1. Factual Date: 115/09/11
2. Recipient of Fund Lending: (1) Company Name: AVARY TECHNOLOGY (INDIA) PRIVATE LIMITED (2) Relationship with Lending Company: Affiliate (3) Lending Limit (in thousand TWD): 33,702,107 (4) Previous Outstanding Balance (in thousand TWD): 1,264,520 (5) Amount of New Lending (in thousand TWD): 790,325 (6) Is this a revolving or multi-tranche lending authorized by the board to the same recipient? No (7) Outstanding Balance as of Factual Date (in thousand TWD): 2,054,845 (8) Reason for New Lending: Approved by the board of directors
3. Collateral Provided by the Recipient: (1) Description: None (2) Value (in thousand TWD): 0
4. Latest Financial Statement of the Recipient: (1) Capital (in thousand TWD): 1,514,216 (2) Accumulated Deficit (in thousand TWD): -3,104,236
5. Interest Calculation Method: As stipulated in the contract
6. Repayment Terms: (1) Conditions: As stipulated in the contract (2) Due Date: As stipulated in the contract
7. Outstanding Lending Balance as of Factual Date (in thousand TWD): 2,054,845
8. Ratio of Outstanding Lending to the Parent Company's Net Equity (Latest Financial Statement): 1.33%
9. Source of Lending Funds: Subsidiary's own funds
10. Other Disclosures: (1) The board approved a new one-time, five-year term loan of USD 25 million. (2) Exchange Rate Used: USD/TWD 31.6130
FACT BOX
- Source: PR Times
- Category: Funding
- Organizations: AVARY TECHNOLOGY (INDIA) PRIVATE LIMITED
- Dates in source: 115/09/11