TPE:6914

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PSS to Add Leased Car Parking Spaces at Cathay Life Building in Taiwan

PSS (TPE:6914) unit Horng Suey Marketing will expand its lease of parking spaces at Cathay Life Insurance's Chunggang Business and Trade Building in Taichung, Taiwan, according to a Friday filing.The lease will increase to 278 automobile parking spaces and 181 motorcycle spaces, from 268 and 181, respectively, after 10 additional automobile spaces are added.Monthly rent will rise to NT$820,952 from October, from NT$800,952 currently, while the updated right-of-use asset is valued at NT$37.8 million.

TPE:6914

Asia2h ago

PSS's Unit Adjusts Parking Space Lease Terms

PSS's (TPE:6914) subsidiary, Horng Suey Marketing, has adjusted the terms of its asset lease with Cathay Life Insurance for parking spaces at the Cathay Shi-Wei Financial Center, according to a Friday filing with the Taiwan Stock Exchange.Under the adjustment, the number of leased parking spaces was reduced to 364, comprising 179 motorcycle spaces and 185 automobile spaces.Meanwhile, monthly rent was reduced to NT$26.2 million.

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