Khgears International : Announcement According to Article 22-1-2 and 22-1-3 of ”Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies”
Announcement According to Article 22-1-2 and
22-1-3 of "Regulations Governing Loaning of Funds and
Making of Endorsements/Guarantees by Public Companies"
Date of events
2022/03/02
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/03/02
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)The recipient company: KHGEARS VIETNAM CO., LTD
(2)Relationship:
The lending company: Khgears International Limited
Relationship with lending company: parent company
(3)The ceiling on the loan amounts(thousand NTD): 393,717
(4)The original amount of loans(thousand NTD): 140,125
(5)The amount of the current additional loans(thousand NTD): 224,200
(6)Whether or not the board of directors authorize the chairperson to give
loans for the borrowing counterparty: Yes
(7)Total extended amount of loans as of the date of occurrence of the event
(thousand NTD): 364,325
(8)The reason for loans: For operational needs
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):(1)None, (2)0
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
(1) capital(thousand NTD): 147,896
(2) cumulative gains/losses(thousand NTD):cumulative losses 8,798
5.Method of calculation of interest:Annual rate of interest 1.5%
6.For repayment, the condition and the date:
(1) condition: according to the contract
(2) date: 1 year
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):448,400
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:22.78%
9.Sources of funds for the company to extend monetary loans to others:
bank and parent company
10.Any other matters that need to be specified:
Date of exchange rate of Bank of Taiwan: 2022/02/25
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Khgears International Ltd. published this content on 02 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 March 2022 07:36:05 UTC.
KHGEARS INTERNATIONAL LIMITED is a Taiwan-based holding company. The Company is mainly engaged in the development, manufacture and sale of gears, gearboxes and precision hardware products. The products are mainly used in power tools, garden tools, industrial sewing machines, yacht industry, automotive, medical machinery and industrial robots. The company's products are mainly exported to Asia, America and Europe region.
Khgears International : Announcement According to Article 22-1-2 and 22-1-3 of ”Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies”
KHGEARS INTERNATIONAL LIMITED 