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The board of directors has approved the "self-processed urban renewal" project: the lands in 1st Subsection, Yucheng Section, Nangang District, Taipei.

  1. 1.Date of occurrence of the event:2020/12/15
  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:NA
  5. 5.Cause of occurrence:The board of directors of CHB has approved the ”self-processed urban renewal” project: 343, 343-2, and 343-3 parcels of land in 1st Subsection, Yucheng Section, Nangang District, Taipei City on Dec 15, 2020.
  6. 6.Countermeasures:None
  7. 7.Any other matters that need to be specified:The exact amount of the construction cost shall be based on the architect's design.