Chunghwa Telecom: Subsidiary Hung Hua International Announces Acquisition of Right-of-Use Assets from Parent Company
Hung Hua International, a subsidiary of Chunghwa Telecom, will lease office space in Banqiao, New Taipei City from its parent company for 5 years at a total cost of NT$ 78.98 million.
📋 Article Processing Timeline
- 📰 Published: April 24, 2026 at 09:00
- 🔍 Collected: April 25, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 25, 2026 at 08:27 (27 min after Collected)
1. Name and nature of the subject matter: Property located in Banqiao District, New Taipei City.
2. Date of occurrence: April 24, 2026.
3. Date of Board approval: April 24, 2026.
4. Transaction quantity, price, and total amount: Total area of 1,312 pings. Average monthly rent per ping is NT$ 1,003. Total contract amount is NT$ 78,979,560. Value of right-of-use asset is NT$ 71,427,604.
5. Counterparty and relationship: Chunghwa Telecom Co., Ltd. (Parent company).
6. Reason for selecting the related party: Based on cost and operational considerations, it is the most suitable location.
7. Payment terms and lease period: Monthly payments. Lease term is 5 years.
8. Decision method: Price determined via negotiation between both parties and approved by the Board of Directors.
9. Purpose: Office use.
10. Remarks: This is a related-party transaction approved by the Audit Committee on April 24, 2026.
2. Date of occurrence: April 24, 2026.
3. Date of Board approval: April 24, 2026.
4. Transaction quantity, price, and total amount: Total area of 1,312 pings. Average monthly rent per ping is NT$ 1,003. Total contract amount is NT$ 78,979,560. Value of right-of-use asset is NT$ 71,427,604.
5. Counterparty and relationship: Chunghwa Telecom Co., Ltd. (Parent company).
6. Reason for selecting the related party: Based on cost and operational considerations, it is the most suitable location.
7. Payment terms and lease period: Monthly payments. Lease term is 5 years.
8. Decision method: Price determined via negotiation between both parties and approved by the Board of Directors.
9. Purpose: Office use.
10. Remarks: This is a related-party transaction approved by the Audit Committee on April 24, 2026.