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FINWIRES

Yuanta Financial Unit Ends Office Lease Early After Business Relocation; Shares Fall 4%

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Yuanta Financial (TPE:2885) unit Yuanta Life Insurance will terminate a Taipei office lease early as it relocates its business premises to improve operational efficiency, according to a Wednesday Taiwan Exchange filing.

Shares of the financial services company fell 4% in Thursday's midday trade.

The lease for part of the 18th floor of a building in Taipei, originally due to expire in April 2029, will now end on July 24, 2026.

The company said the early termination will have no significant impact on its financial position or operations.

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