Far Eastern International Bank Subsidiary Acquires Office Usage Right in Taipei
AI Summary (NQ-processed)
A subsidiary of Far Eastern International Bank, Far Eastern Asset Management Company, has acquired the usage right of an office located at No. 207, Section 2, Dunhua South Road, Da'an District, Taipei. The contract period is 5 years with a total amount of NT$1,536,392. The transaction counterparty is a related company, Far Ding Corporation, and the purpose is for office use.
AI Analysis
Frequently Asked Questions
Q: What real estate usage right asset did the subsidiary of Far Eastern International Bank acquire?
A: Far Eastern Asset Management Company acquired the usage right of an office located at No. 207, Section 2, Dunhua South Road, Da'an District, Taipei. The contract period is 5 years with a total amount of NT$1,536,392.
Q: Who is the transaction counterparty?
A: The transaction counterparty is a related company, Far Ding Corporation.
Q: What is the purpose of this transaction?
A: The purpose of this transaction is for office use.
Q: How was the transaction price determined?
A: The transaction price was negotiated based on market conditions, with reference to the rental market conditions for nearby office buildings.
Q: Was this transaction approved by the board of directors?
A: Yes, the board of directors approved this transaction on June 23, 2024.