1. Event Date: 115/08/10

2. Information on the Guaranteed Party: (1) Company Name: GLOBAL ADVANCE TECHNOLOGY LIMITED (2) Relationship with the Guarantee-Providing Company: 100% indirectly invested subsidiary. (3) Guarantee Limit (in thousand NT$): 14,807,726 (4) Previous Guarantee Balance (in thousand NT$): 3,166,380 (5) Amount of New Guarantee This Time (in thousand NT$): 1,453,950 (6) Guarantee Balance as of Event Date (in thousand NT$): 4,620,330 (7) Actual Amount Drawn by the Guaranteed Company (in thousand NT$): 1,091,361 (8) Reason for the New Guarantee: To assist the subsidiary in obtaining bank credit facilities.

3. Collateral Provided by the Guaranteed Company: (1) Description: None (2) Value (in thousand NT$): 0

4. Latest Financial Statements of the Guaranteed Company: (1) Capital (in thousand NT$): 2,964,584 (2) Accumulated Profit/Loss (in thousand NT$): 2,011,754

5. Conditions for Release from Guarantee Liability: (1) Condition: Expiration of contract (2) Date: As stipulated in the contract

6. Total Guarantee Limit (in thousand NT$): 18,509,658

7. Total Guarantee Balance as of Event Date (in thousand NT$): 4,684,950

8. Ratio of Guarantee Balance Provided by Party A to the Net Equity of the Publicly Issued Company Based on the Latest Financial Statements as of Event Date: 50.62

9. Combined Ratio of Guarantee Balance, Long-Term Investment, and Fund Lending Balance to the Net Equity of the Publicly Issued Company Based on the Latest Financial Statements as of Event Date: 88.37

10. Other Matters to be Disclosed: 1. The latest financial statements refer to the Q2 115 financial report. 2. Exchange rate is based on the mid-price of USD to TWD at Bank of Taiwan on 115.07.31, which is 32.31.

FACT BOX

  • Source: PR Times
  • Category: News
  • Organizations: GLOBAL ADVANCE TECHNOLOGY LIMITED
  • Dates in source: 115/08/10