﻿{"id":23763,"date":"2026-03-12T17:30:28","date_gmt":"2026-03-12T09:30:28","guid":{"rendered":"https:\/\/www.snc.com.tw\/?p=23763"},"modified":"2026-03-16T14:40:10","modified_gmt":"2026-03-16T06:40:10","slug":"announcement-pursuant-to-article-25-1-1-of-the-regulations-governing-loaning-of-funds-and-making-of-guarantees-by-public-companies-its-subsidiaries-7","status":"publish","type":"post","link":"https:\/\/www.snc.com.tw\/en\/announcement-pursuant-to-article-25-1-1-of-the-regulations-governing-loaning-of-funds-and-making-of-guarantees-by-public-companies-its-subsidiaries-7\/","title":{"rendered":"Announcement pursuant to Article 25.1.(1) of the Regulations Governing Loaning of Funds and Making of Guarantees by Public Companies &#038; its subsidiaries."},"content":{"rendered":"<p>1.Date of occurrence of the event:2026\/03\/12<br \/>\n2.The public company whose balance of endorsements\/guarantees reaches 50<br \/>\npercent or more of its net worth on the latest financial statements.Please<br \/>\nspecify name of endorsed\/guaranteed company, relationship, reason for<br \/>\nendorsements\/guarantees up to the date of occurrence, ceiling on<br \/>\nendorsement\/guarantee (thousand NTD), starting balance of<br \/>\nendorsement\/guarantee (thousand NTD), balance of endorsements\/guarantees up<br \/>\nto the date of occurrence, amount accessed by endorsed company<br \/>\n(thousand NTD), new endorsement\/guarantee (thousand NTD) and the reason for<br \/>\nnew endorsement\/guarantee:<br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n(1)Name of endorsed\/guaranteed company:Sincere Navigation Corporation<br \/>\n(2)Relationship with the Company:<br \/>\n Heywood Limited (guarantor) is a 100% owned subsidiary<br \/>\n  by Sincere Navigation Corporation.<br \/>\n(3)Reason for endorsements\/guarantees up to the date of occurrence:<br \/>\n Finance.<br \/>\n(4)The ceiling on the endorsements\/guarantees:<br \/>\n NT$6,174,208 (in thousands)<br \/>\n(5)The starting balance of endorsement\/guarantee:<br \/>\n NT$4,700,000 (in thousands)<br \/>\n(6)The balance of endorsements\/guarantees up to the date of occurrence:<br \/>\n NT$5,300,000 (in thousands)<br \/>\n(7)The amount accessed by endorsed company:<br \/>\n NT$2,905,000 (in thousands)<br \/>\n(8)New endorsement\/guarantee:<br \/>\n NT$600,000 (in thousands)<br \/>\n(9)The reason for new endorsement\/guarantee:<br \/>\n Renewal of the bank credit agreement<br \/>\n and an increase in the loan facility amount upon expiration.<br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n(1)Name of endorsed\/guaranteed company:Sincere Navigation Corporation<br \/>\n(2)Relationship with the Company:<br \/>\n Norley Corporation Inc.(guarantor) is a 100% owned subsidiary<br \/>\n by Sincere Navigation Corporation.<br \/>\n(3)Reason for endorsements\/guarantees up to the date of occurrence:<br \/>\n Finance.<br \/>\n(4)The ceiling on the endorsements\/guarantees:<br \/>\n NT$12,762,040 (in thousands)<br \/>\n(5)The starting balance of endorsement\/guarantee:<br \/>\n NT$300,000 (in thousands)<br \/>\n(6)The balance of endorsements\/guarantees up to the date of occurrence:<br \/>\n NT$300,000 (in thousands)<br \/>\n(7)The amount accessed by endorsed company:<br \/>\n NT$280,000 (in thousands)<br \/>\n(8)New endorsement\/guarantee:<br \/>\n NT$- (in thousands)<br \/>\n(9)The reason for new endorsement\/guarantee: N\/A<br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n(1)Name of endorsed\/guaranteed company:Norley Corporation Inc.<br \/>\n(2)Relationship with the Company:<br \/>\n Sincere Navigation Corporation(guarantor) is the parent company<br \/>\n  of Norley Corporation Inc.<br \/>\n(3)Reason for endorsements\/guarantees up to the date of occurrence:<br \/>\n Finance.<br \/>\n(4)The ceiling on the endorsements\/guarantees:<br \/>\n NT$17,466,065 (in thousands)<br \/>\n(5)The starting balance of endorsement\/guarantee:<br \/>\n NT$8,151,030 (in thousands)<br \/>\n(6)The balance of endorsements\/guarantees up to the date of occurrence:<br \/>\n NT$9,525,150 (in thousands)<br \/>\n(7)The amount accessed by endorsed company:<br \/>\n NT$- (in thousands)<br \/>\n(8)New endorsement\/guarantee:<br \/>\n NT$1,374,120 (in thousands)<br \/>\n(9)The reason for new endorsement\/guarantee:<br \/>\n Renewal of the bank credit agreement upon expiration.<br \/>\n3.The total amount of the ceiling on endorsements\/guarantees (thousand NTD):<br \/>\n NT$52,398,195.<br \/>\n4.The total amount of endorsements\/guarantees as of the date of occurrence<br \/>\n(thousand NTD):NT$15,125,150.<br \/>\n5.As of the date of occurrence, the amount of endorsements\/guarantees as a<br \/>\npercentage of the public company\u2019s net worth on the latest financial<br \/>\nstatements:86.60%<br \/>\n6.Any other matters that need to be specified: None.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1.Date of occurrence of the event:2026\/03\/12 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 [&hellip;]<\/p>\n","protected":false},"author":13,"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\/23763"}],"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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/comments?post=23763"}],"version-history":[{"count":1,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/posts\/23763\/revisions"}],"predecessor-version":[{"id":23764,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/posts\/23763\/revisions\/23764"}],"wp:attachment":[{"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/media?parent=23763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/categories?post=23763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.snc.com.tw\/en\/wp-json\/wp\/v2\/tags?post=23763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}