Chunghwa Telecom (TPE:2412) unit Honghwa International acquired right-of-use assets for 290 leased retail stores for NT$108.4 million, according to a Thursday Taiwan Exchange filing.
The assets, spanning 17,903 pings of store space were leased from the parent company at an average monthly lease rate of NT$505 per ping.
The leased locations will be used as telecom service channels, it said.
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