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2021-12-24
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Announcement that the Company shall provide monetary loan subject to subparagraph 2 & 3, Paragraph 1 of Article 22 of the Guidelines for Lending of Capital
Subject： Announcement that the Company shall provide monetary loan subject to subparagraph 2 & 3, Paragraph 1 of Article 22 of the Guidelines for Lending of Capital
To which item it meets： paragraph 23
1.Date of occurrence of the event:2021/12/24
2.Funding recipient name, relationship with lender, lending limit (thousand NTD), starting outstanding balance (thousand NTD), new loan (thousand NTD), is it part of a scheduled allocation or revolving limit for the same recipient that the chairman is authorized by the board of directors to allocate, outstanding balance (thousand NTD) up to the date of occurrence, reason for new loan (thousand NTD):
(1)Funding recipient name: Sinyi Development Inc.
(2)Relationship with lender: A wholly owned subsidiary
(3)Lending limit: NT$ 3,489,135 thousand
(4)Starting outstanding balance (thousand NTD):NT$ 600,000 thousand
(5)New loan: NT$ 1,100,000 thousand
(6)is it part of a scheduled allocation or revolving limit for the same recipient that the chairman is authorized by the board of directors to allocate：Yes
(7)Outstanding balance: NT$ 1,700,000 thousand
(8)Reason for new loan: Sinyi Development Inc. proposed to require a land located on No. 110, Section 1, Fuduxin, Xinzhuang District, New Taipei City whose price shall be 1,053,305 thousand. Considering from the acquisition of the land to the completion of the transfer, Sinyi Development Inc. shall finish all the payment shortly. For the capital demand and time planning of land acquisition of Sinyi Development Inc., the Company shall loan Sinyi Development Inc. the above proposed amount.
3.For collaterals provided by the loan recipient, the content and the value (thousand NTD):none
4.For the latest financial reports of the loan recipient, the capital (thousand NTD) and the cumulative gains/losses(thousand NTD):
(1)The capital: NT$ 2,035,000 thousand
(2)The cumulative losses: NT$ 366,920 thousand
5.Method of calculation of interest:interest accrued daily
6.For repayment, the condition and the date: The loan will be paid either on due date, 1 years from the first drawdown or by early redemption.
7.The amount of monetary loans extended to others as of the date of occurrence (thousand NTD): NT$ 4,030,498 thousand
8.The total amount of monetary loans extended to others as a percentage of the public company’s net worth on the latest financial statements as of the date of occurrence: 34.65%
9.Sources of funds for the company to extend monetary loans to others: Working capital of Sinyi Realty Inc.
10.Any other matters that need to be specified: Source of fund is the Company's working capital.
To which item it meets： paragraph 23
1.Date of occurrence of the event:2021/12/24
2.Funding recipient name, relationship with lender, lending limit (thousand NTD), starting outstanding balance (thousand NTD), new loan (thousand NTD), is it part of a scheduled allocation or revolving limit for the same recipient that the chairman is authorized by the board of directors to allocate, outstanding balance (thousand NTD) up to the date of occurrence, reason for new loan (thousand NTD):
(1)Funding recipient name: Sinyi Development Inc.
(2)Relationship with lender: A wholly owned subsidiary
(3)Lending limit: NT$ 3,489,135 thousand
(4)Starting outstanding balance (thousand NTD):NT$ 600,000 thousand
(5)New loan: NT$ 1,100,000 thousand
(6)is it part of a scheduled allocation or revolving limit for the same recipient that the chairman is authorized by the board of directors to allocate：Yes
(7)Outstanding balance: NT$ 1,700,000 thousand
(8)Reason for new loan: Sinyi Development Inc. proposed to require a land located on No. 110, Section 1, Fuduxin, Xinzhuang District, New Taipei City whose price shall be 1,053,305 thousand. Considering from the acquisition of the land to the completion of the transfer, Sinyi Development Inc. shall finish all the payment shortly. For the capital demand and time planning of land acquisition of Sinyi Development Inc., the Company shall loan Sinyi Development Inc. the above proposed amount.
3.For collaterals provided by the loan recipient, the content and the value (thousand NTD):none
4.For the latest financial reports of the loan recipient, the capital (thousand NTD) and the cumulative gains/losses(thousand NTD):
(1)The capital: NT$ 2,035,000 thousand
(2)The cumulative losses: NT$ 366,920 thousand
5.Method of calculation of interest:interest accrued daily
6.For repayment, the condition and the date: The loan will be paid either on due date, 1 years from the first drawdown or by early redemption.
7.The amount of monetary loans extended to others as of the date of occurrence (thousand NTD): NT$ 4,030,498 thousand
8.The total amount of monetary loans extended to others as a percentage of the public company’s net worth on the latest financial statements as of the date of occurrence: 34.65%
9.Sources of funds for the company to extend monetary loans to others: Working capital of Sinyi Realty Inc.
10.Any other matters that need to be specified: Source of fund is the Company's working capital.