Cathay Financial Holdings: Announcement by Subsidiary Cathay Securities on Acquiring Right-of-Use Assets from Cathay United Bank
Cathay Securities is acquiring right-of-use assets, including office space and two parking spots, from its related party, Cathay United Bank, for NT$839,327. The assets are located in Tainan City and will serve as the operating premises for Cathay Securities' Shanhua branch. The lease term is two years, with a total rent of NT$860,389.
📋 Article Processing Timeline
- 📰 Published: April 9, 2026 at 09:00
- 🔍 Collected: April 10, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 15, 2026 at 12:01 (124h 1m after Collected)
1. Name and nature of the subject matter (e.g., land in XX section, XX subsection, Taichung City): Cathay United Bank Co., Ltd., 8F-B, No. 349, Zhongshan Rd., Shanhua Dist., Tainan City, and 2 parking spaces.
2. Date of occurrence of the event: 2026/4/9~2026/4/9.
3. Date of approval by the board of directors: Not applicable.
4. Other approval dates: Approval level: General Manager's approval, April 9, 2026.
5. Quantity of transaction units (e.g., XX square meters, equivalent to XX pings), price per unit, and total transaction amount: 1. Quantity of transaction units: Office space 52.96 pings and 2 parking spaces. 2. Price per unit of right-of-use assets: NT$15,848.32. 3. Total amount of right-of-use assets: NT$839,327.
6. Counterparty of 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): Counterparty: Cathay United Bank Co., Ltd. Its relationship with the company: Related party.
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner, the relationship between the previous owner and the company and the counterparty, the previous transfer date, and the transfer amount should also be announced: Reason for selecting a related party as the transaction object: The location meets the company's operational needs. Previous owner: Not applicable. Previous transfer date: Not applicable. Previous transfer amount: Not applicable.
8. If the owner of the transaction object has been a related party of the company within the past five years, the acquisition and disposal dates, prices, and the relationship with the company at the time of the transaction should also be announced: Not applicable.
9. Estimated disposal profit (or loss) (not applicable for asset acquisition) (for deferred items, a table should be provided to explain the recognition status): Not applicable.
10. Delivery or payment terms (including payment period and amount), contract restriction clauses, and other important agreements: Delivery or payment terms: 1. Rent paid once a month. 2. Total amount NT$860,389. 3. Lease term: 2 years. 4. Contract restriction clauses and other important agreements: None.
11. Method of determining this transaction (e.g., bidding, price comparison, or negotiation), reference basis for price determination, and decision-making unit: Method of determining this transaction: Lease price. Reference basis for price determination: Reference to appraisal data from professional appraisal institutions. Decision-making unit: According to the company's approval authority.
12. Name of professional appraiser 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. 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 results, the reason for the difference and the 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 fees: Not applicable.
23. Specific purpose or use of acquisition or disposal: The company acquires right-of-use assets from "Cathay United Bank Co., Ltd." to be used as office and parking spaces for the Shanhua Simple Branch for its securities business operations.
24. Opinions of directors who expressed dissent to this transaction: Not applicable.
25. This transaction is a related party transaction: Yes.
26. Date of approval by supervisors or audit committee: Not applicable, handled in accordance with Article 2 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies," Article 45 of the "Financial Holding Company Act," and the company's "Management Policy and Internal Operating Procedures for Transactions with Interested Parties Other Than Lending."
27. This transaction involves acquiring real estate or its right-of-use assets from a related party: Yes.
28. Price evaluated in accordance with Article 16 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies": Not applicable.
29. If the price evaluated in the preceding item is lower than the transaction price, the price evaluated in accordance with Article 17 of the same regulations: Not applicable.
30. Date of previous material information announcement for the same event: Not applicable.
31. Other matters to be specified: None.
2. Date of occurrence of the event: 2026/4/9~2026/4/9.
3. Date of approval by the board of directors: Not applicable.
4. Other approval dates: Approval level: General Manager's approval, April 9, 2026.
5. Quantity of transaction units (e.g., XX square meters, equivalent to XX pings), price per unit, and total transaction amount: 1. Quantity of transaction units: Office space 52.96 pings and 2 parking spaces. 2. Price per unit of right-of-use assets: NT$15,848.32. 3. Total amount of right-of-use assets: NT$839,327.
6. Counterparty of 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): Counterparty: Cathay United Bank Co., Ltd. Its relationship with the company: Related party.
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner, the relationship between the previous owner and the company and the counterparty, the previous transfer date, and the transfer amount should also be announced: Reason for selecting a related party as the transaction object: The location meets the company's operational needs. Previous owner: Not applicable. Previous transfer date: Not applicable. Previous transfer amount: Not applicable.
8. If the owner of the transaction object has been a related party of the company within the past five years, the acquisition and disposal dates, prices, and the relationship with the company at the time of the transaction should also be announced: Not applicable.
9. Estimated disposal profit (or loss) (not applicable for asset acquisition) (for deferred items, a table should be provided to explain the recognition status): Not applicable.
10. Delivery or payment terms (including payment period and amount), contract restriction clauses, and other important agreements: Delivery or payment terms: 1. Rent paid once a month. 2. Total amount NT$860,389. 3. Lease term: 2 years. 4. Contract restriction clauses and other important agreements: None.
11. Method of determining this transaction (e.g., bidding, price comparison, or negotiation), reference basis for price determination, and decision-making unit: Method of determining this transaction: Lease price. Reference basis for price determination: Reference to appraisal data from professional appraisal institutions. Decision-making unit: According to the company's approval authority.
12. Name of professional appraiser 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. 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 results, the reason for the difference and the 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 fees: Not applicable.
23. Specific purpose or use of acquisition or disposal: The company acquires right-of-use assets from "Cathay United Bank Co., Ltd." to be used as office and parking spaces for the Shanhua Simple Branch for its securities business operations.
24. Opinions of directors who expressed dissent to this transaction: Not applicable.
25. This transaction is a related party transaction: Yes.
26. Date of approval by supervisors or audit committee: Not applicable, handled in accordance with Article 2 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies," Article 45 of the "Financial Holding Company Act," and the company's "Management Policy and Internal Operating Procedures for Transactions with Interested Parties Other Than Lending."
27. This transaction involves acquiring real estate or its right-of-use assets from a related party: Yes.
28. Price evaluated in accordance with Article 16 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies": Not applicable.
29. If the price evaluated in the preceding item is lower than the transaction price, the price evaluated in accordance with Article 17 of the same regulations: Not applicable.
30. Date of previous material information announcement for the same event: Not applicable.
31. Other matters to be specified: None.