Announcement on behalf of subsidiary
HOLIDAY GARDEN US CORP. of capital loan.
Date of events
2021/11/19
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2021/11/19
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:HOLIDAY GARDEN FM CORP.
(2)Relationship with lender:Direct and indirect shareholding 100%
(3)Lending limit (thousand NTD):4,782,450
(4)Starting outstanding balance (thousand NTD):0
(5)New loan (thousand NTD):430,900
(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:430,900
(8)Reason for new loan (thousand NTD):Investing in hotels in the US and
operating Requirements
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(thousand NTD):69,500
(2)Cumulative gains/losses(thousand NTD):0
5.Method of calculation of interest:Annual Interest 3%
6.For repayment, the condition and the date:
(1)Condition:None
(2)Date:Repayment release before expiration
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):4,384,098
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:541.95
9.Sources of funds for the company to extend monetary loans to others:
The Subsidiary
10.Any other matters that need to be specified:None
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Disclaimer
Hotel Holiday Garden published this content on 19 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 November 2021 06:52:02 UTC.
Holiday Garden Hotel Co Ltd is a Taiwan-based company mainly engaged in the operation of hotels and restaurants. The main products are hotel rental and catering services. The main products are operating in the form of rooms for rent, as well as catering and meeting places and other related facilities. The main brands include Holiday Garden Group Kaohsiung SKM Park, Mongkok Restaurant, Hyatt Place Emeryville/San Francisco Bay Area, SpringHill Suites San Jose Fremont, Holiday Inn Express Walnut Creek, Clementine Hotel & Suites Anaheim, Embassy Suites by Hilton Valencia, and others. The Company operates businesses in domestic and overseas markets.
HOTEL HOLIDAY GARDEN 
