Sercomm : To report fund lending for subsidiaries under the Article 22-1-3 of Regulations Governing Loaning of Funds & Making of Endorsements/Guarantees by Public Companies
To report fund lending for subsidiaries under the
Article 22-1-3 of Regulations Governing Loaning of Funds
& Making of Endorsements/Guarantees by Public Companies
Date of events
2022/08/05
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/08/05
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)Name: Sernet (Suzhou) Technologies Corporation
(2)Relationship with lender:
100%-owned subsidiaries of the same parent company
(3)Lending limit (thousand NTD): NT$ 1,777,180
(4)Starting outstanding balance (thousand NTD):NT$0
(5)New loan (thousand NTD): NT$900,000
(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: Yes.
(7)Outstanding balance (thousand NTD) up to the date of
occurrence: NT$900,000
(8)Reason for new loan (thousand NTD): Working capital
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):N/A, NT$0
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): NT$933,252
(2) Cumulative gains/losses (thousand NTD):NT$3,170,291
5.Method of calculation of interest:
Borrowing rate of 3.7%, on monthly basis
6.For repayment, the condition and the date:
Repayment on due day; Loan payment within one year
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):NT$900,000
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:10.13%
9.Sources of funds for the company to extend monetary loans to others:
Subsidiary itself
10.Any other matters that need to be specified:
Loan period: 2022/08/14-2023/08/13
Attachments
Original Link
Original Document
Permalink
Disclaimer
SerComm Corporation published this content on 05 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2022 09:50:04 UTC.
SerComm Corp is a Taiwan-based company principally engaged in the research, development, manufacture and distribution of wireless network products and wired network products. The Companyâs main products include fixed-line and mobile convergence products, home broadband access equipment, commercial Netcom equipment, IoT-related applications and others. The Company mainly distributes its products in the domestic market and overseas markets, such as the Americas, Asia and Europe.
Sercomm : To report fund lending for subsidiaries under the Article 22-1-3 of Regulations Governing Loaning of Funds & Making of Endorsements/Guarantees by Public Companies