Acquisition of Right-of-Use Assets from Related Party
Original: 公告本公司向關係人取得使用權資產
Summary
CTBC Financial Holding has announced the acquisition of right-of-use assets (ROU assets under IFRS 16) from a related party, indicating the company has entered into one or more lease arrangements with a related entity and recognized the corresponding lease assets on its balance sheet. Related-party transactions of this nature are subject to regulatory disclosure requirements in Taiwan and warrant investor scrutiny regarding the terms, counterparty identity, and scale of the arrangement. Full body available on MOPS.
Full Translation
Announcement that the Company has acquired right-of-use assets from a related party. Under IFRS 16 (the international lease accounting standard adopted in Taiwan), a 'right-of-use asset' is recognized when a lessee obtains the right to use an underlying asset — typically real property or equipment — over a lease term. This filing discloses that CTBC Financial Holding Co., Ltd. (TWSE: 2891) has entered into such a lease arrangement with a related party (a company or individual with a defined relationship to CTBC under applicable regulations), triggering a material information disclosure obligation under TWSE rules governing related-party transactions. The specific counterparty, asset description, lease term, and financial consideration are not available from the subject line alone. [Body not available — subject line only. See MOPS for full announcement.]