1.Date of occurrence of the event:2024\/05\/10
\n2.The public company whose balance of endorsements\/guarantees reaches 50 percent or more of its net worth
\n on the latest financial statements.Please specify name of endorsed\/guaranteed company, relationship,
\n reason for endorsements\/guarantees up to the date of occurrence, ceiling on endorsement\/guarantee
\n (thousand NTD), starting balance of endorsement\/guarantee (thousand NTD), balance of
\n endorsements\/guarantees up to the date of occurrence, amount accessed by endorsed company
\n (thousand NTD), new endorsement\/guarantee (thousand NTD) and the reason for new
\n endorsement\/guarantee:
\n————————————————————————
\n(1)Name of endorsed\/guaranteed company: Sincere Navigation Corporation
\n(2)Relationship with the Company:
\n Heywood Limited(guarantor) is a 100% owned subsidiary by Sincere Navigation Corporation.
\n(3)Reason for endorsements\/guarantees up to the date of occurrence: Finance.
\n(4)The ceiling on the endorsements\/guarantees: NT$6,268,121 (in thousands)
\n(5)The starting balance of endorsement\/guarantee: NT$4,200,000 (in thousands)
\n(6)The balance of endorsements\/guarantees up to the date of occurrence: NT$5,200,200 (in thousands)
\n(7)The amount accessed by endorsed company: NT$1,948,500 (in thousands)
\n(8)New endorsement\/guarantee: NT$1,000,000 (in thousands)
\n(9)The reason for new endorsement\/guarantee: Renewal of the bank credit agreement upon expiration.
\n————————————————————————
\n(1)Name of endorsed\/guaranteed company: Sincere Navigation Corporation
\n(2)Relationship with the Company:
\n Norley Corporation Inc.(guarantor) is a 100% owned subsidiary by Sincere Navigation Corporation.
\n(3)Reason for endorsements\/guarantees up to the date of occurrence: Finance.
\n(4)The ceiling on the endorsements\/guarantees: NT$13,059,546 (in thousands)
\n(5)The starting balance of endorsement\/guarantee: NT$680,000 (in thousands)
\n(6)The balance of endorsements\/guarantees up to the date of occurrence: NT$680,000 (in thousands)
\n(7)The amount accessed by endorsed company: NT$0 (in thousands)
\n(8)New endorsement\/guarantee: NT$0 (in thousands)
\n(9)The reason for new endorsement\/guarantee:NA
\n————————————————————————
\n(1)Name of endorsed\/guaranteed company: Heywod Limited
\n(2)Relationship with the Company:
\n Norley Corporation Inc.(guarantor) is a fellow company of Heywood Limited.
\n(3)Reason for endorsements\/guarantees up to the date of occurrence: Finance.
\n(4)The ceiling on the endorsements\/guarantees: NT$13,059,546 (in thousands)
\n(5)The starting balance of endorsement\/guarantee: NT$680,000 (in thousands)
\n(6)The balance of endorsements\/guarantees up to the date of occurrence: NT$680,000 (in thousands)
\n(7)The amount accessed by endorsed company: NT$0 (in thousands)
\n(8)New endorsement\/guarantee: NT$0 (in thousands)
\n(9)The reason for new endorsement\/guarantee:NA
\n————————————————————————
\n(1)Name of endorsed\/guaranteed company: Norley Corporation Inc.
\n(2)Relationship with the Company:
\n Heywood Limited (guarantor) is a fellow company of Norley Corporation Inc.
\n(3)Reason for endorsements\/guarantees up to the date of occurrence: Finance.
\n(4)The ceiling on the endorsements\/guarantees: NT$6,268,121 (in thousands)
\n(5)The starting balance of endorsement\/guarantee: NT$680,000 (in thousands)
\n(6)The balance of endorsements\/guarantees up to the date of occurrence: NT$680,000 (in thousands)
\n(7)The amount accessed by endorsed company: NT$0 (in thousands)
\n(8)New endorsement\/guarantee: NT$0 (in thousands)
\n(9)The reason for new endorsement\/guarantee:NA
\n————————————————————————
\n(1)Name of endorsed\/guaranteed company: Norley Corporation Inc.
\n(2)Relationship with the Company:
\n Sincere Navigation Corporation(guarantor) is the parent company of Norley Corporation Inc.
\n(3)Reason for endorsements\/guarantees up to the date of occurrence: Finance.
\n(4)The ceiling on the endorsements\/guarantees: NT$16,599,549 (in thousands)
\n(5)The starting balance of endorsement\/guarantee: NT$748,650 (in thousands)
\n(6)The balance of endorsements\/guarantees up to the date of occurrence: NT$748,650 (in thousands)
\n(7)The amount accessed by endorsed company: NT$0 (in thousands)
\n(8)New endorsement\/guarantee: NT$0 (in thousands)
\n(9)The reason for new endorsement\/guarantee:NA
\n————————————————————————
\n(1)Name of endorsed\/guaranteed company: Norley Corporation Inc.
\n(2)Relationship with the Company:
\n Ocean Wise Limited (guarantor) is a 100% owned subsidiary by Norley Corporation Inc.
\n(3)Reason for endorsements\/guarantees up to the date of occurrence: Finance.
\n(4)The ceiling on the endorsements\/guarantees: NT$763,565 (in thousands)
\n(5)The starting balance of endorsement\/guarantee: NT$691,688 (in thousands)
\n(6)The balance of endorsements\/guarantees up to the date of occurrence: NT$691,688 (in thousands)
\n(7)The amount accessed by endorsed company: NT$0 (in thousands)
\n(8)New endorsement\/guarantee: NT$0 (in thousands)
\n(9)The reason for new endorsement\/guarantee:NA
\n————————————————————————
\n(1)Name of endorsed\/guaranteed company: Norley Corporation Inc.
\n(2)Relationship with the Company:
\n Poseidon Marine Ltd. (guarantor) is a 100% owned subsidiary by Norley Corporation Inc.
\n(3)Reason for endorsements\/guarantees up to the date of occurrence: Finance.
\n(4)The ceiling on the endorsements\/guarantees: NT$1,050,842 (in thousands)
\n(5)The starting balance of endorsement\/guarantee: NT$691,688 (in thousands)
\n(6)The balance of endorsements\/guarantees up to the date of occurrence: NT$691,688 (in thousands)
\n(7)The amount accessed by endorsed company: NT$0 (in thousands)
\n(8)New endorsement\/guarantee: NT$0 (in thousands)
\n(9)The reason for new endorsement\/guarantee:NA
\n————————————————————————
\n(1)Name of endorsed\/guaranteed company: Norley Corporation Inc.
\n(2)Relationship with the Company:
\n Maxson Shipping Inc. (guarantor) is a 100% owned subsidiary by Norley Corporation Inc.
\n(3)Reason for endorsements\/guarantees up to the date of occurrence: Finance.
\n(4)The ceiling on the endorsements\/guarantees: NT$843,325 (in thousands)
\n(5)The starting balance of endorsement\/guarantee: NT$691,688 (in thousands)
\n(6)The balance of endorsements\/guarantees up to the date of occurrence: NT$691,688 (in thousands)
\n(7)The amount accessed by endorsed company: NT$0 (in thousands)
\n(8)New endorsement\/guarantee: NT$0 (in thousands)
\n(9)The reason for new endorsement\/guarantee:NA
\n————————————————————————
\n(1)Name of endorsed\/guaranteed company: Ocean Grace Limited
\n(2)Relationship with the Company:
\n Sincere Navigation Corporation (guarantor) is the ultimate parent company of Ocean Grace Limited.
\n(3)Reason for endorsements\/guarantees up to the date of occurrence: Finance.
\n(4)The ceiling on the endorsements\/guarantees: NT$16,599,549 (in thousands)
\n(5)The starting balance of endorsement\/guarantee: NT$615,195 (in thousands)
\n(6)The balance of endorsements\/guarantees up to the date of occurrence: NT$615,195 (in thousands)
\n(7)The amount accessed by endorsed company: NT$410,130 (in thousands)
\n(8)New endorsement\/guarantee: NT$0 (in thousands)
\n(9)The reason for new endorsement\/guarantee:NA
\n————————————————————————
\n(1)Name of endorsed\/guaranteed company: Bridge Poiema Limited
\n(2)Relationship with the Company:
\n Sincere Navigation Corporation (guarantor) is the ultimate parent company of Bridge Poiema Limited.
\n(3)Reason for endorsements\/guarantees up to the date of occurrence: Finance.
\n(4)The ceiling on the endorsements\/guarantees: NT$16,599,549 (in thousands)
\n(5)The starting balance of endorsement\/guarantee: NT$1,513,575 (in thousands)
\n(6)The balance of endorsements\/guarantees up to the date of occurrence: NT$1,513,575 (in thousands)
\n(7)The amount accessed by endorsed company: NT$1,135,181 (in thousands)
\n(8)New endorsement\/guarantee: NT$0 (in thousands)
\n(9)The reason for new endorsement\/guarantee:NA<\/p>\n
3.The total amount of the ceiling on endorsements\/guarantees (thousand NTD): NT$49,798,647.
\n4.The total amount of endorsements\/guarantees as of the date of occurrence (thousand NTD):NT$8,769,108.
\n5.As of the date of occurrence, the amount of endorsements\/guarantees as a percentage of the public company\u2019s
\n net worth on the latest financial statements:52.83%
\n6.Any other matters that need to be specified:
\n (1)The outstanding endorsement\/guarantee amount that Ocean Wise Limited, Poseidon Marine Ltd. and Maxson
\n Shipping Inc. jointly provid to Norley Corporation Inc. is USD 21.25 million.
\n (2)The Company shares the Group’s NT$1.5 billion loan facility with Norley Corporation Inc. and Heywood
\n Limited, and either Norley Corporation Inc. or Heywoos Limited will pledge USD time deposits as collateral
\n for any drawdowns by the Company. As of May 10, 2024, the Company drew down NT$820 million, which was
\n secured by time deposits of US$33.2 million provided by Heywood Limited, and the Group’s remaining unused
\n shared loan facility is NT$680 million.<\/p>\n","protected":false},"excerpt":{"rendered":"
1.Date of occurrence of the event:2024\/05\/10 2.The public company whose balance of endorsements\/guarantees reaches 50 percent or more of its net worth on the latest financial statements.Please specify name of endorsed\/guaranteed company, relationship, reason for endorsements\/guarantees up to the date of occurrence, ceiling on endorsement\/guarantee (thousand NTD), starting balance of endorsement\/guarantee (thousand NTD), balance of endorsements\/guarantees up to the date […]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/posts\/22785"}],"collection":[{"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/comments?post=22785"}],"version-history":[{"count":3,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/posts\/22785\/revisions"}],"predecessor-version":[{"id":22788,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/posts\/22785\/revisions\/22788"}],"wp:attachment":[{"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/media?parent=22785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/categories?post=22785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/tags?post=22785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}