1.Date of occurrence of the event:2020/03/27
2.Name of the company who receive the monetary loans, its relationship to the Company who extend the loans, ceiling amount on the monetary loans extended, amount of loans originally extended, amount of the current additional loans, whether or not the board of directors authorize the chairperson to give loans for the borrowing counterparty; total extended amount of loans and the reason for loans as of the date of occurrence of the event:
(1) Name of the company who receive the monetary loans: Sincere Navigation Corporation
(2) Its relationship to the Company who extend the loans: 100% holding Parent Company
(3) Ceiling amount on the monetary loans extended: NT$1,623,890 thousands
(4) Amount of loans originally extended: US$20,000 thousands.
(5) Amount of the current additional loans: US$-.
(6) Whether or not the board of directors authorize the chairperson to give loans for the borrowing counterparty: No.
(7) Total extended amount of loans: US$20,000 thousands.
(8) The reason for loans as of the date of occurrence of the event: Support working capital to Parent Company.
3.Content and value of collaterals provided by the loan recipient, if any: None.
4.Capital and Accumulated profit/loss of the loan recipient according to its latest financial report:
Capital:NT$5,853,533 thousands.
Accumulated profit:NT$6,664,957 thousands.
5.Method of calculation of interest:Free of interest.
6.Terms/conditions and date for repayment: Extend original loan for 5 years; New maturity date: May 9, 2024 .
7.The Company’s total amount of monetary loans extended as of the date of occurrence of the event: US$20,000 thousands.
8.The ratio of the total amount of monetary loans extended to the Company’s net worth on its most recent financial statements as of the date of occurrence of the event: 3.90%
9.Sources of funds to extend monetary loans to others: Subsidiary itself.
10.Any other matters that need to be specified: Adoption of ”Procedures for Lending Funds to Other Parties” amended on June 28,2019.