1. Factual Announcement Date: 115/07/20
2. Company Name: Senda Electronics Co., Ltd.
3. Relationship with Company (Please specify '本公司' or 'Subsidiary'):本公司
4. Cross-shareholding Ratio: Not applicable
5. Reason for Disclosure: In accordance with the letter No. Tai-Cheng-Shang-I-1061805510 issued by the Taiwan Stock Exchange Corporation, the company is required to disclose, by the end of each month, information regarding the balance of other receivables as of the previous month-end from its consolidated financial statements, including the proportion of total assets and share capital, amounts not yet overdue and already overdue, and the amount recovered in the previous month.
Item As of 115/06/30 (Unit: NT$ Thousands)
Balance of Other Receivables 208,282 Proportion of Other Receivables to Total Assets 6.68% Proportion of Other Receivables to Share Capital 16.03% Amount of Other Receivables Not Yet Overdue 38,520 Amount of Other Receivables Already Overdue 169,762 Amount Recovered from 115/06/01 to 115/06/30 0
6. Countermeasures: Refer to 'Other Matters to be Disclosed' for details.
7. Other Matters to be Disclosed (If the subject of the event or resolution is a publicly issued company or above, this significant information also qualifies under Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act as a matter having significant impact on shareholders' equity or securities prices):
a. As of 115/06/30, the amount of bad debt loss already provided for the aforementioned other receivables on the books is NT$169,762 thousand.
b. Credit Protection Measures: The company has engaged professional legal counsel to file an arbitration application with the South China International Economic and Trade Arbitration Commission. The arbitration outcome will determine whether the company can recover the other receivables amounting to USD 4,458,769 from China Putian Information and Potevio International Trading. The company will make every effort to protect the interests of itself and its shareholders.
c. The company’s funds are sufficient to meet operational needs, and there is no significant impact on its financial or business operations.
d. The company has received notification from the Shenzhen International Arbitration Court that the ruling deadline has been extended to 115/09/30.
FACT BOX
- Source: PR Times
- Category: News
- Dates in source: 115/07/20 / 115/06/30