Today's Information |
Provided by: Green River Holding Co. Ltd. | |||||
SEQ_NO | 2 | Date of announcement | 2022/04/29 | Time of announcement | 17:03:17 |
Subject | Announces on behalf of major subsidiary, Green River Panels Trang (Thailand) Co., Ltd., according to Article 25.1.4 of Regulations Making of Endorsements/Guarantees | ||||
Date of events | 2022/04/29 | To which item it meets | paragraph 22 | ||
Statement | 1.Date of occurrence of the event:2022/04/29 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: Green River Holding Co. Ltd. (2)Its relationship with the Company providing endorsements/guarantees: Green River Holding Co. Ltd.directly holds 100% stock of Green River Panels Trang (Thailand) Co., Ltd. (3)The ceiling on the endorsements/guarantees (thousand NTD): NT$5,792,210 (4)The original amount of endorsements/guarantees (thousand NTD): NT$1,447,109 (5)The amount of the current additional endorsements/guarantees (thousand NTD): NT$5,786,561 (6)The amount of endorsements/guarantees as of the date of occurrence (thousand NTD): NT$7,233,670 (7)The actual loaned amount of the company for whom endorsements/guarantees were made (thousand NTD): NT$1,232,937 (8)The reason for the current additional endorsements/guarantees: Guarantee for applying for credit facility, which to repay bank loans and the domestic secured corporate bonds. 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 (thousand NTD):NT$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):NT$897,669 (2)Cumulative gains/losses (thousand NTD):NT$702,411 5.For termination of endorsement/guarantee obligations, the (1)Condition(2)Date: (1)Conditions: Upon the expiration of the bank financing contract. (2)Date: Upon the expiration of the bank financing contract. 6.The total amount of the ceiling on endorsements/ guarantees (thousand NTD):NT$17,621,852 7.The total amount of endorsements/guarantees as of the date of occurrence (thousand NTD):NT$17,760,023 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:856.66% 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:794.39% 10.Any other matters that need to be specified: To satisfy The Company's business requirements, the aggregate endorsement /guarantee amount and the amount for any single entity of the Company and its subsidiaries have exceeded the limits set out in Policies and Procedures for Loaning of Funds and Making of Endorsements and Guarantees. According to Article 19 of Regulations Governing Loaning of Funds and Making of Endorsements /Guarantees by Public Companies, the Company obtains approval from the board of directors on 2022/04/29 and more than half of the directors shall act as joint guarantors for any loss that may be caused to the Company by the excess endorsement/guarantee. It shall also amend Policies and Procedures for Loaning of Funds and Making of Endorsements and Guarantees accordingly and submit the same to the shareholders' meeting for ratification after the fact. This additional amount of endorsements/guarantees is for the Company to repay bank loans and the domestic secured corporate bonds. The amount of endorsement/guarantee is repeatedly calculated before the expiry date of the previous contract, which makes the amount of endorsement/guarantee exceed the limit; the repeatedly calculated amount is NT$4,783,409 thousand, which will be eliminated in May 2022. |
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Green River Holding Co. Ltd. published this content on 29 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 April 2022 09:21:03 UTC.