[KGI Financial] Announcement on Subsidiary KGI Bank's Acquisition of Right-of-Use Asset
KGI Bank, a subsidiary of KGI Financial, announced the acquisition of a right-of-use asset for real estate located at No. 400, Shizheng Rd., Xitun Dist., Taichung City, from KGI Life Insurance Co., Ltd. The total value of the right-of-use asset is NTD 72,542,347, to secure ongoing business operations.
📋 Article Processing Timeline
- 📰 Published: April 28, 2026 at 09:00
- 🔍 Collected: April 29, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 29, 2026 at 08:41 (41 min after Collected)
1. Name and Nature of the Subject Matter (e.g., Land parcel XX, Xitun Dist., Taichung City): Right-of-use asset for real estate at No. 400, Shizheng Rd., Xitun Dist., Taichung City.
2. Date of Occurrence: 2026/4/28~2026/4/28
3. Date of Board of Directors' Resolution: April 28, 2026
4. Other Resolution Dates: Not applicable
5. Quantity of Transaction Units (e.g., XX square meters, equivalent to XX pings), Unit Price, and Total Transaction Amount:
1. Leased Area: 450.34 pings, 8 parking spaces.
2. Unit Price: Office rent for the 1st-2nd year averages approximately NTD 3,193 per ping per month; surface parking spaces approximately NTD 4,300 per month each; mechanical parking spaces approximately NTD 3,400 per month each. Office rent for the 3rd-5th year averages approximately NTD 3,289 per ping per month; surface parking spaces approximately NTD 4,429 per month each; mechanical parking spaces approximately NTD 3,502 per month each.
3. Monthly Rent Amount: NTD 1,467,938 per month for the 1st-2nd year (including parking spaces); NTD 1,511,976 per month for the 3rd-5th year (including parking spaces).
4. Right-of-Use Asset Amount: NTD 72,542,347.
6. Counterparty to the Transaction and its Relationship with the Company (If the counterparty is a natural person and not a related party of the company, their name may be omitted):
1. Counterparty to the Transaction: KGI Life Insurance Co., Ltd.
2. Relationship with the Company: Related party.
7. For related party transactions, the reason for selecting the related party as the transaction counterparty, the previous owner, the relationship between the previous owner and the company and the transaction counterparty, the date of previous transfer, and the transfer amount shall also be disclosed:
1. Reason for selecting the related party as the transaction counterparty: Due to business needs, the existing location is renewed for a 5-year lease.
2. Previous Owner: Feng Yi Construction Co., Ltd.
3. Relationship between the previous owner and the company and the transaction counterparty: None.
4. Date and amount of previous transfer: March 18, 2022; total amount (including parking spaces) was NTD 493,843,517.
8. If the owner of the transaction target has been a related party of the company within the past five years, the acquisition and disposal dates, prices, and relationship with the company at the time of the transaction of the related party shall also be disclosed: Not applicable.
9. Estimated Disposal Profit (or Loss) (Not applicable for asset acquisition) (For deferred items, a table shall be provided to explain the recognition status): Not applicable.
10. Delivery or Payment Terms (including payment period and amount), Contractual Restrictions, and Other Important Agreements:
1. Delivery or Payment Terms: Paid monthly, NTD 1,467,938 per payment from 2026/6/1 to 2028/5/31; NTD 1,511,976 per payment from 2028/6/1 to 2031/5/31.
2. Contractual Restrictions and Other Important Agreements: None.
11. Method of Determining this Transaction (e.g., tender, comparison, or negotiation), Reference Basis for Price Determination, and Decision-Making Unit:
1. Method of Determining this Transaction: Negotiation for renewing the lease at the current location.
2. Reference Basis for this Transaction: Negotiated based on the real estate appraisal report issued by a real estate appraiser's office.
3. Decision-Making Unit: Board of Directors.
12. Professional Appraiser Office or Company Name and its Appraisal Amount: Hong Bang Real Estate Appraisal Joint Office.
13. Name of Professional Appraiser: Li Ching-Tang
14. Professional Appraiser's License Number: (108) BeiShiGuZi No. 000278
15. Is the appraisal report for a limited price, specific price, or special price: No or Not applicable
16. Has the appraisal report not yet been obtained: No or Not applicable
17. Reason for not yet obtaining the appraisal report: Not applicable
18. If there is a significant difference in the appraisal result, the reason for the difference and the CPA's opinion: Not applicable.
19. CPA Firm Name: Not applicable.
20. CPA Name: Not applicable.
21. CPA License Number: Not applicable.
22. Broker and Brokerage Fees: Not applicable.
23. Specific Purpose or Use of Acquisition or Disposal: Business needs.
24. Opinions of dissenting directors on this transaction: None.
25. Is this transaction a related party transaction: Yes
26. Date of Supervisor's Approval or Audit Committee's Consent: April 28, 2026
27. Is this transaction for obtaining real estate or its right-of-use asset from a related party: Yes
28. Price evaluated according to Article 16 of the "Regulations Governing the Acquisition or Disposal of Assets by Public Companies": Not applicable
29. If the price evaluated in the preceding paragraph is lower than the transaction price, the price evaluated according to Article 17 of the same regulations: Not applicable
30. Date of previous material information disclosure for the same event: Not applicable
31. Other Matters to be Specified: None.
2. Date of Occurrence: 2026/4/28~2026/4/28
3. Date of Board of Directors' Resolution: April 28, 2026
4. Other Resolution Dates: Not applicable
5. Quantity of Transaction Units (e.g., XX square meters, equivalent to XX pings), Unit Price, and Total Transaction Amount:
1. Leased Area: 450.34 pings, 8 parking spaces.
2. Unit Price: Office rent for the 1st-2nd year averages approximately NTD 3,193 per ping per month; surface parking spaces approximately NTD 4,300 per month each; mechanical parking spaces approximately NTD 3,400 per month each. Office rent for the 3rd-5th year averages approximately NTD 3,289 per ping per month; surface parking spaces approximately NTD 4,429 per month each; mechanical parking spaces approximately NTD 3,502 per month each.
3. Monthly Rent Amount: NTD 1,467,938 per month for the 1st-2nd year (including parking spaces); NTD 1,511,976 per month for the 3rd-5th year (including parking spaces).
4. Right-of-Use Asset Amount: NTD 72,542,347.
6. Counterparty to the Transaction and its Relationship with the Company (If the counterparty is a natural person and not a related party of the company, their name may be omitted):
1. Counterparty to the Transaction: KGI Life Insurance Co., Ltd.
2. Relationship with the Company: Related party.
7. For related party transactions, the reason for selecting the related party as the transaction counterparty, the previous owner, the relationship between the previous owner and the company and the transaction counterparty, the date of previous transfer, and the transfer amount shall also be disclosed:
1. Reason for selecting the related party as the transaction counterparty: Due to business needs, the existing location is renewed for a 5-year lease.
2. Previous Owner: Feng Yi Construction Co., Ltd.
3. Relationship between the previous owner and the company and the transaction counterparty: None.
4. Date and amount of previous transfer: March 18, 2022; total amount (including parking spaces) was NTD 493,843,517.
8. If the owner of the transaction target has been a related party of the company within the past five years, the acquisition and disposal dates, prices, and relationship with the company at the time of the transaction of the related party shall also be disclosed: Not applicable.
9. Estimated Disposal Profit (or Loss) (Not applicable for asset acquisition) (For deferred items, a table shall be provided to explain the recognition status): Not applicable.
10. Delivery or Payment Terms (including payment period and amount), Contractual Restrictions, and Other Important Agreements:
1. Delivery or Payment Terms: Paid monthly, NTD 1,467,938 per payment from 2026/6/1 to 2028/5/31; NTD 1,511,976 per payment from 2028/6/1 to 2031/5/31.
2. Contractual Restrictions and Other Important Agreements: None.
11. Method of Determining this Transaction (e.g., tender, comparison, or negotiation), Reference Basis for Price Determination, and Decision-Making Unit:
1. Method of Determining this Transaction: Negotiation for renewing the lease at the current location.
2. Reference Basis for this Transaction: Negotiated based on the real estate appraisal report issued by a real estate appraiser's office.
3. Decision-Making Unit: Board of Directors.
12. Professional Appraiser Office or Company Name and its Appraisal Amount: Hong Bang Real Estate Appraisal Joint Office.
13. Name of Professional Appraiser: Li Ching-Tang
14. Professional Appraiser's License Number: (108) BeiShiGuZi No. 000278
15. Is the appraisal report for a limited price, specific price, or special price: No or Not applicable
16. Has the appraisal report not yet been obtained: No or Not applicable
17. Reason for not yet obtaining the appraisal report: Not applicable
18. If there is a significant difference in the appraisal result, the reason for the difference and the CPA's opinion: Not applicable.
19. CPA Firm Name: Not applicable.
20. CPA Name: Not applicable.
21. CPA License Number: Not applicable.
22. Broker and Brokerage Fees: Not applicable.
23. Specific Purpose or Use of Acquisition or Disposal: Business needs.
24. Opinions of dissenting directors on this transaction: None.
25. Is this transaction a related party transaction: Yes
26. Date of Supervisor's Approval or Audit Committee's Consent: April 28, 2026
27. Is this transaction for obtaining real estate or its right-of-use asset from a related party: Yes
28. Price evaluated according to Article 16 of the "Regulations Governing the Acquisition or Disposal of Assets by Public Companies": Not applicable
29. If the price evaluated in the preceding paragraph is lower than the transaction price, the price evaluated according to Article 17 of the same regulations: Not applicable
30. Date of previous material information disclosure for the same event: Not applicable
31. Other Matters to be Specified: None.