Announcemnt of the balance of endorsements by Acelon Corporation for Acegreen company reaches 20 percent or more of its net worth in latest financial statement.
Announcemnt of the balance of endorsements by Acelon
Corporation for Acegreen company reaches 20 percent
or more of its net worth in latest financial statement.
Date of events
2021/11/04
To which item it meets
paragraph 22
Statement
1.Date of occurrence of the event:2021/11/04
2.For the company for whom the endorsements/guarantees were made, please
specify name of endorsed/guaranteed company, its relationship with
the Company providing endorsements/guarantees, the ceiling on the
endorsements/guarantees (thousand NTD), the original amount of
endorsements/guarantees (thousand NTD), the amount of the current additional
endorsements/guarantees (thousand NTD), the amount of
endorsements/guarantees as of the date of occurrence (thousand NTD), the
actual loaned amount of the company for whom endorsements/guarantees were
made (thousand NTD), and the reason for the current additional
endorsements/guarantees:
(1) Name of the spun off company:Acegreen Eco-material Technology Co., Ltd.
(2) Its relationship with the Company providing endorsements/guarantees:
100% wholly owned subsidiary of the company.
(3) The ceiling on the endorsements/guarantees (thousand NTD):1,373,739
(4) The original amount of endorsements/guarantees (thousand NTD): 770,940
(5) The amount of the current additional endorsements/guarantees
(thousand NTD):460,000
(6) The amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):1,230,940
(7) The actual loaned amount of the company for whom endorsements/guarantees
were made (thousand NTD):777,347
(8) The reason for the current additionalendorsements/guarantees:
Acegreen Eco-material Technology Co., Ltd., to meet business demands,
intends to apply to financial institutions for loans with endorsements/
guarantees to be provided by the Company.
3.For collaterals provided by the company for whom the
endorsements/guarantees were made, the content and the value (thousand NTD):
(1) Content:None.
(2) Value (thousand NTD):0
4.For the latest financial statements of the company for whom the
endorsements/guarantees were made, the Capital (thousand NTD) and Cumulative
gains/losses (thousand NTD):
(1) Capital (thousand NTD):470,000
(2) Cumulative gains/losses (thousand NTD):-177,141
5.For termination of endorsement/guarantee obligations, the condition and
the date:
(1) Condition: According to the contract.
(2) Date: According to the contract.
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
1,717,174
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):1,545,940
8.The amount of endorsements/guarantees as a percentage of the
public company��s net worth on the latest financial report as of the date of
occurrence:90.02
9.The aggregate amount of equity method investments,
endorsements/guarantees, and monetary loans extended to others as a
percentage of the public company��s net worth on the latest financial
statements:101.93
10.Any other matters that need to be specified:None.
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Acelon Chemicals & Fiber Corp. published this content on 04 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 November 2021 11:44:10 UTC.
Acelon Chemicals & Fiber Corporation is a Taiwan-based company principally engaged in the production and distribution of nylon filaments and textured yarns. The Company provides nylon filaments, polyester filaments, nylon textured yarns, polyester textured yarns, extra-thin compound yarns, polypropylene textured yarns, liquid dyed yarns, antistatic yarns, compound textured yarns and others. Its products are applied in manufacture of garments, umbrellas and industrial fabrics, among others. The Company distributes its products within Taiwan market and to Hong Kong, Mainland China, Europe, the Americas, Middle East, North Africa and other markets.
Announcemnt of the balance of endorsements by Acelon Corporation for Acegreen company reaches 20 percent or more of its net worth in latest financial statement.