Is Cathay Life's building actually too tall?

The project has legal permits. However, regulatory interpretation is under review with Taoyuan authorities.

Could construction be halted?

Construction will continue unless flight safety is compromised. Adjustments will follow legal procedures.

Will this affect the stock price?

The company expects minimal financial impact, suggesting limited effect on share value.

Cathay Financial Holdings Clarifies Height Issue Regarding Subsidiary's Taoyuan Project

Published Jul 9, 2026 9:00 AM ・ Updated Jul 9, 2026 7:02 AM ・ 3 min read ・ Source: PR Times

Cathay Life Insurance, a subsidiary of Cathay Financial Holding Company (2882), has issued a statement clarifying media reports that its 'Cathay Landmark Taoyuan Zone B' building exceeds aviation height restrictions. The project was legally permitted and constructed according to approved plans, with any necessary adjustments to be made in compliance with regulations.

Date of Announcement: July 9, 2026 Date of Statement: July 8, 2026 Time of Statement: 14:28:36 Company Code: 2882 Company Name: Cathay Financial Holding Company Subject: Clarification on Media Reports Regarding Subsidiary Cathay Life Insurance's 'Excessive Building Height' Relevant Clause: Clause 51 Factual Date: July 8, 2026

1. Factual Date: 07/08/2026 2. Company Name: Cathay Life Insurance Co., Ltd. 3. Relationship to Company: Subsidiary 4. Cross-shareholding Ratio: 100% 5. Media Outlet: Liberty Times 6. Report Content: Cathay's 'Cathay Landmark Taoyuan Zone B' violates aviation height restrictions; Taoyuan City Government warns it may need to remove four floors 7. Reason for Occurrence: Clarification of media reports 8. Response Measures: Issuance of material information statement 9. Other Matters to Note: This project received its building permit legally after review by the competent authority and has been constructed in accordance with approved plans. Cathay Life is currently working with relevant agencies to clarify the applicable regulations. Prioritizing flight safety, if any engineering adjustments are required, the company will proceed in full compliance with legal procedures. Related costs will be included in construction-in-progress expenses and capitalized upon completion. The company estimates no significant impact on its business or financial condition at this stage.

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Source: PR Times
Category: News

Cathay Financial Holdings Clarifies Height Issue Regarding Subsidiary's Taoyuan Project

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