On May 25, 115, Zenitron (3028) announced a loan transaction between its subsidiaries in accordance with the 'Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies.' The lender is Zenitron (Shanghai) International Trading Co., Ltd., and the borrower is Hongqu (Shanghai) Trading Co., Ltd. Both are indirectly 100% owned subsidiaries of Zenitron. The newly added loan amount is NT$232,150 thousand, intended for operational working capital. The total outstanding loan balance represents 41.29% of the company's net worth as of the latest financial report.
FACT BOX
- Source: PR Times
- Category: financial_transaction