[CTBC Financial Holding] Announcement by Subsidiary LHFG and its Subsidiary LH Bank Regarding Acquisition of Leasehold Rights for Office Space in Q. House Lumpini Building
CTBC Financial Holding announced that its Thai subsidiary, LH Bank, has acquired leasehold rights for office space in the Q. House Lumpini Building in Bangkok. The lease term is approximately 2-3 years, with total rent and leasehold asset values around NT$ 160 million and NT$ 147 million respectively. This move is to accommodate the subsidiary's headquarters office needs.
📋 Article Processing Timeline
- 📰 Published: April 20, 2026 at 09:00
- 🔍 Collected: April 21, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 21, 2026 at 08:32 (32 min after Collected)
1. Name and nature of the target property (e.g., land in Taichung City, North District, XX Section, XX Small Section):
1 Q.House Lumpini Building G,1,3A,4,5,6,32 Fl. South Sathorn Rd.,
Tungmahamek, Sathorn, Bangkok 10120
2. Date of Factual Occurrence: 115/4/20~115/4/20
3. Board Approval Date: April 20, 115
4. Other Approval Dates: Not applicable
5. Transaction Unit Quantity (e.g., XX sq. meters, convertible to XX ping), Price per Unit, and Total Transaction Amount:
Transaction Unit: Total 6,223.70 sq. meters (approx. 1,883 ping)
Price per Unit (monthly rent including tax per sqm): GF (Ground Floor) THB 1,092.02, 1st Floor THB 497.034, 3rd Floor A THB 500, Floors 5, 6, and 32 THB 901.33; 4F Employee Cafeteria (monthly): THB 176,109.8, Chiller (per set per month): THB 2,140, Generator (per set per month) THB: 5,000
Total Transaction Amount: THB 163,231,601.92 (approx. NT$ 159,966,979, exchange rate 1:0.98)
Total Leasehold Asset: THB 150,503,128.08 (approx. NT$ 147,493,066, exchange rate 1:0.98)
6. Transaction Counterparty and Relationship with the Company (If the counterparty is an individual and not a related party, their name may be omitted):
Lessor: Quality Houses Business Complex Leasehold Real Estate Investment Trust
Fund Management Institution: Land and Houses Fund Management Co., Ltd. (LH Fund)
Property Management Agent: Q.H.International Co.,Ltd.
"LH Fund" is a related party to the bank for transactions other than lending as per Article 45 of the Financial Holding Company Act.
7. If the transaction counterparty is a related party, reasons for selecting the related party as the counterparty, previous owner, relationship between the previous owner, the company, and the counterparty, previous transfer date, and transfer amount must also be announced:
This case is for the headquarter office space needs of the Thai subsidiary.
8. If the owner of the target property was a related party to the company within the last five years, announcement of the related party's acquisition and disposal dates, prices, and relationship with the company at the time of transaction:
Not applicable
9. Estimated Disposal Profit (or Loss) (Not applicable for asset acquisition) (Deferred items should be listed):
Not applicable
10. Delivery or Payment Terms (including payment period and amount), contract restrictions, and other important agreements:
Floors G, 1, 3A, 4, 5, 6: 2026/10/1~2028/12/31 (2 years 3 months)
Floor 32: 2026/7/1~2028/12/31 (2 years 6 months)
Total Monthly Rent: THB 5,017,742.98
11. Decision-making method for this transaction (e.g., bidding, price comparison, or negotiation), reference basis for price determination, and decision-making unit:
1. Market report for Bangkok office and retail markets
2. Nearby rental market information
Decision-making Unit: Board of Directors of Subsidiary LH Bank
12. Name of Professional Appraisal Firm or Company and its appraisal amount:
Not applicable
13. Name of Professional Appraiser:
Not applicable
14. Professional Appraiser's License Number:
Not applicable
15. Is the appraisal report a limited price, specific price, or special price? No or not applicable
16. Have you obtained the appraisal report yet? No or not applicable
17. Reason for not obtaining the appraisal report:
Not applicable
18. When appraisal results have significant differences, reasons for the differences and accountant's opinion:
Not applicable
19. Name of accounting firm:
Not applicable
20. Name of accountant:
Not applicable
21. Accountant's license number:
Not applicable
22. Broker and brokerage fee:
Not applicable
23. Specific purpose or use of acquisition or disposal:
Renewal for subsidiary's business office use
24. Opinion of dissenting directors on this transaction:
None
25. Is this transaction a related party transaction? Yes
26. Date of approval by supervisor or audit committee:
March 19, 115
27. Is this transaction an acquisition of real estate or leasehold assets from a related party? Yes
28. Price assessed according to Article 16 of the "Regulations Governing Public Issuance Company Acquisitions or Disposals of Assets": Not applicable
29. If the price assessed in the preceding paragraph is lower than the transaction price, the price assessed according to Article 17 of the same regulations: Not applicable
30. Date of previous announcement of material information on the same event: Not applicable
31. Other descriptions:
None
1 Q.House Lumpini Building G,1,3A,4,5,6,32 Fl. South Sathorn Rd.,
Tungmahamek, Sathorn, Bangkok 10120
2. Date of Factual Occurrence: 115/4/20~115/4/20
3. Board Approval Date: April 20, 115
4. Other Approval Dates: Not applicable
5. Transaction Unit Quantity (e.g., XX sq. meters, convertible to XX ping), Price per Unit, and Total Transaction Amount:
Transaction Unit: Total 6,223.70 sq. meters (approx. 1,883 ping)
Price per Unit (monthly rent including tax per sqm): GF (Ground Floor) THB 1,092.02, 1st Floor THB 497.034, 3rd Floor A THB 500, Floors 5, 6, and 32 THB 901.33; 4F Employee Cafeteria (monthly): THB 176,109.8, Chiller (per set per month): THB 2,140, Generator (per set per month) THB: 5,000
Total Transaction Amount: THB 163,231,601.92 (approx. NT$ 159,966,979, exchange rate 1:0.98)
Total Leasehold Asset: THB 150,503,128.08 (approx. NT$ 147,493,066, exchange rate 1:0.98)
6. Transaction Counterparty and Relationship with the Company (If the counterparty is an individual and not a related party, their name may be omitted):
Lessor: Quality Houses Business Complex Leasehold Real Estate Investment Trust
Fund Management Institution: Land and Houses Fund Management Co., Ltd. (LH Fund)
Property Management Agent: Q.H.International Co.,Ltd.
"LH Fund" is a related party to the bank for transactions other than lending as per Article 45 of the Financial Holding Company Act.
7. If the transaction counterparty is a related party, reasons for selecting the related party as the counterparty, previous owner, relationship between the previous owner, the company, and the counterparty, previous transfer date, and transfer amount must also be announced:
This case is for the headquarter office space needs of the Thai subsidiary.
8. If the owner of the target property was a related party to the company within the last five years, announcement of the related party's acquisition and disposal dates, prices, and relationship with the company at the time of transaction:
Not applicable
9. Estimated Disposal Profit (or Loss) (Not applicable for asset acquisition) (Deferred items should be listed):
Not applicable
10. Delivery or Payment Terms (including payment period and amount), contract restrictions, and other important agreements:
Floors G, 1, 3A, 4, 5, 6: 2026/10/1~2028/12/31 (2 years 3 months)
Floor 32: 2026/7/1~2028/12/31 (2 years 6 months)
Total Monthly Rent: THB 5,017,742.98
11. Decision-making method for this transaction (e.g., bidding, price comparison, or negotiation), reference basis for price determination, and decision-making unit:
1. Market report for Bangkok office and retail markets
2. Nearby rental market information
Decision-making Unit: Board of Directors of Subsidiary LH Bank
12. Name of Professional Appraisal Firm or Company and its appraisal amount:
Not applicable
13. Name of Professional Appraiser:
Not applicable
14. Professional Appraiser's License Number:
Not applicable
15. Is the appraisal report a limited price, specific price, or special price? No or not applicable
16. Have you obtained the appraisal report yet? No or not applicable
17. Reason for not obtaining the appraisal report:
Not applicable
18. When appraisal results have significant differences, reasons for the differences and accountant's opinion:
Not applicable
19. Name of accounting firm:
Not applicable
20. Name of accountant:
Not applicable
21. Accountant's license number:
Not applicable
22. Broker and brokerage fee:
Not applicable
23. Specific purpose or use of acquisition or disposal:
Renewal for subsidiary's business office use
24. Opinion of dissenting directors on this transaction:
None
25. Is this transaction a related party transaction? Yes
26. Date of approval by supervisor or audit committee:
March 19, 115
27. Is this transaction an acquisition of real estate or leasehold assets from a related party? Yes
28. Price assessed according to Article 16 of the "Regulations Governing Public Issuance Company Acquisitions or Disposals of Assets": Not applicable
29. If the price assessed in the preceding paragraph is lower than the transaction price, the price assessed according to Article 17 of the same regulations: Not applicable
30. Date of previous announcement of material information on the same event: Not applicable
31. Other descriptions:
None