Kuo Toong International : Announcement pursuant to Article 25,Paragraph 1, Subparagraph 4 of the Reg Gov Loaning of Funds and Making of Endorsements/Guarantees for its subsidiaries.
Announcement pursuant to Article 25,Paragraph 1,
Subparagraph 4 of the Reg Gov Loaning of Funds and
Making of Endorsements/Guarantees for its subsidiaries.
Date of events
2022/08/12
To which item it meets
paragraph 22
Statement
1.Date of occurrence of the event:2022/08/12
2.For the company for whom the endorsements
/guarantees were made(1)Company name(2)Its
relationship with the Company providing endorsements/
guarantees(3)The ceiling on the endorsements/
guarantees (thousand NTD)(4)The original amount of
endorsements/guarantees (thousand NTD)(5)he amount
of the current additional endorsements/guarantees
(thousand NTD)(6)The amount of endorsements/guarantees
as of the dateof occurrence (thousand NTD)(7)The actual
loaned amount of the company for whom endorsements/
guarantees were made (thousand NTD)(8)The reason for
the current additional endorsements/guarantees:
(1)Company name: Kuo Yang Environment Technology Co., Ltd. (referred
to as KY)
(2)Its relationship with the Company providing endorsements/
guarantees: KY is a 50.5% subsidiary indirectly owned by the Company
(3)The ceiling on the endorsements/guarantees (thousand NTD):7,442,346
(4)The original amount of endorsements/guarantees (thousand NTD):1,257,300
(5)The amount of the current additional endorsements/guarantees
(thousand NTD):2,450,000
(6)The amount of endorsements/guarantees as of the date of occurrence
(thousand NTD): 3,707,300
(7)The actual loaned amount of the company for whom endorsements/
guarantees were made (thousand NTD): 1,057,712
(8)The reason for the current additional endorsements/guarantees:
The Company continues to act as joint and several guarantors for KY's
restructuring of the syndicated loan.
3.For collaterals provided by the company for
whom the endorsements/guarantees were made, the
(1)Content(2)Value (thousand NTD):
(1)Content: None
(2)Value (thousand NTD): 0
4.For the latest financial statements of the company
for whom the endorsements/guarantees were made, the
(1)Capital (thousand NTD)(2)Cumulative gains/losses
(thousand NTD):
(1)Capital (thousand NTD):2,559,892
(2)Cumulative gains/losses (thousand NTD):147,554
5.For termination of endorsement/guarantee obligations, the
(1)Condition(2)Date:
(1)Condition: Depends on the contract conditions
(2)Date: Depends on the contract conditions
6.The total amount of the ceiling on endorsements/
guarantees (thousand NTD):17,212,364
7.The total amount of endorsements/guarantees as of
the date of occurrence (thousand NTD):5,394,084
8.The amount of endorsements/guarantees provided by
A as a percentage of the public company's net worth
on the latest financial report as of the date of
occurrence:106.57%
9.The aggregate amount of long-term investments,
endorsements/guarantees, and monetary loans extended
to others as a percentage of the public company's net
worth on the latest financial statements:166.20%
10.Any other matters that need to be specified:None
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Kuo Toong International Co. Ltd. published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 11:04:12 UTC.
KUO TOONG INTERNATIONAL CO., LTD. is a Taiwan-based company principally engaged in the engineering contracting business. The Company provides engineering contracting services for water transmission pipelines, waste treatment pipelines and others, as well as the manufacture and sale of prestressed concrete cylinder pipes (PCCPs), reinforced concrete pipes (RCPs), prestressed concrete non-cylinder pipes (PSCPs), jacking pipes (JCPs), ductile iron pipes (DIPs), welded steel pipes (WSPs), stainless steel pipes and steel pipe joints, among others. It also involves in sea water desalination business. The Company principally operates its business in domestic market.
Kuo Toong International : Announcement pursuant to Article 25,Paragraph 1, Subparagraph 4 of the Reg Gov Loaning of Funds and Making of Endorsements/Guarantees for its subsidiaries.
KUO TOONG INTERNATIONAL CO., LTD. 
