Announcement on behalf of subsidiary,Announcement on behalf of subsidiary,Kunshan Lemtech Electronics Technology Co., Ltd about making loan to other.
· Issued by Lemtech Holdings Co., Limited
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Today's Information
Provided by: Lemtech Holdings Co., Limited
SEQ_NO
2
Date of announcement
2022/03/29
Time of announcement
18:20:20
Subject
Announcement on behalf of subsidiary,Announcement
on behalf of subsidiary,Kunshan Lemtech Electronics
Technology Co., Ltd about making loan to other.
Date of events
2022/03/29
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event: 2022/03/29
2.Funding recipient name, relationship with lender, lending limit
(thousand NTD), starting outstanding balance (thousand NTD), new loan
(thousand NTD), is it part of a scheduled allocation or revolving limit for
the same recipient that the chairman is authorized by the board of directors
to allocate, outstanding balance (thousand NTD) up to the date of
occurrence, reason for new loan (thousand NTD):
a.Name of the company who receives loan:
Lemtech Electronics Technology(Chang shu)Co., Ltd
b.The relationship to the Company who extend the loans:
Both companies are overseas subsidiaries.
c.Ceiling amount on the monetary loans extended:NT$88,176 Thousand
d.Amount of loans originally extended: NT$ 0Thousand
e.Amount of the current additional loans: NT$ 87,880 Thousand
f.Whether or not the board of directors authorize the chairperson
to give loans for the borrowing counterparty: No
g.Total extended amount of loans: NT$87,880 Thousand
h.The reason for loans as of the date of occurrence of the event:
For the needs of working capital
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):None
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
NT$155,265 Thousand AND gain NT$-9,429 Thousand
5.Method of calculation of interest:
The annual interest rate is 4.0% in accordance with
the foreign exchange deposit board of the Bank of Taiwan
6.For repayment, the condition and the date:
Repayment can be made in advance or lump-sum at maturity
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD): NT$364,012 Thousand
8.The total amount of monetary loans extended to others as a percentage of
the public company's net worth on the latest financial statements as of the
date of occurrence:12.17%
9.Sources of funds for the company to extend monetary loans to others:
Cash flows generated internally by the lender
10.Any other matters that need to be specified: None