Kenmec Mechanical Engineering : New loans extended to Affiliates exceeding 2% of the Company's net worth on the latest financial statements,on behalf of subsidiary KENTEC INC.
New loans extended to Affiliates
exceeding 2% of the Company's net worth on the latest
financial statements,on behalf of subsidiary KENTEC INC.
Date of events
2022/05/24
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/05/24
2.Funding recipient (1)Name(2)Relationship with lender
(3)Lending limit (thousand NTD)(4)Starting outstanding
balance (thousand NTD)(5)New loan (thousand NTD)(6)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(7)Outstanding
balance (thousand NTD) up to the date of occurrence
(8)Reason for new loan (thousand NTD):
(1)Name:VIETNERGY COMPANY LIMITED.
(2)Relationship with lender:Affiliate
(3)Lending limit(thousand NTD):114,922
(4)Starting outstanding balance (thousand NTD):0
(5)New loan (thousand NTD):88,785
(6)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:NO
(7)Outstanding balance (thousand NTD) up to the date of occurrence:88,785
(8)Reason for new loan (thousand NTD):Working capital
3.For collaterals provided by the loan recipient, the
(1)Content(2)Value (thousand NTD):
(1)Content: None
(2)Value (thousand NTD): None
4.For the latest financial reports of the loan recipient, the
(1)Capital (thousand NTD)(2)Cumulative gains/losses
(thousand NTD):
(1)Capital (thousand NTD): 1,274,354
(2)Cumulative gains/losses (thousand NTD):-972,504
5.Method of calculation of interest:
To be adjusted as needed according to the Company's lending rates
6.For repayment, the(1)Condition(2)Date:
(1)Condition:principal and interest repaid at maturity
(2)Date: starting on the first payment date，
1 year; early repayment allowed
7.The amount of monetary loans extended to others as
of the date of occurrence (thousand NTD):2,314,113
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:0.66
9.Sources of funds for the company to extend monetary
loans to others:subsidiary KENTEC INC.
10.Any other matters that need to be specified:None
Attachments
Original Link
Original Document
Permalink
Disclaimer
Kenmec Mechanical Engineering Co. Ltd. published this content on 24 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 May 2022 08:17:07 UTC.
KENMEC MECHANICAL ENGINEERING CO., LTD. is a Taiwan-based company primarily engaged in the research, development, production and sales of solar cells. The Company mainly operates through four business segments. The Automation Business segment is mainly engaged in the production, sales, installation and leasing of automated assembly line equipment and related supporting facilities. The Solar Power Generation Systems segment is mainly engaged in the manufacture of power generation, transmission and distribution equipment, as well as wireless communications equipment. The Electronic Components segment is principally engaged in the manufacture of electronic components. The Others segment is mainly engaged in the solar water heaters and real estates businesses.
Kenmec Mechanical Engineering : New loans extended to Affiliates exceeding 2% of the Company's net worth on the latest financial statements,on behalf of subsidiary KENTEC INC.
KENMEC MECHANICAL ENGINEERING CO., LTD. 
