Shih Wei Navigation : Announcement of article 22.1.(3) of 「Regulations Governing Loaning of Funds and Making of Endorsements/ Guarantees by Public Companies」
Announcement of article 22.1.(3) of 「Regulations
Governing Loaning of Funds and Making of Endorsements/
Guarantees by Public Companies」
Date of events
2022/06/14
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/06/14
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):
(1) Name: SHIH WEI NAVIGATION CO., LTD.
(2) Relationship with lender: Parent company
(3) Lending limit: NT$9,745,943 thousand
(4) Starting outstanding balance: NT$958,485 thousand
(5) New loan: NT$171,255 thousand
(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:
NT$1,129,740 thousand
(8) Reason for new loan: Operational turnover and loan repayment(s)
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD): NA
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
(1) Capital: NT$3,292,671 thousand
(2) Cumulative gains/losses: NT$2,563,691 thousand
5.Method of calculation of interest: 0%
6.For repayment, the condition and the date: 1 year
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD): NT$1,935,423 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: 25.13%
9.Sources of funds for the company to extend monetary loans to others:
The company
10.Any other matters that need to be specified:
Total extended amount of loans:US$38,000,000
Converted at exchange rate of 29.73
Attachments
Original Link
Original Document
Permalink
Disclaimer
Shih Wei Navigation Co. Ltd. published this content on 14 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 June 2022 08:42:04 UTC.
SHIH WEI NAVIGATION CO., LTD. is a Taiwan-based company principally engaged in the provision of shipping related services. The Companyâs primary businesses include cargo shipping, shipping transportation, shipping agency, ship management and chartering businesses, as well as the purchasing and sales of ships. The Company mainly operates through two business segments. The Shipping segment is mainly engaged in the shipping and shipping agency businesses. The Tourism segment is mainly engaged in the development of sightseeing leisure hotels. The Company primarily transports cargoes of metal ores, coal, grains, steel, machine components, timbers, boards and other bulk commodities.
Shih Wei Navigation : Announcement of article 22.1.(3) of 「Regulations Governing Loaning of Funds and Making of Endorsements/ Guarantees by Public Companies」
SHIH WEI NAVIGATION CO., LTD. 
