Announcement for the fund-lending increase on
behalf of AMI, a subsidiary of AM, according to article
22 NO. 1&3 regulations.
Date of events
2022/08/08
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/08/08
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)Recipient name:Alexander Marine USA Inc.
(2)Relationship:
An indirect wholly-owned subsidiary of Alexander Marine
International Co., Limited.
(3)Lending limit:NTD 3,704,206(thousand)
(4)Starting outstanding balance:NTD 239,520(thousand)
(5)New loan: NTD 449,100(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:Yes
(7)Outstanding balance up to the date of occurrence:NTD 688,620(thousand).
(8)Reason for new loan :Funding requirement for inventory purchase.
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):
Capital:NTD534,960(thousand)
Accumulated profit/loss:NTD -191,790(thousand)
5.Method of calculation of interest:NA
6.For repayment, the condition and the date:Alexander USA Inc.
may repay at any time during the loan period in a year.
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):NTD 926,326(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:24.74%
9.Sources of funds for the company to extend monetary loans to others:
Alexander Marine International Co., Limited.
10.Any other matters that need to be specified:
(1)The latest financial statements is refered to 2022Q2 financial
statements.
(2)The USD:NTD is 1:29.94 based on the Taiwan Bank's spot purchase
rate on 2022/07/29.
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Alexander Marine Co. Ltd. published this content on 08 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 August 2022 08:13:04 UTC.
Alexander Marine Co Ltd is a Taiwan-based company principally engaged in the manufacturing and sale of luxury yachts and spare parts. The Company manufactures various luxury yachts and spare parts utilizing technologies for 3D modeling and others. The Company provides megayachts, motoryachts, fuel tanks, as well as related spare parts, among others.