[Cathay Financial] Subsidiary Cathay Securities Announces Change in Right-of-Use Assets Due to Early Lease Termination with Cathay United Bank
Key facts
- [Cathay Financial] Subsidiary Cathay Securities Announces Change in Right-of-Use Assets Due to Early Lease Termination with Cathay United Bank
- Cathay Securities has announced the early termination of its office and parking space lease for its Taoyuan Branch, effective June 30, 2026 (ROC Year 115). The right-of-use assets will be reduced by NT$3,021,899, with no impact on financial or operational performance.
- Source: PR Times
- Date: June 26, 2026
Direct answer
Cathay Securities has announced the early termination of its office and parking space lease for its Taoyuan Branch, effective June 30, 2026 (ROC Year 115). The right-of-use assets will be reduced by NT$3,021,899, with no impact on financial or operational performance.
- Citation
- [Cathay Financial] Subsidiary Cathay Securities Announces Change in Right-of-Use Assets Due to Early Lease Termination with Cathay United Bank (June 26, 2026), PR Times
- Source
- PR Times
- Date
- June 26, 2026
Cathay Securities has announced the early termination of its office and parking space lease for its Taoyuan Branch, effective June 30, 2026 (ROC Year 115). The right-of-use assets will be reduced by NT$3,021,899, with no impact on financial or operational performance.
📋 Article Processing Timeline
- 📰 Published: June 26, 2026 at 09:00
- 🔍 Collected: June 27, 2026 at 17:00 (32h 0m after Published)
- 🤖 AI Analyzed: June 27, 2026 at 18:16 (1h 16m after Collected)
1. Original Announcement Date:
113/01/23
2. Summary of Original Announcement:
Cathay Securities leased office premises and parking spaces for its Taoyuan Branch from Cathay United Bank (CUB). The original lease term was five years, with a total right-of-use asset value of NT$5,848,848.
3. Reason for Change and Key Details:
Due to operational site adjustments, the company has decided to terminate the Taoyuan Branch lease agreement early, effective June 30, 2026 (ROC Year 115). As a result, right-of-use assets will be reduced by NT$3,021,899.
4. Impact on Company's Financial and Business Operations:
There is no impact on the company's financial condition or business operations.
5. Other Matters to Be Disclosed:
None.
Keyword: Material Information
113/01/23
2. Summary of Original Announcement:
Cathay Securities leased office premises and parking spaces for its Taoyuan Branch from Cathay United Bank (CUB). The original lease term was five years, with a total right-of-use asset value of NT$5,848,848.
3. Reason for Change and Key Details:
Due to operational site adjustments, the company has decided to terminate the Taoyuan Branch lease agreement early, effective June 30, 2026 (ROC Year 115). As a result, right-of-use assets will be reduced by NT$3,021,899.
4. Impact on Company's Financial and Business Operations:
There is no impact on the company's financial condition or business operations.
5. Other Matters to Be Disclosed:
None.
Keyword: Material Information
FAQ
When will Cathay Securities' Taoyuan Branch lease end?
The lease will end on June 30, 2026 (ROC Year 115).
What is the financial impact of this change?
Right-of-use assets will decrease, but there is no impact on performance or cash flow.
Why was this change made?
It is an operational decision aimed at branch optimization and cost efficiency.