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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.
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