Tex Year Industries : Announcement of the new endorsements/guarantees by the Company reaching NT$30 million and 5% or more net worth on the latest financial statements
Announcement of the new endorsements/guarantees
by the Company reaching NT$30 million and 5% or more
net worth on the latest financial statements
Date of events
2022/08/11
To which item it meets
paragraph 22
Statement
1.Date of occurrence of the event:2022/08/11
2.For the company for whom the endorsements/guarantees were made, please
specify name of endorsed/guaranteed company, its relationship with
the Company providing endorsements/guarantees, the ceiling on the
endorsements/guarantees (thousand NTD), the original amount of
endorsements/guarantees (thousand NTD), the amount of the current additional
endorsements/guarantees (thousand NTD), the amount of
endorsements/guarantees as of the date of occurrence (thousand NTD), the
actual loaned amount of the company for whom endorsements/guarantees were
made (thousand NTD), and the reason for the current additional
endorsements/guarantees:
(1) Name of endorsed/guaranteed company: Tex Year Industrial Adhesives
Pvt. Ltd.
(2) Relationship: Business dealings wholly owned subsidiary
(3) Ceiling on endorsement/guarantee (thousand NTD): NT$ 262,948
(4) Starting balance of endorsement/guar antee (thousand NTD): NT$ 0
(5) New endorsement/guarantee (thousand NTD): NT$ 29,990
(6) Balance of endorsements/guarantees up to the date of occurrence:
NT$29,990
(7) Amount accessed by endorsed company (thousand NTD): NT$ 0
(8) Reason for new endorsement/guarantee: New of bank credit line.
3.For collaterals provided by the company for whom the
endorsements/guarantees were made, the content and the value (thousand NTD):
None.
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): NT$ 15,029
(2) Cumulative gains/losses (thousand NTD): NT$ 11,407
5.For termination of endorsement/guarantee obligations, the condition and
the date:
(1) Condition:Bank contract maturity.
(2) Date: Maturity date for contracts with the banks:Bank contract maturity.
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
NT$ 657,370
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):NT$ 404,058
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:30.73%
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:4.29%
10.Any other matters that need to be specified:None.
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Tex Year Industries Inc. published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 09:00:05 UTC.
TEX YEAR INDUSTRIES INC. is a Taiwan-based company mainly engaged in the processing, manufacture and trading of adhesive products. The Companyâs principal products include hot melt adhesives, pressure sensitive adhesives, instant adhesives, ultraviolet rays (UV) adhesives and paints, packaging materials for solar cell modules, electronic specialty chemicals, as well as medical steam autoclaves and medical anti-infection devices. The Company is also involved in the design, assembly, maintenance and trading of automation equipment, as well as the provision of related technology transfer and after-sales services. The Company mainly operates through three business segments: Taiwan chemical engineering segment, the Mainland China business segment and others segment. The Company mainly operates its businesses in Asia, the Americas and Europe.
Tex Year Industries : Announcement of the new endorsements/guarantees by the Company reaching NT$30 million and 5% or more net worth on the latest financial statements