1. Date of Fact: 115/06/16

2. Endorsed Entity: (1) Company Name: Maxzone Vehicle Lighting Corp. (2) Relationship with Guarantee Provider: Wholly-owned subsidiary (100%) of the Company (3) Endorsement Guarantee Limit (in thousand NT$): 8,250,353 (4) Previous Endorsement Guarantee Balance (in thousand NT$): 1,036,219 (5) Amount of Newly Added Endorsement Guarantee (in thousand NT$): 1,263,200 (6) Endorsement Guarantee Balance as of Fact Date (in thousand NT$): 2,299,419 (7) Actual Amount Drawn by Endorsed Entity (in thousand NT$): 63,160 (8) Reason for New Addition: To strengthen operational funding

3. Collateral Provided by Endorsed Entity: (1) Description: None (2) Value (in thousand NT$): 0

4. Latest Financial Statement of Endorsed Entity: (1) Capital (in thousand NT$): 1,286,735 (2) Accumulated Deficit (in thousand NT$): -1,358,984

5. Conditions for Release of Guarantee Liability: (1) Condition: Expiration of USD credit facility agreement (2) Date: Expiration date of USD credit facility agreement

6. Total Endorsement Guarantee Limit (in thousand NT$): 14,438,117

7. Total Endorsement Guarantee Balance as of Fact Date (in thousand NT$): 10,307,720

8. Ratio of Guarantee Balance to the Public Company’s Latest Net Equity: 49.97%

9. Combined Ratio of Guarantee, Long-Term Investment, and Fund Lending to Latest Net Equity: 17.39%

10. Other Matters to be Disclosed: None

FACT BOX

  • Source: PR Times
  • Category: News
  • Organizations: Maxzone Vehicle Lighting Corp.
  • Dates in source: 115/06/16