Announced by CFH, on behalf of CUB, selling
non-performing loan
Date of events
2021/11/09
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2021/11/09
2.Company name:Cathay United Bank Co., Ltd.
3.Relationship to the Company (please enter ��head office�� or
��subsidiaries��):subsidiaries
4.Reciprocal shareholding ratios:Cathay United Bank is 100% owned by Cathay
Financial Holdings.
5.Cause of occurrence:Proposed to sell non-performing loan of
Prime Aviation Leasing
6.Countermeasures:N/A
7.Any other matters that need to be specified:Intended sale amount of
USD13,458,338
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Disclaimer
Cathay Financial Holding Co. Ltd. published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 09:42:03 UTC.
Cathay Financial Holding Co Ltd is a Taiwan-based financial holding company principally engaged in the investment and the management of investment business. The Company operates through five business segments. The Banking Business segment is mainly engaged in the banking, foreign exchange, guarantee, foreign exchange investment, trust and offshore financial businesses. The Life Insurance Business segment is principally engaged in the sales of traditional, investment and interest rate variable annuities and various insurance products, as well as provision of financial planning services. The Property Insurance Business segment is mainly engaged in the fire insurance, marine insurance, land and air insurance, guarantee insurance and reinsurance. The Securities Business segment is mainly engaged in the securities brokerage, self-employed and underwriting businesses, as well as provision of related financial services. The Others segment is mainly engaged in other assets and others.
CATHAY FINANCIAL HOLDING CO., LTD. 
