1.Date of occurrence of the event:2019/08/13
2.Name of the company who receive the monetary loans, its
relationship to the Company who extend the loans, ceiling
amount on the monetary loans extended, amount of loans
originally extended, amount of the current additional loans,
whether or not the board of directors authorize the chairperson
to give loans for the borrowing counterparty; total extended
amount of loans and the reason for loans as of the date of
occurrence of the event:
Name of the company who lend the monetary loans:
TPK Universal Solutions Limited
Name of the company who receive the monetary loans:
Upper Year Holdings Limited
its relationship to the Company who extend the loans:
Affiliate
ceiling amount on the monetary loans extended:
NTD37047675 thousands
amount of loans originally extended:
NTD 0 thousands
amount of the current additional loans:
NTD 932700 thousands
whether or not the board of directors authorize the
chairperson to give loans for the borrowing counterparty: No
total extended amount of loans: NTD 932700 thousands
the reason for loans: To fulfill
Upper Year Holdings Limited's funding needs.
3.Content and value of collaterals provided by the loan recipient, if any:
None
4.Capital and Accumulated profit/loss of the loan recipient
according to its latest financial report:
Capital: NTD 6072773 thousands
Accumulated Profit: NTD24104761 thousands
5.Method of calculation of interest:
Lower than weighted average funding cost of TPK group members in Xiamen
6.Terms/conditions and date for repayment:
Advanced redemption, wholly or partially repaid /
expected repayment before 2022/8/12
7.The Company’s total amount of monetary loans extended
as of the date of occurrence of the event:
NTD 66143975 thousands
8.The ratio of the total amount of monetary loans extended
to the Company’s net worth on its most recent financial
statements as of the date of occurrence of the event:
178.54%
9.Sources of funds to extend monetary loans to others:
Lender's Owned Cash
10.Any other matters that need to be specified:
This announcement is made in accordance with article 2 paragraph 23
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