Darwin Precisions : Announcement for the capital lending reaching Article 22-1-3 of the regulations on behalf of Suzhou Forplax Optronics Co., Ltd., a subsidiary of DARWIN
Announcement for the capital lending reaching Article
22-1-3 of the regulations on behalf of Suzhou Forplax
Optronics Co., Ltd., a subsidiary of DARWIN
Date of events
2022/07/25
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/07/25
2.Funding recipient name, relationship with lender, lending limit
(thousand NTD), starting outstanding balance (thousand NTD), new loan
(thousand NTD), 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, outstanding balance (thousand NTD) up to the date of
occurrence, reason for new loan (thousand NTD):
(1)funding recipient name: FORTECH ELECTRONICS (SUZHOU) CO., LTD.
(2)relationship with lender: they are both 100% indirectly owned by DARWIN
(3)lending limit(thousand NTD):720,590
(4)starting outstanding balance (thousand NTD):222,075
(5)new loan (thousand NTD):222,075
(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:no
(7)outstanding balance (thousand NTD) up to the date of occurrence:444,150
(8)reason for new loan: the use of funds by whole group
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):No
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
(1)the capital(thousand NTD):1,040,410
(2)the cumulative gains(thousand NTD):-162,711
5.Method of calculation of interest:
Based on the 1~5 years Loan Prime Rate (LPR) issued by National Interbank
Funding Center in China
6.For repayment, the condition and the date:
(1)repayment conditon: interest paid quarterly and repay principle and
interest at maturity
(2)repayment date: the maturity date for loans being drawn down in
installments is three years from the date of first draw down.
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):675,108
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:7.41%
9.Sources of funds for the company to extend monetary loans to others:
Subsidiary's own funds
10.Any other matters that need to be specified:None
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Darwin Precisions Corporation published this content on 25 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 July 2022 09:13:02 UTC.
DARWIN PRECISIONS CORPORATION is a Taiwan-based company principally engaged in the research and development, manufacture and distribution of electronic components. The Companyâs primary products include precision components, backlight modules (BLUs) and panel modules. The Company's products are mainly used in the manufacturing of liquid crystal display (LCD) panels and scanners, among others. The Company is also engaged in the provision of original equipment manufacturer (OEM) services for LCD televisions and modules. The Company mainly distributes its products in domestic market and overseas markets, including the rest of Asia, the Americas and others.
Darwin Precisions : Announcement for the capital lending reaching Article 22-1-3 of the regulations on behalf of Suzhou Forplax Optronics Co., Ltd., a subsidiary of DARWIN