Formosa Oilseed Processing : The company shall announce based on the public company's fund loan and endorsement guarantee processing guidelines from Article 25 P1 S1
The company shall announce based on the public
company's fund loan and endorsement guarantee processing
guidelines from Article 25 P1 S1
Date of events
2022/08/10
To which item it meets
paragraph 22
Statement
1.Date of occurrence of the event:2022/08/10
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 of occurrence, amount accessed by endorsed company
(thousand NTD), new endorsement/guarantee (thousand NTD) and the reason for
new endorsement/guarantee:
(1)The company name of the party for whom the endorsements/guarantees
were made: Top Food Industry Corporation
(2)Its relationship with the Company: Directly holds 63.16% of the shares of
the subsidiary.
(3)Reason for endorsements/guarantees up to the date of occurrence:
Provide endorsement guarantee for its bank financing.
(4)The ceiling on the endorsements/guarantees (thousand NTD): NT$3,446,314
(5)Starting balance of endorsement/guarantee (thousand NTD): NT$3,255,600
(6)Balance of endorsements/guarantees up to the date of occurrence
(thousand NTD): NT$3,280,000
(7)Amount accessed by endorsed company (thousand NTD): NT$2,046,002
(8)New endorsement/guarantee (thousand NTD): NT$24,400
(9)the reason for new endorsement/guarantee:
Provide endorsement guarantee for its bank financing.
3.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
NT$4,135,577
4.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):NT$3,280,000
5.As of the date of occurrence, the amount of endorsements/guarantees as a
percentage of the public company's net worth on the latest financial
statements:95.17%
6.Any other matters that need to be specified:None.
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Formosa Oilseed Processing Co. Ltd. published this content on 10 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2022 08:46:06 UTC.
FORMOSA OILSEED PROCESSING CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of oil products and feedstuff. The Companyâs products include oil products, feedstuff products, raw material products including cereals and corns, as well as flour products. Its oil products include soybean oil, sunflower oil and palm oil, among others. Its feedstuff products include soybean powder, wheat powder, wheat bran, barley and mixed feedstuff, among others. The Company operates through four segments. Oil segment manufactures, processes and sells soybean oil and soybean powder. Feedstuff segment manufactures, processes and sells feedstuff. Flour segment manufactures, processes and sells flour products. Others segment is engaged in other businesses.
Formosa Oilseed Processing : The company shall announce based on the public company's fund loan and endorsement guarantee processing guidelines from Article 25 P1 S1
FORMOSA OILSEED PROCESSING CO., LTD. 
