Board Approves Disposal of Real Estate in Taoyuan City via Subsidiary CTBC Bank
Original: 代子公司中國信託商業銀行(股)公司 公告董事會決議擬處分桃園市不動產
Summary
CTBC Financial Holding (2891) announced on behalf of its banking subsidiary, CTBC Bank Co., Ltd., that the board of directors has resolved to dispose of real estate located in Taoyuan City. Property disposals by a major banking subsidiary can affect asset composition, capital ratios, and realized gains or losses on the holding company's consolidated financials. Full body available on MOPS.
Full Translation
CTBC Financial Holding Co., Ltd. (TWSE: 2891) hereby announces, on behalf of its subsidiary CTBC Bank Co., Ltd., that CTBC Bank's board of directors has passed a resolution to proceed with the planned disposal of real estate situated in Taoyuan City, Taiwan. The filing parent company acts as the disclosure vehicle for the subsidiary's material event in accordance with TWSE material-information rules. The term '擬處分' (planned/intended disposal) indicates the board has authorized the transaction, though final execution and transfer remain subject to completion of applicable regulatory, legal, and contractual procedures. The specific property, transaction value, counterparty, and expected timeline are not available from the subject line alone. [Body not available — subject line only. See MOPS for full announcement.]