Board of directors resolved to approve the Company and its subsidiaries,Te-Chun,HSIN YEONG AN and TA YANG to sign syndicated loans agreement together with banks

 Board of directors resolved to approve the Company
and its subsidiaries,Te-Chun,HSIN YEONG AN and TA YANG
to sign syndicated loans agreement together with banks

1.Date of occurrence of the event:2022/08/11
2.Counterparty to the contract or commitment:
The syndicate banks led by CTBC bank
3.Relationship with the Company:None
4.Starting and ending dates (or rescission date) of the
contract or commitment:
5 years since the first drawdown date
5.Major content (not applicable where rescinded):
A 5 years syndicated loans with NTD 10,177,999,000 amount
6.Restrictive covenants (not applicable where rescinded):
In accordance with the contents of syndicated loans agreement
7.Commitment (not applicable where rescinded):
In accordance with the contents of syndicated loans agreement
8.Any other important agreement (not applicable where rescinded):
In accordance with the contents of syndicated loans agreement
9.Effect on company finances and business:
To pay the unpaid loans and related financial cost and expense for
financial institutions,support the limited payments and mid-term
working capital
10.Concrete purpose/objective:
To pay the unpaid loans and related financial cost and expense for
financial institutions,support the limited payments and mid-term
working capital
11.Any other matters that need to be specified:None