[CTBC Financial] Subsidiary CTBC Securities Announces Acquisition of Right-of-Use Assets from KGI Life
CTBC Securities has renewed its office lease in Taichung from KGI Life for a 9-year term, with a total contract value of approximately NT$10.45 million.
📋 Article Processing Timeline
- 📰 Published: April 21, 2026 at 09:00
- 🔍 Collected: April 22, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 22, 2026 at 17:11 (9h 11m after Collected)
1. Subject matter: 3rd Floor, No. 875, Sec. 4, Wenxin Rd., Beitun Dist., Taichung City.
2. Date of occurrence: 2026/04/21
3. Approval: Approved by Chairman on 2026/04/21.
4. Quantity and amount: (1) Area: 195.69 pings. (2) Monthly rent per ping: NT$480 (Years 1-3), NT$494 (Years 4-6), NT$509 (Years 7-9). (3) Total contract amount: NT$10,448,676.
5. Counterparty: KGI Life Insurance Co., Ltd. (Related party).
6. Reason for selecting related party: Renewal of existing office space used since June 2005.
7. Determination of price: Based on property appraisal report by Li-Yeh Real Estate Appraisers Firm (Appraised value: NT$567 per ping).
8. Term of payment: 2026/06/01 to 2035/05/31, paid monthly.
9. Purpose: Continuation of branch operations.
2. Date of occurrence: 2026/04/21
3. Approval: Approved by Chairman on 2026/04/21.
4. Quantity and amount: (1) Area: 195.69 pings. (2) Monthly rent per ping: NT$480 (Years 1-3), NT$494 (Years 4-6), NT$509 (Years 7-9). (3) Total contract amount: NT$10,448,676.
5. Counterparty: KGI Life Insurance Co., Ltd. (Related party).
6. Reason for selecting related party: Renewal of existing office space used since June 2005.
7. Determination of price: Based on property appraisal report by Li-Yeh Real Estate Appraisers Firm (Appraised value: NT$567 per ping).
8. Term of payment: 2026/06/01 to 2035/05/31, paid monthly.
9. Purpose: Continuation of branch operations.