[Bills Finance] Company Acquires Right-of-Use Asset from Subsidiary International Bills Finance
Bills Finance Holdings (Kuo Hua Financial Holdings) entered into an office lease agreement with its subsidiary, International Bills Finance, for premises in Lequn 3rd Road, Taipei, to facilitate group office co-location.
📋 Article Processing Timeline
- 📰 Published: May 20, 2026 at 09:00
- 🔍 Collected: May 21, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 21, 2026 at 10:08 (2h 8m after Collected)
1. Name and nature of the target: 17th floor, 9th-floor IT server room, and 8 ground-level parking spaces in the basement 2 at No. 126, 128, 130, 132, Lequn 3rd Road, Zhongshan District, Taipei City.
2. Date of occurrence: May 20, 115 (Republic of China calendar).
3. Board approval date: May 20, 115.
4. Transaction quantity and price:
(1) Leased area: 663.8 ping total (660.3 ping on 17F, 3.5 ping for IT room on 9F) + 8 parking spaces.
(2) Unit price: 2,525 TWD/ping/month (17F), 2,315 TWD/ping/month (9F IT room), 5,492 TWD/space/month (parking).
(3) Total monthly rent: 1,719,297 TWD (including tax).
(4) Right-of-use asset value: 61,894,692 TWD (including tax).
5. Counterparty and relationship: International Bills Finance Co., Ltd. (a related party).
6. Reason for selecting the counterparty: Group office consolidation (co-location).
7. Purpose of acquisition: Office use.
8. Dissenting opinions: None.
9. Audit Committee approval date: May 20, 115.
2. Date of occurrence: May 20, 115 (Republic of China calendar).
3. Board approval date: May 20, 115.
4. Transaction quantity and price:
(1) Leased area: 663.8 ping total (660.3 ping on 17F, 3.5 ping for IT room on 9F) + 8 parking spaces.
(2) Unit price: 2,525 TWD/ping/month (17F), 2,315 TWD/ping/month (9F IT room), 5,492 TWD/space/month (parking).
(3) Total monthly rent: 1,719,297 TWD (including tax).
(4) Right-of-use asset value: 61,894,692 TWD (including tax).
5. Counterparty and relationship: International Bills Finance Co., Ltd. (a related party).
6. Reason for selecting the counterparty: Group office consolidation (co-location).
7. Purpose of acquisition: Office use.
8. Dissenting opinions: None.
9. Audit Committee approval date: May 20, 115.
FAQ
Why is Bills Finance renting this office space?
It is to consolidate the group's offices to improve operational coordination and collaboration.
Is this a related-party transaction?
Yes, it is a related-party transaction with International Bills Finance, a subsidiary.
How was the rent determined?
The rent was determined based on valuation reports from three professional real estate appraisal firms to ensure market fairness.