Subject: Announcement of new endorsements/ guarantees USD4.5 million by the Company for its subsidiary to apply for bank credit line.
· Issued by Ablerex Electronics Co., Ltd.
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Today's Information
Provided by: ABLEREX ELECTRONICS CO., LTD.
SEQ_NO
4
Date of announcement
2022/08/08
Time of announcement
17:56:38
Subject
Subject:Announcement of new endorsements/
guarantees USD4.5 million by the Company for its
subsidiary to apply for bank credit line.
Date of events
2022/08/08
To which item it meets
paragraph 22
Statement
1.Date of occurrence of the event:2022/08/08
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: Ablerex International Corporation Limited
(2)Its relationship with the Company providing endorsements/guarantees:
Subsidiary
(3)The ceiling on the endorsements/guarantees (thousand NTD):293,099
(4)The original amount of endorsements/guarantees (thousand NTD):210,843
(5)The amount of the current additional endorsements/guarantees (thousand
NTD):135,023
(6)The amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):345,866
(7)The actual loaned amount of the company for whom endorsements/guarantees
were made (thousand NTD):72,012
(8)The reason for the current additional endorsements/guarantees:
Ablerex International Corporation Limited intends to apply to 2 financial
institutions for renewing the credit line.
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:0
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 (thousand NTD):38
(2)Cumulative gains/losses (thousand NTD):32,410
5.For termination of endorsement/guarantee obligations, the
(1)Condition(2)Date:
(1)Condition: Repayment of loans
(2)Date: The endorsement/guarantee will remain one year from the date of
contract signed.
6.The total amount of the ceiling on endorsements/
guarantees (thousand NTD):732,749
7.The total amount of endorsements/guarantees as of
the date of occurrence (thousand NTD):210,483
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:0.14
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:0.20
10.Any other matters that need to be specified:
Those new endorsements/guarantees by the Company for Ablerex International
Corporation Limited will be for renewing credit contracts. The company has
endorsed/guaranteed the same amount for it in the original credit contracts,
so there will be no change in the total endorsements/guarantees finally.