AGV Products : Art. 25 of Regulations Governing Loaning of Funds & Making of Endorsements/Guarantees by Public Companies Publication under Paragraph 1(3)
Art. 25 of Regulations Governing Loaning of Funds
& Making of Endorsements/Guarantees by Public Companies
Publication under Paragraph 1(3)
Date of events
2022/08/08
To which item it meets
paragraph 22
Statement
1.Date of occurrence of the event:2022/08/08
2.For the company for whom the endorsements/guarantees were made, please
specify name of endorsed/guaranteed company, its relationship with
the Company providing endorsements/guarantees, the ceiling on the
endorsements/guarantees (thousand NTD), the original amount of
endorsements/guarantees (thousand NTD), the amount of the current additional
endorsements/guarantees (thousand NTD), the amount of
endorsements/guarantees as of the date of occurrence (thousand NTD), the
actual loaned amount of the company for whom endorsements/guarantees were
made (thousand NTD), and the reason for the current additional
endorsements/guarantees:
(1) Name of the spun-off company: Sontenkan Resort Development Co., Ltd.
(2) Its relationship with the Company providing
endorsements/guarantees: Provide endorsements/guarantees
to the subsidiaries directly and completely owned by
the Company
(3) The ceiling on the endorsements/guarantees
(thousand NTD): 2,701,414
(4) The original amount of endorsements/guarantees
(thousand NTD): 800,000
(5) The amount of the current additional
endorsements/guarantees (thousand NTD): 300,000
(6) The amount of endorsements/guarantees as of the date
of occurrence (thousand NTD): 1,100,000
(7) The actual loaned amount of the company for whom
endorsements/guarantees were made (thousand NTD): 731,000
(8) The reason for the current additional
endorsements/guarantees: The subsidiary applies for
financing with the bank for working capital
3.For collaterals provided by the company for whom the
endorsements/guarantees were made, the content and the value (thousand NTD):
(1) Content: Land
(2) Value (thousand NTD): 826,186
4.For the latest financial statements of the company for whom the
endorsements/guarantees were made, the Capital (thousand NTD) and Cumulative
gains/losses (thousand NTD):
(1) Capital (thousand NTD): 1,773,889
(2) Cumulative gains/losses (thousand NTD): -131,447
5.For termination of endorsement/guarantee obligations, the condition and
the date:
(1) Condition: Expiration of the loan contract
(2) Date: Expiration of the loan contract
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
6,078,182
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):
1,820,000
8.The amount of endorsements/guarantees as a percentage of the
public company's net worth on the latest financial report as of the date of
occurrence:
26.95
9.The aggregate amount of equity method investments,
endorsements/guarantees, and monetary loans extended to others as a
percentage of the public company's net worth on the latest financial
statements:
42.33
10.Any other matters that need to be specified:None
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AGV Products Corp. published this content on 08 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 August 2022 07:53:05 UTC.
AGV PRODUCTS CORPORATION is a Taiwan-based company principally engaged in the production, processing and trading of food products. The products of the Company include pickles, desserts, sauces, beverages, fresh food series, oil, oat milk series, nutritional series, healthcare food series, functional drinks series, cold storage series and low temperature series, among others. Its dessert products mainly include mixed congee products. Its sauce products include barbeque sauce, spicy chili sauce and sweet chili sauce, among others. Its cold storage series products include passion fruit green tea, lemon juice, ebony juice and herb beverage, among others. The Company mainly operates businesses in Taiwan.
AGV Products : Art. 25 of Regulations Governing Loaning of Funds & Making of Endorsements/Guarantees by Public Companies Publication under Paragraph 1(3)
AGV PRODUCTS CORPORATION 
