Announced by CFH on behalf of CUB,according to the order issued by FSC,CUB and TCB Bank have been appointed as receivers of Great Chinese Bills Finance.
2007-01-07
1.Date of occurrence of the event:2007/01/07
2.Company name:Cathay United Bank
3.Relationship to the Company (please enter ”head office” or
”affiliate company”):affiliate company
4.Reciprocal shareholding ratios:
Cathay United Bank is 100% owned by Cathay Financial Holdings.
5.Cause of occurrence:Cathay United Bank has been appointed as
receiver of Great Chinese Bills Finance.
6.Countermeasures:A team of receivership established accordingly.
7.Any other matters that need to be specified:
According to the order issued by Financial Supervisory Committee, Cathay
United Bank and Taiwan Cooperative Bank have been appointed as receivers of
Great Chinese Bills Finance effetive 9:00 a.m. on January 7, 2007.