1. Date of Event: 115/08/10
2. Recipient Companies of Fund Lending:
(1) Company Name: NILT MALAYSIA SDN. BHD. (2) Relationship with the Lending Company: A. Lending Company: RADIANT OPTO-ELECTRONICS (SINGAPORE) PTE. LTD. B. Relationship: Sister company of RADIANT OPTO-ELECTRONICS (SINGAPORE) PTE. LTD. (3) Lending Limit (in thousand NTD): 3,244,188 (4) Previous Outstanding Balance (in thousand NTD): 0 (5) Amount of New Lending (in thousand NTD): 516,960 (6) Is this a fund lending authorized by the Board to the Chairman for multiple disbursements or revolving use to the same recipient: No (7) Outstanding Balance as of Event Date (in thousand NTD): 516,960 (8) Reason for New Lending: Working capital requirements
(1) Company Name: Radiant Opto-Electronics (Vietnam Nghean) Co., Ltd. (2) Relationship with the Lending Company: A. Lending Company: RADIANT OPTO-ELECTRONICS (SINGAPORE) PTE. LTD. B. Relationship: Sister company of RADIANT OPTO-ELECTRONICS (SINGAPORE) PTE. LTD. (3) Lending Limit (in thousand NTD): 3,244,188 (4) Previous Outstanding Balance (in thousand NTD): 0 (5) Amount of New Lending (in thousand NTD): 387,720 (6) Is this a fund lending authorized by the Board to the Chairman for multiple disbursements or revolving use to the same recipient: No (7) Outstanding Balance as of Event Date (in thousand NTD): 387,720 (8) Reason for New Lending: Working capital requirements
3. Collateral Provided by Recipient Companies:
(1) Description: None (2) Value (in thousand NTD): 0
4. Latest Financial Statements of Recipient Companies:
(1) Capital (in thousand NTD): 921,353 (2) Accumulated Deficit (in thousand NTD): -250,161
5. Interest Calculation Method: 4% per annum
6. Repayment Terms:
(1) Conditions: Lump-sum repayment of principal and corresponding interest (2) Date: One year from the date of Board approval
7. Total Outstanding Fund Lending as of Event Date (in thousand NTD): 4,544,882
8. Ratio of Outstanding Fund Lending to Net Assets in the Latest Financial Statements of the Publicly Listed Company: 12.52%
9. Source of Funds Lent by the Company: Subsidiary's own funds
10. Other Matters to be Disclosed: Radiant Opto-Electronics (Vietnam Nghean) Co., Ltd. Latest Financial Statement Capital (in thousand NTD): 1,889,940 Latest Financial Statement Accumulated Deficit (in thousand NTD): -28,921
FACT BOX
- Source: PR Times
- Category: News
- Organizations: NILT MALAYSIA SDN. BHD. / RADIANT OPTO-ELECTRONICS (SINGAPORE) PTE. LTD. / Radiant Opto-Electronics (Vietnam Nghean) Co., Ltd.
- Dates in source: 115/08/10