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Announcement on behalf of Wisdom Marine Lines S.A. for Intercompany Loan

2023 / 09 / 08

etc

SEQ_NO 1 Date of announcement 2023/09/08 Time of announcement 14:59:33
Subject 
 Announcement on behalf of
Wisdom Marine Lines S.A. for Intercompany Loan
Date of events 2023/09/08 To which item it meets paragraph 23
Statement 
1.Date of occurrence of the event:2023/09/08
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: 53 affiliated companies of the Group
(2) relationship with lender: subsidiaries (100%)
(3) lending limit (thousand NTD): 184,869,882
(4) starting outstanding balance (thousand NTD):21,043,112
(5) new loan (thousand NTD): 20,678,369
(6) board of directors authorization: Yes
(7) outstanding balance (thousand NTD): 41,721,481
(8) reason for new loan (thousand NTD): Operational Capital
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):Nil
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):0
(1) the capital (thousand NTD): 17,277
(2) the cumulative gains/losses(thousand NTD): 8,513,318
5.Method of calculation of interest:Nil
6.For repayment, the condition and the date:
10 years.Extension of loan period of existing intercompany loan
facilities.
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD): 39,135,698
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: 84.20%
9.Sources of funds for the company to extend monetary loans to others:
Self owned funds.
10.Any other matters that need to be specified:
(1)The fifty-three affiliated companies of the Group are
Cosmic Wisdom S.A.、Magnate Maritime S.A.、Unicorn Successor S.A.
、Mount Wisdom S.A.、Unicorn Logger S.A.、Unicorn Bravo S.A.、
Arikun Wisdom S.A.、Unicorn Logistics S.A.、Log Wisdom S.A.、
Rukai Maritime S.A.、Luilang Wisdom S.A.、Taroko Wisdom S.A.、
GSX Maritime S.A.、Atayal Wisdom S.A.、Bunun Wisdom S.A.、
Paiwan Wisdom S.A.、Saysiat Wisdom S.A.、Sakizaya Wisdom S.A.
、Tao Mariner S.A.、Tao Brave S.A.、Trobian Wisdom S.A.、
Triumph Wisdom S.A.、Lloa Wisdom S.A.、Sao Wisdom S.A.、
Guma Navigation S.A.、Adixi Wisdom S.A.、Tao Star S.A.、
Katagalan Marine S.A.、Atayal Star S.A.、Atayal Marine S.A.、
Atayal Brave S.A.、Katagalan Line S.A.、GS Navigation S.A.、
GS Global  S.A.、Poavosa International S.A.、Poavosa Maritime S.A.
、Bunun Navigation S.A.、Tao Ace S.A.、Tao Treasure S.A.、
Bunun Marine S.A.、Amis Navigation S.A.、Sakizaya Marine S.A.、
Sakizaya Navigation S.A.、Amis Star S.A.、Sakizaya Line S.A.、
Poavosa Navigation S.A.、Amis Carriers S.A.、Amis Mariner S.A.、
Bunun Fortune S.A.、Amis Elegance S.A.、Bunun Champion S.A.、
Bunun Dynasty S.A.、Katagalan Brave S.A.
(2)Wisdom Marine Lines S.A. provides funds to its 100% holding
subsidiaries for operational capital.
The financial, business and major decisions of each affiliated
company are made directly by the ultimately parent company.
And regularly report the financial status to the BOD, so its
substance is different from the lending of funds to others in
other industries.
(3)Renewal,with extended the period of the original amount USD643,300,000
and increase USD3,000,000.

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Wisdom Marine Lines Co. Limited published this content on 08 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 September 2023 07:19:01 UTC.