Cathay Financial Holdings,on behalf of Cathay United Bank Ltd, announce to sell Non Performing Loans by auction.
2007-06-25
1.Date of occurrence of the event:2007/06/25
2.Company name:Cathay United Bank Ltd
3.Relationship to the Company (please enter ”head office” or
”affiliate company”):affiliate company
4.Reciprocal shareholding ratios:100%
5.Cause of occurrence:Sell Non Performing Loans around NT$610 million
by auction.
6.Countermeasures:Non
7.Any other matters that need to be specified:Non