U Ming Marine Transport : PUBLIC ANNOUNCEMENT FOR OUR SUBSIDIARY U-MING MARINE TRANSPORT (SINGAPORE) PTE LTD PURSUANT TO ARTICLE 22.1.2 & 22.1.3 OF REGULATIONS GOVERNING LOANING OF FUNDS
PUBLIC ANNOUNCEMENT FOR OUR SUBSIDIARY U-MING
MARINE TRANSPORT (SINGAPORE) PTE LTD PURSUANT TO ARTICLE
22.1.2 & 22.1.3 OF REGULATIONS GOVERNING LOANING OF FUNDS
Date of events
2022/08/17
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/08/17
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:Eagle Investment Pte Ltd
(2)Relationship with lender:Investee company by equity method
(3)Lending limit (thousand NTD):NT$10,738,170 (thousand NTD)
(4)Starting outstanding balance (thousand NTD):NT$0
(5)New loan (thousand NTD):NT$898,200 (thousand NTD)
(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$898,200 (thousand NTD)
(8)The reason for new loan (thousand NTD):Short-term financing facility.
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):NA
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
(1)Capital:NT$30
(2)Accumulated profit/loss:-NT$31,051 (thousand NTD)
5.Method of calculation of interest:USD Term SOFR 3M+0.4%
6.For repayment, the condition and the date:
The duration of the loan is One Year after the drawdown date.
The principal amount shall be repaid in full on or before
the repayment date.
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):NT$2,361,315 (thousand NTD)
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:8.15
9.Sources of funds for the company to extend monetary loans to others:
Subsidiary's own funds
10.Any other matters that need to be specified:NA
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U-Ming Marine Transport Corp. published this content on 17 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2022 08:13:03 UTC.
U-MING MARINE TRANSPORT CORP. is a Taiwan-based company principally engaged in the transportation of bulk cargo. Other businesses of the Company include the trading of vessels, shipping agency, the consultancy of ship service information, as well as investment businesses. The Company owns bulk cargo ships and oil ships, which are used in the transportation of bulk materials, such as iron ores, coal, grain and cement, among others. The Company operates businesses in Taiwan, Australia, China, South America and Europe, among others.
U Ming Marine Transport : PUBLIC ANNOUNCEMENT FOR OUR SUBSIDIARY U-MING MARINE TRANSPORT (SINGAPORE) PTE LTD PURSUANT TO ARTICLE 22.1.2 & 22.1.3 OF REGULATIONS GOVERNING LOANING OF FUNDS
U-MING MARINE TRANSPORT CORPORATION 
