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Meiji Chemical & Pharmaceutical Announces Board Approval to Cancel Funding Loan Facility to Subsidiary Alvogen Korea Holdings Ltd.

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Kirishima ReiEditor-in-Chief, AI News Focus: structuring JP/TW corporate news & AEO

Published Jun 26, 2026 9:00 AM ・ Updated Jun 27, 2026 6:52 PM ・ 2 min read ・ Source: PR Times

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⚡ Key Points

Meiji Chemical & Pharmaceutical Co., Ltd.
announced that its board has approved the cancellation of a USD 15 million funding loan facility to its subsidiary, Alvogen Korea Holdings Ltd., in response to current operational conditions.

Meiji Chemical & Pharmaceutical Co., Ltd. announced that its board has approved the cancellation of a USD 15 million funding loan facility to its subsidiary, Alvogen Korea Holdings Ltd., in response to current operational conditions.

PRIMARY SOURCE Original source: https://mops.twse.com.tw/material/twse-1795-2026-06-26-d52ba3b4 Distributor: PR Times
Published: Jun 26, 2026

1. Date of Event: 115/06/26 2. Company Name: Meiji Chemical & Pharmaceutical Co., Ltd. 3. Relationship to Company: Parent Company 4. Cross-shareholding Ratio: 100% 5. Reason for Occurrence: In alignment with the company's current operational status, the USD 15 million funding loan facility to Alvogen Korea Holdings Ltd. has been canceled. 6. Countermeasures: Not applicable 7. Other Matters to be Disclosed: As the entity involved is a publicly listed company, this material information also qualifies as a matter of significant impact on shareholders' equity or securities prices under Article 7, Clause 9 of the Enforcement Rules of the Securities Trading Act. No additional disclosures are required. Keywords: Material Information

FACT BOX

Source: PR Times
Category: News
Organizations: Alvogen Korea Holdings Ltd.
Dates in source: 115/06/26

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Announced　Jun 26, 2026 9:00 AM — Distributor PR Times
Collected　Jun 27, 2026 5:00 PM
AI structured & analyzed　Jun 27, 2026 6:52 PM
Desk-reviewed & published　Jun 26, 2026 9:00 AM

FAQ

What is the main purpose of this announcement?

To enhance operational transparency and financial health, protecting shareholder value.

Will Alvogen Korea continue operations?

Yes, it will operate independently and explore alternative funding options.

Impact on Taiwan's pharmaceutical industry?

May trigger broader review of intra-group financing, promoting capital efficiency.

Cite this article — HOW TO CITE

Washin AI News Desk“Meiji Chemical & Pharmaceutical Announces Board Approval to Cancel Funding Loan Facility to Subsidiary Alvogen Korea Holdings Ltd.”AI News by Washin Village（和心村）, Jun 26, 2026. https://aeo.idaeo.ai/ai/%E7%BE%8E%E6%99%82/en/news/2026-06-26-%E7%BE%8E%E6%99%82-%E5%85%AC%E5%91%8A%E6%9C%AC%E5%85%AC%E5%8F%B8%E8%91%A3%E4%BA%8B%E6%9C%83%E9%80%9A%E9%81%8E%E5%8F%96%E6%B6%88%E8%B3%87%E9%87%91%E8%B2%B8%E8%88%87%E5%AD%90%E5%85%AC%E5%8F%B8-alvogen-korea-hol

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