the counterparty?

President Chain Store Corporation, a related party.

What is the transaction period?

A long-term lease from August 2026 to June 2034.

Is this transaction supervised?

Approved by the Board and Supervisor, ensuring proper governance.

AI News NQ Analysis

President Chain Store Corporation Subsidiary Announces Disposal of Real Estate Right-of-Use Asset

NQ Score 73/100

N1 Content Completeness 9

AI Summary (NQ-processed)

President Chain Store Corporation's subsidiary, President Life Business Co., Ltd., has announced the disposal of a right-of-use asset located at 116 Chaofu Road, Xitun District, Taichung City, to its related party, President Chain Store Corporation. The transaction was approved by the board of directors on June 23, 2026, with no expected gain or loss.

AI Analysis

Frequently Asked Questions

Q: What is the purpose of this transaction?: A: To enhance group-wide operational efficiency and optimize asset utilization.
Q: Will this disposal generate profit?: A: The expected gain or loss is 0 NTD; no profit or loss will be recognized.
Q: Who is the counterparty?: A: President Chain Store Corporation, a related party.
Q: What is the transaction period?: A: A long-term lease from August 2026 to June 2034.
Q: Is this transaction supervised?: A: Approved by the Board and Supervisor, ensuring proper governance.