Global Brands Manufacture : The new loans funded by subsidiary, Kunshan Yuansong Electronics Technology Co., Ltd., reaches NT$10 million or more, and reaches 2% or more of the net worth
The new loans funded by subsidiary, Kunshan
Yuansong Electronics Technology Co., Ltd., reaches NT$10
million or more, and reaches 2% or more of the net worth
Date of events
2022/08/03
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/08/03
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)company name:Kunshan Yuanmao Electronics Technology Co., Ltd.
(2)relationship:100% owned subsidiary
(3)lending limit:NTD2,070,562 thousand
(4)starting outstanding balance:NTD622,019 thousand
(5)new loan:NTD488,729 thousand
(6)authorized by the board of directors or not:Yes
(7)outstanding balance up to the date of occurrence:NTD1,110,748 thousand
(8)reason:Operational turnover, loan repayment
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):None
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
(1)capital:NTD2,377,600 thousand
(2)the cumulative gains/losses:NTD-1,434,015 thousand
5.Method of calculation of interest:Annual rate not exceeding 5%
6.For repayment, the condition and the date:
Repay the loans and interests when the loan is due；2023/09/30
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):NTD8,218,889 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:50.77%
9.Sources of funds for the company to extend monetary loans to others:
Subsidiary
10.Any other matters that need to be specified:None
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GBM - Global Brands Manufacture Ltd. published this content on 03 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2022 09:15:07 UTC.
Global Brands Manufacture Ltd. is a Taiwan-based company principally engaged in the research, production and trade of printed circuit boards (PCBs), as well as the assembling and processing substrates of electronic information and communication products. The Company's major products and services include electronics manufacturing services (EMSs) for electronic substrates, which applied in the manufacture of personal computers, storage devices, network communication product, consumer electronic products, industrial products, among others, as well as PCBs for information technology products, computer peripherals, automobiles and consumer electronics. The Company distributes its products in Asia, Europe and the Americas.
Global Brands Manufacture : The new loans funded by subsidiary, Kunshan Yuansong Electronics Technology Co., Ltd., reaches NT$10 million or more, and reaches 2% or more of the net worth
GLOBAL BRANDS MANUFACTURE LTD. 
