Taiwan Asia Semiconductor : Announcement of the company's new capital loan and related matters related to its subsidiary - ProAsia Semiconductor Corporation.
Announcement of the company's new
capital loan and related matters related to its
subsidiary - ProAsia Semiconductor Corporation.
Date of events
2022/06/29
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/06/29
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)Funding recipient name: ProAsia Semiconductor Corporation.
(2)Relationship with lender: 100% wholly owned subsidiary
(3)Lending limit (thousand NTD):985,877
(4)Starting outstanding balance (thousand NTD):0
(5)New loan (thousand NTD):500,000
(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:Yes
(7)Outstanding balance (thousand NTD) up to the date of occurrence:
500,000
(8)Reason for new loan (thousand NTD):
Used to purchase machinery equipment and build clean rooms.
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):No
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
(1)Capital:300,000
(2)Cumulative loss:-8,992
5.Method of calculation of interest:
It can be determined according to the loan and the capital cost
of Taiwan-Asia Semiconductor Corporation at that time, and the
interest rate level proposed by the Finance Department will be
calculated after the chairman's approval.
6.For repayment, the condition and the date:
For repayment:Repayment due, early repayment possible.
the condition and the date:
The term of each capital loan shall not exceed one year from the
loan date.It can be used cyclically and in stages.
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):592,295
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:6.01
9.Sources of funds for the company to extend monetary loans to others:
others.
10.Any other matters that need to be specified:No.
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OPTOTech Corporation published this content on 30 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2022 10:01:06 UTC.
Taiwan-Asia Semiconductor Corp, formerly known as Taiwan-Asia Semiconductor Corp is a Taiwan-based company principally engaged in the manufacture and distribution of optoelectronic semiconductor components and related products. The Company mainly provides light emitting diode (LED) components, including LED chips and infrared emitting diode chips; light detecting diode components, including light detecting diode chips, optoelectronic detecting semiconductor chips and high power electronic components, as well as system products, including LED information display screens, LED lighting systems and LED automobile lights. The Company also provides LED packaging components. The Company distributes its products in domestic market and to overseas markets, including Europe, the Americas, Southeast Asia, Northeast Asia and others.
Taiwan Asia Semiconductor : Announcement of the company's new capital loan and related matters related to its subsidiary - ProAsia Semiconductor Corporation.
TAIWAN-ASIA SEMICONDUCTOR CORPORATION 
