[Continental] Hsin-Lu Management Consulting Co., Ltd. Announces Disposal of Right-of-Use Assets (Early Termination of Lease Agreement)
Key facts
- [Continental] Hsin-Lu Management Consulting Co., Ltd. Announces Disposal of Right-of-Use Assets (Early Termination of Lease Agreement)
- Hsin-Lu Management Consulting, a subsidiary of Continental Holdings, announced the early termination of its lease for the 13th, 15th, and 22nd floors at No. 95, Section 2, Dunhua South Road, Taipei. The counterparty is Continental Engineering Corp, a related party. The total contract value is approximately NT$70.41 million, with an expected disposal gain of NT$287,338, aligning with overall operational planning.
- Source: PR Times
- Date: May 29, 2026
Direct answer
Hsin-Lu Management Consulting, a subsidiary of Continental Holdings, announced the early termination of its lease for the 13th, 15th, and 22nd floors at No. 95, Section 2, Dunhua South Road, Taipei. The counterparty is Continental Engineering Corp, a related party. The total contract value is approximately NT$70.41 million, with an expected disposal gain of NT$287,338, aligning with overall operational planning.
- Citation
- [Continental] Hsin-Lu Management Consulting Co., Ltd. Announces Disposal of Right-of-Use Assets (Early Termination of Lease Agreement) (May 29, 2026), PR Times
- Source
- PR Times
- Date
- May 29, 2026
Hsin-Lu Management Consulting, a subsidiary of Continental Holdings, announced the early termination of its lease for the 13th, 15th, and 22nd floors at No. 95, Section 2, Dunhua South Road, Taipei. The counterparty is Continental Engineering Corp, a related party. The total contract value is approximately NT$70.41 million, with an expected disposal gain of NT$287,338, aligning with overall operational planning.
📋 Article Processing Timeline
- 📰 Published: May 29, 2026 at 09:00
- 🔍 Collected: May 30, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 18:16 (34h 16m after Collected)
2. Date of occurrence: May 29, 115.
3. Date of Board approval: May 29, 115.
4. Other approval dates: N/A.
5. Transaction details: Early termination of lease effective June 30, 115. Total area 555.63 pings, average price NT$2,758-2,926/ping (excl. tax). Total contract value: NT$70,413,082 (excl. tax). Decrease in net right-of-use assets: NT$24,706,691. Decrease in total lease liabilities: NT$24,994,029.
6. Counterparty and relationship: Continental Engineering Corp. Relationship: Affiliated company.
7. Reason for selecting related party: Early termination of lease agreement.
8. Ownership history: N/A.
9. Expected disposal gain: NT$287,338.
10. Payment terms: N/A.
11. Decision method: Approved by the Board of Directors.
12. Professional appraisal: N/A.
23. Purpose of transaction: Based on overall operational planning.
24. Dissenting opinions: None.
25. Related party transaction: Yes.
FAQ
What does this news imply for investors?
It indicates an internal asset reorganization within the group with minimal financial impact.
What are the key facts in this article?
Hsin-Lu Management Consulting, a subsidiary of Continental Holdings, announced the early termination of its lease for the 13th, 15th, and 22nd floors at No. 95, Section 2, Dunhua South Road, Taipei. The counterparty is Continental Engineering Corp, a related party. The total contract value is approximately NT$70.41 million, with an expected disposal gain of NT$287,338, aligning with overall operational planning.
What is the direct answer?
Hsin-Lu Management Consulting, a subsidiary of Continental Holdings, announced the early termination of its lease for the 13th, 15th, and 22nd floors at No. 95, Section 2, Dunhua South Road, Taipei. The counterparty is Continental Engineering Corp, a related party. The total contract value is approximately NT$70.41 million, with an expected disposal gain of NT$287,338, aligning with overall operational planning.