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    2614   TW0002614005

EASTERN MEDIA INTERNATIONAL CORPORATION

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Eastern Media International : Total new endorsements/guarantees by the Company reaches NT$30 million and 5% or more of the public company's net worth on the latest financial statements.

08/11/2022 | 07:48am EDT
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Today's Information

Provided by: EASTERN MEDIA INTERNATIONAL CORPORATION
SEQ_NO 1 Date of announcement 2022/08/11 Time of announcement 19:28:33
Subject
 Total new endorsements/guarantees by the Company
reaches NT$30 million and 5% or more of the public
company's net worth on the latest financial statements.
Date of events 2022/08/11 To which item it meets paragraph 22
Statement
1.Date of occurrence of the event:2022/08/11
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:EHR Hotels & Resorts Group Yilan
(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):
22,637,052
(4)The original amount of endorsements/guarantees(thousand NTD):
800,000
(5)The amount of the current additional endorsements/guarantees
(thousand NTD):1,312,000
(6)The amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):2,112,000
(7)The actual loaned amount of the company for whom endorsements/guarantees
were made (thousand NTD):752,000
(8)The reason for the current additional endorsements/guarantees:
Subsidiary,EHR Hotels & Resorts Group Yilan,to meet business demands,
intends to apply to financial institutions for loans with
endorsements/guarantees to be provided by the public 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):545,912
(2)Cumulative gains/losses (thousand NTD):-491,782
5.For termination of endorsement/guarantee obligations, the condition and
the date:
(1)Condition: Repayment of loans
(2)Date: Maturity date for contracts with the banks
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
28,296,315
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):12,019,075
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:212.38%
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:37.90%
10.Any other matters that need to be specified:None.

Disclaimer

EMI - Eastern Media International Corporation published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 11:45:30 UTC.


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Sales 2021 5 512 M 173 M 173 M
Net income 2021 745 M 23,5 M 23,5 M
Net Debt 2021 5 254 M 165 M 165 M
P/E ratio 2021 24,2x
Yield 2021 3,03%
Capitalization 8 505 M 268 M 268 M
EV / Sales 2020 3,36x
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Nbr of Employees 263
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