Announcement

No. 2 Date 2020/08/17 Time 14:12:44
Spokesman Job title Phone
Conformity with the provisions paragraph 23 Occurrence date 2020-08-17
Subject Announcement pursuant to Article 22.1.3 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies
Explanation

1.Date of occurrence of the event:2020/08/17

 

2.Funding recipient name, relationship with lender, lending limit (thousand NTD), starting outstanding balance (thousand NTD), new loan (thousand NTD), is it part of a scheduled allocation or revolving limit for the same recipient that the chairman is authorized by the board of directors to allocate, outstanding balance (thousand NTD) up to the date of occurrence, reason for new loan (thousand NTD):
(1)Name: Hon Chuan (China) Holdings Co., Ltd.
(2)Relationship with lender: A subsidiary (96.236%) of Hon Chuan Holding Limited
(3)Lending limit (thousand NTD):NT$6,900,197 thousand.
(4)Starting outstanding balance (thousand NTD):NT$2,311,822 thousand.
(5)New loan (thousand NTD):NT$1,062,626 thousand.
(6)Is it part of a scheduled allocation or revolving limit for the same recipient that the chairman is authorized by the board of directors to allocate: No.
(7)Outstanding balance (thousand NTD) up to the date of occurrence:NT$3,374,448 thousand.
(8)Reason for new loan: Repay previous debts which expired

 

3.For collaterals provided by the loan recipient, the content and the value (thousand NTD):
(1) Content: None
(2) Value (thousand NTD): NT$ 0

 

4.For the latest financial reports of the loan recipient, the capital (thousand NTD) and the cumulative gains/losses(thousand NTD):
(1)Capital (thousand NTD): NT$350,728 thousand.
(2)Cumulative gains/losses (thousand NTD):NT$802,979 thousand.

 

5.Method of calculation of interest:Based on 6-Month LIBOR+1.5%

 

6.For repayment, the condition and the date:
(1) Condition: None
(2) Date: Upon expiration of the contract(Within 1 year)

 

7.The amount of monetary loans extended to others as of the date of occurrence (thousand NTD):NT$4,152,541 thousand.

 

8.The total amount of monetary loans extended to others as a percentage of the public company’s net worth on the latest financial statements as of the date of occurrence:34.62%

 

9.Sources of funds for the company to extend monetary loans to others: Subsidiary

 

10.Any other matters that need to be specified:None