TCFH chairman Lei Chung-dar (雷仲達) made the remarks after the company’s annual general meeting, when government-appointed candidates secured an overwhelming majority on the company’s board, winning 13 of 15 seats. Shareholders attend Taiwan Cooperative Financial Holding Co’s annual general meeting in Taipei on Wednesday. Lei said that people who previously postponed property purchases might start to resume buying after the virus crisis in Taiwan began to wind down late last month. Overall, the record low interest rate would lend support to property purchases, Lei said. Shareholders at the meeting approved a proposal to distribute a cash dividend of NT$1.15 per common share.

Source: Taipei Times June 25, 2020 15:56 UTC