Today's Information

Provided by: NAN YA PLASTICS CORPORATION
SEQ_NO 2 Date of announcement 2022/08/10 Time of announcement 16:16:52
Subject 
 Announcement of Board of Directors approved for
the amount of loaning funds in Q4 2022, exceeding
2% of net worth on the latest financial statements
Date of events 2022/08/10 To which item it meets paragraph 23
Statement 
1.Date of occurrence of the event:2022/08/10
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):
I
(1)Funding recipient name: Formosa Plastics Corp. (FPC);
(2)relationship with lender:FPC is one of the directors of NPC;
(3)lending limit (thousand NTD):96,723,031;
(4)starting outstanding balance (thousand NTD):4,000,000;
(5)new loan (thousand NTD):4,500,000;
(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: Not
(7)outstanding balance (thousand NTD) up to the date
of occurrence:8,500,000
(8)reason for new loan:Working capital financing
II
(1)Funding recipient name: Formosa Chemicals & Fibre Corp. (FCFC);
(2)relationship with lender: FCFC is one of the directors of NPC;
(3)lending limit (thousand NTD):96,723,031;
(4)starting outstanding balance (thousand NTD):4,000,000;
(5)new loan (thousand NTD):4,500,000;
(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: Not
(7)outstanding balance (thousand NTD) up to the date
of occurrence:8,500,000
(8)reason for new loan:Working capital financing
III
(1)Funding recipient name: Formosa Petrochemical Corp. (FPCC);
(2)relationship with lender:
Investments accounted for using equity method;
(3)lending limit (thousand NTD):96,723,031;
(4)starting outstanding balance (thousand NTD):4,000,000;
(5)new loan (thousand NTD):4,500,000;
(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: Not
(7)outstanding balance (thousand NTD) up to the date
of occurrence:8,500,000
(8)reason for new loan:Working capital financing
IV
(1)Funding recipient name: Formosa Heavy Industries (FHI) Corp.;
(2)relationship with lender:
Investments accounted for using equity method;
(3)lending limit (thousand NTD):96,723,031;
(4)starting outstanding balance (thousand NTD):5,700,000;
(5)new loan (thousand NTD):5,700,000;
(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: Not
(7)outstanding balance (thousand NTD) up to the date
of occurrence:11,400,000
(8)reason for new loan:Working capital financing
V
(1)Funding recipient name: Formosa Plastics Marine Corp.;
(2)relationship with lender: The indirect investee;
(3)lending limit (thousand NTD):96,723,031;
(4)starting outstanding balance (thousand NTD):2,001,506;
(5)new loan (thousand NTD):1,580,000;
(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: Not
(7)outstanding balance (thousand NTD) up to the date
of occurrence:3,581,506
(8)reason for new loan:Working capital financing
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):
the capital (thousand NTD):246,633,789
the cumulative gains (thousand NTD):298,655,901
5.Method of calculation of interest:Daily Interest
6.For repayment, the condition and the date:
The term is one year and borrowers may repay at any time.
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):72,772,727
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:18.81%
9.Sources of funds for the company to extend monetary loans to others:
Others
10.Any other matters that need to be specified:
(1)Sources of funds to extend monetary loans to others:Self-owned funding.
(2)The amount of this loans was the credit line approved by
the Board of Directors and the loan drawdown is not made yet.
(3)FPC
the capital (thousand NTD):63,657,408
the cumulative gains (thousand NTD):123,700,286
(4)FCFC
the capital (thousand NTD):58,611,863
the cumulative gains (thousand NTD):45,999,859
(5)FPCC
the capital (thousand NTD):95,259,597
the cumulative gains (thousand NTD):107,981,590
(6)FHI
the capital (thousand NTD):19,948,384
the cumulative gains (thousand NTD):162,653
(7)Formosa Plastics Marine Corp.
the capital (thousand NTD):9,156,537
the cumulative gains (thousand NTD):20,811,513

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Nan Ya Plastics Corporation published this content on 10 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2022 08:25:35 UTC.