Announcement for Additional Endorsement and
Guarantee Exceeds 5% of The Company's Net Worth
Date of events
2021/12/10
To which item it meets
paragraph 22
Statement
1.Date of occurrence of the event:2021/12/10
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 party for whom the endorsements/guarantees were made :
WAN HAI LINES (SINGAPORE) PTE LTD
(2) Relationship with the Company :
Subsidiary by the Company
(3) The ceiling on the endorsements/guarantees : TWD 221,402,082 thousands
(4) The original amount of endorsements/guarantees: TWD15,330,190 thousands
(5) The amount of the current additional endorsements/guarantees:
TWD 9,406,171 thousands
(6) The amount of endorsements/guarantees as of the date of occurrence
of the event: TWD 24,736,361 thousands
(7) The actual loaned amount of the company who was made the endorsements/
guarantees: TWD 14,907,701 thousands
(8) The reason for the current additional endorsements/guarantees:
According to shipbuilding agreements, parent company has to guarantee
the installments.
3.For collaterals provided by the company for whom the
endorsements/guarantees were made, the content and the value (thousand NTD):
NIL
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):
Capital:TWD 19,811,430 thousands; Acc profit/loss : TWD 10,400,654 thousands
5.For termination of endorsement/guarantee obligations, the condition and
the date:
According to the shipbuilding agreement.
/According to the shipbuilding agreement.
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
TWD 276,752,602 thousands
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):
TWD 24,736,361 thousands
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:
22.35%
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:
49.72%
10.Any other matters that need to be specified:
The exchange rate for USD/TWD:27.737
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Disclaimer
Wan Hai Lines Ltd. published this content on 10 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 December 2021 09:01:01 UTC.
Wan Hai Lines Ltd is a Taiwan-based company principally engaged in the provision of all container shipping routes services. The Company is mainly engaged in the shipping industries, shipping agencies, ship and container trading business, port container terminal operation business, as well as ship and container rental business. The Company operates business in Mainland China, Taiwan, Kanto and Kansai of Japan, South Korea, Thailand, Indonesia, Philippines, Singapore, Malaysia, Hong Kong, Vietnam, India, Pakistan, Sri Lanka, Iran, the Middle East, the United States, Netherlands, Belgium, Germany, Romania, Ukraine, Turkey and others. The Company is also engaged in the provision of general agency services of cargo transportation.
WAN HAI LINES LTD. 
