Ta Chen Stainless Pipe : Subsidiary Ta Chen International, Inc. according to Regulations Governing Loaning of Funds /Making of Endorsements/Guarantees, Article25 P1 Section4
Subsidiary Ta Chen International, Inc. according
to Regulations Governing Loaning of Funds /Making of
Endorsements/Guarantees, Article25 P1 Section4
Date of events
2021/12/17
To which item it meets
paragraph 22
Statement
1.Date of occurrence of the event:2021/12/17
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: TCI Texarkana, Inc.
(2) Its relationship with the Company providing endorsements/
guarantees: TCI Texarkana, Inc. is 100% owned by Ta Chen International, Inc.
(3) The ceiling on the endorsements/guarantees (thousand NTD):65,263,808
(4) The original amount of endorsements/guarantees (thousand NTD):31,044,000
(5) The amount of the current additional endorsements/guarantees
(thousand NTD):2,363,935
(6) The amount of endorsements/guarantees as of the date of
occurrence (thousand NTD):33,407,935
(7) The actual loaned amount of the company for whom endorsements
/guarantees were made (thousand NTD):31,044,000
(8) The reason for the current additional endorsements/guarantees:
Ta Chen International, Inc. provide guarantee for the bank loan
of TCI Texarkana, Inc.
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): 8,355,000
(2) Cumulative gains/losses (thousand NTD): -2,006,239
5.For termination of endorsement/guarantee obligations, the condition and
the date:
(1) Condition: maturity date of bank loan
(2) Date: maturity date of bank loan
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
65,263,808
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):41,402,907
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:120.26
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:228.12
10.Any other matters that need to be specified:None
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TA CHEN Stainless Pipe Co. Ltd. published this content on 17 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 December 2021 10:28:08 UTC.
TA CHEN STAINLESS PIPE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of stainless steel products. The Company's main products include stainless steel pipes, stainless steel welded pipe fittings, stainless steel coils, stainless steel cutting and processing products, steel belts, pipe joints, flange, valves and fasteners. In addition, The Company is also engaged in the manufacture and sales of screws and nuts. The Company's mainly distributes its products to the overseas markets.
Ta Chen Stainless Pipe : Subsidiary Ta Chen International, Inc. according to Regulations Governing Loaning of Funds /Making of Endorsements/Guarantees, Article25 P1 Section4
TA CHEN STAINLESS PIPE CO., LTD. 
