Test Rite International : The Company announced according to the Article 25 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies.
The Company announced according to the Article
25 of Regulations Governing Loaning of Funds and
Making of Endorsements/Guarantees by Public Companies.
Date of events
2022/03/23
To which item it meets
paragraph 22
Statement
1.Date of occurrence of the event:2022/03/23
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)The company for whom the endorsements/guarantees were made:Test-Rite
Product Corp.
(2)Its relationship with the Company providing endorsements/guarantees:
subsidiary;
(3)The ceiling on the endorsements/guarantees (thousand NTD):3,410,018
(4)The original amount of endorsements/guarantees (thousand NTD):399,602
(5)The amount of the current additional endorsements/guarantees
(thousandNTD):285,430
(6)The amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):685,032
(7)The actual loaned amount of the company for whom endorsements/guarantees
were made (thousand NTD):399,602
(8)The reason for the current additional endorsements/guarantees:To guarantee
for the subsidiary's bank loan
3.For collaterals provided by the company for whom the
endorsements/guarantees were made, the content and the value (thousand NTD):
NA.
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):2,404,748 and (847,215) according to its latest
financial report.
5.For termination of endorsement/guarantee obligations, the condition and
the date:a.Released when the endorsement/guarantee expires.b.2023/3/23
(USD10,000,000).
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
$6,820,036
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):1,401,226
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:20.55%
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:31.72%
10.Any other matters that need to be specified:NA.
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Test Rite International Co. Ltd. published this content on 23 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2022 11:26:07 UTC.
Test Rite International Co Ltd is a Taiwan-based company principally engaged in the retailing of household products and the trading of daily goods. The trading business is engaged in the import and export business and agency business of department store products, covering hardware tools, DIY hand tools, bathroom and storage products, stationery products, household appliances and living goods, outdoor furniture, gardening, barbecue products. The retail business is directly facing consumers mainly located in Taiwan and China in the home furnishings, home repair, mattress and bedding sales business, comprehensive home integration services and brand agency business. The affiliated business groups include design teams for product design, packaging design, and industrial design; construction teams for store construction, office building construction, investment promotion, and logistics and warehousing services in China, Taiwan, the United States, and Europe.
Test Rite International : The Company announced according to the Article 25 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies.