TS Holdings unit Shin Kong Bank acquires NT$ 26.04 million right-of-use asset from Shin Kong Life
Bitget2026/10/01 01:21- TS Financial Holding’s Shin Kong Bank agreed to acquire a right-of-use asset from related party Shin Kong Life for a Tainan branch site.
- Lease covers 296 ping of space on 1F at No. 307, Sec. 2, Minsheng Rd., Tainan, with four parking spaces.
- Term runs Nov. 1, 2026 to Oct. 31, 2031; monthly rent set at NT$ 430,215 for years 1-2, rising to NT$ 443,121 for years 3-5.
- Parking rent fixed at NT$ 12,800 per month for the full term.
- Total rent over the lease set at NT$ 27.05 million; right-of-use asset recognized at NT$ 26.04 million.
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