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