New loans extended to subsidiaries exceeding 2% of
the Company's net worth on the latest financial
statements
Date of events
2022/08/08
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/08/08
2.Funding recipient (1)Name(2)Relationship with lender
(3)Lending limit (thousand NTD)(4)Starting outstanding
balance (thousand NTD)(5)New loan (thousand NTD)(6)Is
it part of a scheduled allocation or revolving limit
for the same recipient that the chairman is authorized
by the board of directors to allocate(7)Outstanding
balance (thousand NTD) up to the date of occurrence
(8)Reason for new loan (thousand NTD):
(1) Name :Ablerex Latam Corporation
(2) Relationship with lender:Indirect subsidiary of the Company
(3) Lending limit (thousand NTD):146,549
(4) Starting outstanding balance (thousand NTD):41,831
(5) New loan (thousand NTD):45,008
(6) Is it part of a scheduled allocation or revolving limit for the same
recipient that the chairman is authorized by the board of directors to
allocate: Yes
(7) Outstanding balance (thousand NTD) up to the date of occurrence:86,839
(8) Reason for new loan: Replenish working capital
3.For collaterals provided by the loan recipient, the
(1)Content(2)Value (thousand NTD):Nill
4.For the latest financial reports of the loan recipient, the
(1)Capital (thousand NTD)(2)Cumulative gains/losses
(thousand NTD):
(1) Capital (thousand NTD):15,003
(2) Cumulative gains/losses(thousand NTD):-8,151
5.Method of calculation of interest:
The interest will calculate at a fixed rate and the rate should be not
lower than the Company's financing cost.
6.For repayment, the(1)Condition(2)Date:
(1) Condition:The expiration of the revolving limit is 2023/8/7, and the
loan term is one year beginning from the day the Loan is issued.
(2) Date:The principal should be repaid in full on the due date
7.The amount of monetary loans extended to others as
of the date of occurrence (thousand NTD):253,912
8.The total amount of monetary loans extended to others
as a percentage of the public company's net worth on
the latest financial statements as of the date of
occurrence:17.33%
9.Sources of funds for the company to extend monetary
loans to others:Self funding.
10.Any other matters that need to be specified:None.
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Ablerex Electronics Co. Ltd. published this content on 08 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 August 2022 10:13:26 UTC.
Ablerex Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of power supplies and relevant products. The Company provides uninterruptible power supply (UPS) devices, active power filters (APFs), as well as photovoltaic (PV) inverters and others. The Company also involves in the provision of original innovative management (OIM)/original equipment manufacturer (OEM)/ original designed manufacturer (ODM) services, as well as the maintenance and technical services of its products. The Company distributes its products in Taiwan, Japan, Turkey, Italy, America, Germany, Singapore and others.
ABLEREX ELECTRONICS CO., LTD. 
