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Announcement CHB board of directors has approved on planning to jointly sell the non-performing Syndicated loan case with participating lender.

  1. 1.Date of occurrence of the event:2020/09/22
  2. 2.Company name:Chang Hwa Commercial Bank, Ltd.
  3. 3.Relationship to the Company (please enter ”head office” or ”subsidiaries”):Head office
  4. 4.Reciprocal shareholding ratios:N.A.
  5. 5.Cause of occurrence:Proposed sale of non-performing loan in the Syndicated loan case of Waterscape Resort II, LLC (New York Branch)
  6. 6.Countermeasures:None
  7. 7.Any other matters that need to be specified:The company's principal amount of NPL is USD 30,799,997.94.