[CTBC] Subsidiary CTBC Bank's Board of Directors Resolves to Participate in the Dunbei Building Urban Renewal Project in Songshan District
CTBC Bank, a subsidiary of CTBC Financial Holding, has decided to participate in the urban renewal project for the Dunbei Building (land plot 405) in Songshan District, Taipei, following a board of directors' resolution.
📋 Article Processing Timeline
- 📰 Published: May 22, 2026 at 09:00
- 🔍 Collected: May 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 24, 2026 at 05:16 (21h 16m after Collected)
1. Date of occurrence: 2026/05/22
2. Company name: CTBC Bank Co., Ltd.
3. Relationship with the company (enter "Parent" or "Subsidiary"): Subsidiary
4. Mutual shareholding ratio: A subsidiary 100% held by the parent company
5. Reason for occurrence: CTBC Bank Co., Ltd. owns the Dunbei Building in Songshan District (1 land plot at No. 405, Dunhua Section, Songshan District, Taipei City). Following a board of directors' resolution, it intends to participate in the urban renewal of this property.
6. Countermeasures: None
7. Other matters to be specified (if the entity involved in the event or resolution is a public offering company or above, this news fulfills the requirements of Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding material impacts on shareholder equity or securities prices): None
2. Company name: CTBC Bank Co., Ltd.
3. Relationship with the company (enter "Parent" or "Subsidiary"): Subsidiary
4. Mutual shareholding ratio: A subsidiary 100% held by the parent company
5. Reason for occurrence: CTBC Bank Co., Ltd. owns the Dunbei Building in Songshan District (1 land plot at No. 405, Dunhua Section, Songshan District, Taipei City). Following a board of directors' resolution, it intends to participate in the urban renewal of this property.
6. Countermeasures: None
7. Other matters to be specified (if the entity involved in the event or resolution is a public offering company or above, this news fulfills the requirements of Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding material impacts on shareholder equity or securities prices): None
FAQ
What is the urban renewal project announced by the CTBC subsidiary?
It is a project where CTBC Bank decided to participate in urban renewal for the Dunbei Building (land plot 405) in Songshan District, Taipei, following a board resolution.
Why is this matter significant?
Redevelopment of proprietary assets by financial institutions is viewed by investors as a symbol of asset optimization and urban restructuring in Taipei.
Are details of the urban renewal plan available?
Currently, only the resolution regarding CTBC Bank's participation in the urban renewal of the Dunbei Building (plot 405) in Songshan District has been disclosed.