Clarification of Media Reports: Over-Height Building Claim at Taoyuan Landis Plaza Zone B
Original: 代子公司國泰人壽澄清媒體報導 「置地廣場桃園B區建物超高」乙事。
Summary
Cathay Financial is filing on behalf of its subsidiary Cathay Life Insurance to clarify media reports alleging that the Zone B building structure at Landis Plaza in Taoyuan exceeds permitted height limits. Building code compliance violations at a subsidiary-owned property could carry regulatory, remediation, or liability risk, making the clarification material to investors holding exposure to Cathay Life's real estate portfolio. Full body available on MOPS.
Full Translation
Subject line (translated): 'On behalf of subsidiary Cathay Life Insurance, clarifying media reports regarding the matter of the Zone B building structure at Landis Plaza, Taoyuan allegedly exceeding permitted height (超高).' Interpretive context: Cathay Life Insurance (國泰人壽), one of Taiwan's largest life insurers and a major commercial real estate owner, is the subject of media coverage alleging that a building it owns or developed at Landis Plaza (置地廣場), Taoyuan City, Zone B was constructed beyond approved height limits. The parent company, Cathay Financial Holdings (國泰金控, 2882), has issued this TWSE material-information disclosure to address and clarify those reports. Height violations in Taiwan can result in regulatory orders, fines, or in serious cases, mandatory partial demolition. [Body not available — subject line only. See MOPS for full announcement.]