- Home
- Corporate Governance
- News & Events
- Material Information
- (Company name correction)Announcement of cancellation of the Company's loaning to its subsidiary
Back to list
(Company name correction)Announcement of cancellation of the Company's loaning to its subsidiary
To which item it meets: paragraph 51
Date of events:2021/08/02
Statement:
- Date of occurrence of the event:2021/08/02
- Company name: Sinyi Realty Inc.
- Relationship to the Company (please enter ”head office” or ”subsidiaries”): head office
- Reciprocal shareholding ratios: Not applicable
- Cause of occurrence:
(1)On July 7th, 2021, the board of directors of the Company approved loaning no more than NT$600,000 thousand dollars to Sinyi Development Inc. for its financial needs to participate in a real estate auction.
(2)Since Sinyi Development Inc. didn't win the auction today, the above-mentioned loan quota has been canceled. - Countermeasures: None.
- Any other matters that need to be specified: None.