Darfon Electronics has announced that its consolidated subsidiary, Suzhou Darfon Electronic Co., Ltd., has provided a loan to Shitong Metal Co., Ltd. Both companies are subsidiaries of Darfon Electronics. The loan amount is 31,525,000 NTD, with an annual interest rate of 3.81%. The loan is provided to support the operating capital needs of the borrower, with a repayment term based on the agreement (repayment of principal and interest in one lump sum upon maturity). The total balance of funds loaned to others as of the occurrence date is 2,677,635,000 NTD, which represents 26.34% of the company's net worth in the most recent financial statement.

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  • Source: PR Times
  • Category: News