1. Name and nature of the subject matter (if preferred shares, specify issuance terms such as dividend rate): Financial institution receivables (loans)
2. Date of occurrence: 7/31/115 ~ 7/31/115
3. Board approval date: Not applicable
4. Other approval dates: Approval level: Credit Review Committee March 13, 115
5. Number of transaction units, unit price, and total transaction amount: Not applicable Not applicable USD 100,000,000
6. Counterparty and its relationship with the company (if the counterparty is a natural person and not a related party, name disclosure may be omitted): 1. The Korea Development Bank 2. Hua Nan Commercial Bank 3. Bank of Taiwan 4. Far Eastern International Bank 5. Taiwan Cooperative Bank 6. Shanghai Commercial & Savings Bank 7. Taiwan Business Bank 8. COTA Commercial Bank 9. Shin Kong Commercial Bank Not related parties.
7. If the counterparty is a related party, state the reason for selecting them, previous transferor, relationship among previous transferor, company, and counterparty, previous transfer date, and amount: Not applicable
8. If the ownership of the subject asset was held by a related party of the company within the past five years, disclose the related party’s acquisition and disposal date, price, and relationship with the company at the time: Not applicable
9. Matters related to the disposal of receivables (including types of collateral attached; if disposal involves receivables from related parties, disclose names and book value): Not applicable
10. Gain (or loss) from disposal (not applicable for acquisition of securities) (if deferred, provide table showing recognition): None.
11. Delivery or payment terms (including payment period and amount), contractual restrictions, and other important agreements: Payment terms: As per contract. Other important agreements: As per contract.
12. Method of transaction decision, reference basis for pricing, and decision-making unit: Approved by the bank’s internal final review unit; terms based on contract and general market practices.
13. Net asset value per share of the securities-issuing company (if applicable): Not applicable
14. Cumulative holdings (including this transaction) of the securities: quantity, amount, ownership percentage, and any restrictions (e.g., pledge status): Not applicable
15. Cumulative securities investments (including this transaction) under Article 3 of the "Asset Acquisition and Disposal Rules for Publicly Issued Companies" as a percentage of total assets and equity attributable to owners of the parent in the latest financial statements, and the amount of working capital in the latest financial statements: Not applicable
16. Broker and brokerage fees: Not applicable
17. Specific purpose or use of the acquisition or disposal: To enhance liquidity of the loan asset portfolio.
18. Dissenting opinions from directors regarding this transaction: Not applicable
19. Is this a related-party transaction? No
20. Date of auditor’s acknowledgment or audit committee approval: Not applicable
21. Did the accountant issue a non-reasonableness opinion on this transaction? Not applicable
22. Name of accounting firm: Not applicable
23. Name of accountant: Not applicable
24. Accountant’s license number: Not applicable
25. Does this involve a change in business model? No
26. Explanation of business model change: Not applicable
27. Transaction history with counterparties in the past year and expected in the next year: Routine business transactions
28. Source of funds: Not applicable
29. Previous date of material information disclosure on the same event: Not applicable
30. Other explanatory matters: This transaction is calculated based on the exchange rate of 7/29/115 (USD 1 = NTD 32.3820).
FACT BOX
- Source: PR Times
- Category: News
- Organizations: The Korea Development Bank / Hua Nan Commercial Bank / Bank of Taiwan
- Dates in source: 115/7/31 / 115/3/13