The Company's Board of Director's resolution on the execution of syndicated loan
· Issued by Bora Pharmaceuticals Co Ltd
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Today's Information
Provided by: Bora Pharmaceuticals Co., LTD.
SEQ_NO
4
Date of announcement
2022/08/12
Time of announcement
20:00:31
Subject
The Company's Board of Director's resolution on the
execution of syndicated loan
Date of events
2022/08/12
To which item it meets
paragraph 53
Statement
1.Date of occurrence of the event:2022/08/12
2.Company name: Bora Pharmaceuticals Co., Ltd.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):Head office
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:To stregthen the Company's working capital to acquire
TWI Pharmaceuticals, Inc.'s all stock, the Company's Board of Director
approve to appoint China Trust Bank as the in charge for the syndicated
loan, total amounted to NTD 4 billion to 5 billion for a period of 5 year.
6.Countermeasures:NA
7.Any other matters that need to be specified:For the application
and contract signing of the syndicated loan, The Company's Board
of Directors authorize the chairman to take the necessary action.
