Today's Information

Provided by: WAH HONG INDUSTRIAL CORP.
SEQ_NO 4 Date of announcement 2022/08/05 Time of announcement 16:53:35
Subject 
 Wah Hong announces the Endorsements/Guarantees
made for GUAN HONG according to Regulations Governing
Loaning of Funds and Making of Endorsements/Guarantees
Date of events 2022/08/05 To which item it meets paragraph 22
Statement 
1.Date of occurrence of the event:2022/08/05
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: XIAMEN GUAN HONG OPTRONICS CO., LTD.
(2)Its relationship with the Company:Wah Hong's subsidiary.
(3)The ceiling on the endorsements/guarantees:
   NTD 1,205,640 thousand.
(4)The original amount of endorsements/guarantees:
   NTD 178,320 thousand.
(5)he amount of the current additional endorsements/guarantees:
   NTD 149,700 thousand.
(6)The amount of endorsements/guarantees as of the date of occurrence:
   NTD 328,020 thousand.
(7)The actual loaned amount of the company for whom
endorsements/guarantees
   were made: NTD 50,475 thousand.
(8)The reason for the current additional endorsements/guarantees:
   To fulfill business requirements (contract renewal).
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: None.
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: NTD 264,813 thousand.
(2)Cumulative gains/losses: NTD 31,457 thousand losses.
5.For termination of endorsement/guarantee obligations, the
(1)Condition(2)Date:
Condition and Date: According to the contracts
between the Company, the party for whom the endorsements/guarantees
was made and the banks.
6.The total amount of the ceiling on endorsements/
guarantees (thousand NTD):NTD 2,813,160 thousand.
7.The total amount of endorsements/guarantees as of
the date of occurrence (thousand NTD):NTD 1,808,559 thousand.
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:45.00%.
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:13.95%.
10.Any other matters that need to be specified:
(1)Current additional endorsements/guarantees amount has obtained approval
   from Board of Directors and not yet signed the contract as of the date of
   announce and report.
(2)As of the date of occurrence of the event, balance amount of endorsements/
   guarantees has obtained approval from Board of Directors and is within the
   original unexpired banking facility.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Wah Hong Industrial Corporation published this content on 05 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2022 09:00:07 UTC.