1. Event Date: 115/08/13
2. Recipient of Fund Lending: (1) Company Name: Qiaochun Metal Co., Ltd. (2) Relationship with the Lending Company: Qiaochun Metal Co., Ltd. is the ultimate parent company that indirectly holds 100% of the shares of Qiaochun Metal (Zhuhai) Co., Ltd. (3) Lending Limit (in thousands): 2,268,252 (4) Previous Outstanding Lending Balance (in thousands): 1,524 (5) Amount of Newly Added Lending (in thousands): 329,731 (6) Whether the Board of Directors authorized the Chairman to make multiple disbursements or revolving use of funds to the same borrower: No (7) Outstanding Lending Balance as of Event Date (in thousands): 331,255 (8) Reason for Newly Added Lending: Reclassification of receivables from related parties exceeding the normal 90-day collection period into other receivables.
3. Collateral Provided by the Recipient of Fund Lending: (1) Description: None. (2) Value (in thousands): 0
4. Latest Financial Statement of the Recipient of Fund Lending: (1) Capital (in thousands): 1,999,942 (2) Accumulated Profit/Loss Amount (in thousands): 3,680,268
5. Interest Calculation Method: 0% interest rate.
6. Repayment Terms: (1) Conditions: Monthly repayment. (2) Date: Repayment within one year.
7. Outstanding Lending Balance as of Event Date (in thousands): 749,802
8. Ratio of Outstanding Lending Balance to the Net Asset Value of the Publicly Issued Company's Latest Financial Statement as of Event Date: 9.89
9. Source of Funds Lent to Others: From the subsidiary itself
10. Other Matters to be Disclosed: The exchange rate used for converting foreign currencies into New Taiwan Dollars is the rate on the balance sheet date of the most recent financial report audited (reviewed) by certified public accountants.
FACT BOX
- Source: PR Times
- Category: News
- Dates in source: 115/08/13