﻿{"id":23208,"date":"2025-05-12T15:49:53","date_gmt":"2025-05-12T07:49:53","guid":{"rendered":"https:\/\/www.snc.com.tw\/?p=23208"},"modified":"2025-05-13T11:24:27","modified_gmt":"2025-05-13T03:24:27","slug":"the-company-provides-guarantees-for-the-bank-credit-agreement-of-norley-corporation-inc-a-wholly-owned-subsidiary","status":"publish","type":"post","link":"https:\/\/www.snc.com.tw\/en\/the-company-provides-guarantees-for-the-bank-credit-agreement-of-norley-corporation-inc-a-wholly-owned-subsidiary\/","title":{"rendered":"The Company provides guarantees for the bank credit agreement of Norley Corporation Inc., a wholly-owned subsidiary."},"content":{"rendered":"<p>1.Date of occurrence of the event:2025\/05\/12<br \/>\n2.For the company for whom the endorsements\/guarantees were made, please specify name of<br \/>\n&emsp;endorsed\/guaranteed company, its relationship with the Company providing endorsements\/guarantees,<br \/>\n&emsp;the ceiling on the endorsements\/guarantees (thousand NTD), the original amount of<br \/>\n&emsp;endorsements\/guarantees (thousand NTD), the amount of the current additional endorsements\/guarantees<br \/>\n&emsp;(thousand NTD), the amount of endorsements\/guarantees as of the date of occurrence (thousand NTD),<br \/>\n&emsp;the actual loaned amount of the company for whom endorsements\/guarantees were made (thousand NTD),<br \/>\n&emsp;and the reason for the current additional endorsements\/guarantees:<br \/>\n&emsp;Norley Corporation Inc.<br \/>\n&emsp;The ceiling on the endorsements\/guarantees: NT$17,785,857.<br \/>\n&emsp;The original amount of endorsements\/guarantees: NT$735,770.<br \/>\n&emsp;The amount of the current additional endorsements\/guarantees:NT$10,684,660.<br \/>\n&emsp;The amount of endorsements\/guarantees as of the date of occurrence of the event:NT$11,420,430.<br \/>\n&emsp;The actual loaned amount of the company: NT$159,950.<br \/>\n&emsp;The reason for the current additional endorsements\/guarantees:Vessel acquisition and working capital.<br \/>\n3.For collaterals provided by the company for whom the endorsements\/guarantees were made, the content and<br \/>\n&emsp;the value (thousand NTD):<br \/>\n&emsp;Maxson Shipping Inc., Ocean Grace Limited, Carmel Splendor Limited, Poseidon Marine Ltd., Steady Way<br \/>\n&emsp;Limited, Sharon Glory Limited, Helmsman Navigation Co. Ltd., Pacifica Maritime Limited, Everwin<br \/>\n&emsp;Maritime Limited, and Kenmore Shipping Inc., 100% owned by Norley Corporation Inc., act as joint<br \/>\n&emsp;guarantors and provide the vessels MV Tai Shan, MV Tien Shan, MV Sarah,  MV Yue Shan,  MV Rebekah,<br \/>\n&emsp;MV Wah Shan, MV Oceana, MV Elbhoff, MV Maxim and MV Kondor as collateral, with a book value of<br \/>\n&emsp;NT$ 12,080,406 thousand.<br \/>\n4.For the latest financial statements of the company for whom the endorsements\/guarantees were made, the<br \/>\n&emsp;Capital (thousand NTD) and Cumulative gains\/losses (thousand NTD):<br \/>\n&emsp;The Capital: NT$32,230<br \/>\n&emsp;Cumulative gains: NT$13,076,590.<br \/>\n5.For termination of endorsement\/guarantee obligations, the condition and the date:The obligation of<br \/>\n&emsp;endorsement guarantee can only be released when the loan is repaid or the date of contract termination.<br \/>\n6.The total amount of the ceiling on endorsements\/guarantees (thousand NTD):NT$53,357,571.<br \/>\n7.The total amount of endorsements\/guarantees as of the date of occurrence (thousand NTD):NT$18,425,041.<br \/>\n8.The amount of endorsements\/guarantees as a percentage of the public company\u2019s net worth on the latest<br \/>\n&emsp;financial report as of the date of occurrence:103.59%<br \/>\n9.The aggregate amount of equity method investments, endorsements\/guarantees, and monetary loans<br \/>\n&emsp;extended to others as a percentage of the public company\u2019s net worth on the latest financial<br \/>\n&emsp;statements:157.52%<br \/>\n10.Any other matters that need to be specified:In addition to acting as a joint guarantor, the Company also<br \/>\n&emsp;provides the vessel MV Palona as collateral, with a book value of  NT$543,672 thousand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1.Date of occurrence of the event:2025\/05\/12 2.For the company for whom the endorsements\/guarantees were made, please specify name of &emsp;endorsed\/guaranteed company, its relationship with the Company providing endorsements\/guarantees, &emsp;the ceiling on the endorsements\/guarantees (thousand NTD), the original amount of &emsp;endorsements\/guarantees (thousand NTD), the amount of the current additional endorsements\/guarantees &emsp;(thousand NTD), the amount of endorsements\/guarantees as of the date of [&hellip;]<\/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\/23208"}],"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=23208"}],"version-history":[{"count":4,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/posts\/23208\/revisions"}],"predecessor-version":[{"id":23212,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/posts\/23208\/revisions\/23212"}],"wp:attachment":[{"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/media?parent=23208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/categories?post=23208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/tags?post=23208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}