Announcement according to Article 25.1.4 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies(20171211)

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Announcement according to Article 25.1.4 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies(20171211)
Dec-11,2017

1. Date of occurrence of the event: March. 9th, 2017

2. For whom the endorsements/guarantees were made:

(1) The company name of the party: Yeong Guan Holdings Co., Ltd.

(2) Its relationship with the Company:

Direct and indirect wholly owned subsidiary within consolidated statement.

(3) The ceiling on the endorsements/guarantees (1000 NTD): 4887075

(4) The original amount of endorsements/guarantees (1000 NTD)135000

(5) The amount of the current additional endorsements/guarantees (1000 NTD):845000

(6) The amount of endorsements/guarantees as of the date of occurrence of the event (1000 NTD):980000

(7) The actual loaned amount of the company who was made the endorsements/guarantees (1000 NTD):0

(8) The reason for the current additional endorsements/guarantees:

Yeong Guan Holdings Co., Ltd Taiwan Branch has signed financing contract with Taiwan Land Bank, and YGG announces according to Endorsements/Guarantees procedure of its regulations.

3. Of collaterals provided by the party for whom the endorsements/guarantees were made:

(1) Content: None.

(2) Value (1000 NTD):0

4. For whom the endorsements/guarantees were made according to its latest financial report:

(1) Capital (1000 NTD):7111257

(2) Accumulated profit/loss (1000 NTD):5401121

5. Of the Company's endorsement/guarantee obligations:

(1) Terms/conditions:

Repayment upon maturity according to the financing contract.

 (2) Date of release:

Repayment upon maturity according to the financing contract.

6. The total amount of ceiling on endorsement/guarantee (1000 NTD): 7819320

7. The total amount of endorsements/guarantees as of the date of occurrence of the event (1000 NTD)3427849

8. The ratio of the amount of endorsements/guarantees to the Company's net worth according to the latest financial report as of the date of occurrence of the event: 35.09

9. The ratio of the aggregate amount of long term investments, endorsements/guarantees, and monetary loans extended to others to the Company's net worth according to the latest financial report: 57.74

10. Any other matters that need to be specified: No.