To Report Monetary Loans on Behalf of Subsidiary
GIANTPLUS HOLDING L.L.C.
Date of events
2022/03/17
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/03/17
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):
Name of the company that receives the monetary loans:
Giantplus Technology Co., Ltd.
The relationship to the Company that extends the loans:
It is a parenty company, directly wholly owned GIANTPLUS HOLDING L.L.C.
Ceiling amount on the monetary loans extended: NT$1,077,376 thousand
Amount of loans originally extended: NT$588,525 thousand
Amount of the current additional loan: NT$252,225 thousand for
working capital needs
Whether or not the board of directors authorize the chairperson to give
loans for the borrowing counterparty: None
Total extended amount of loans and the reason for loans as of the date
of occurrence of the event: NT$840,750 thousand
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):NA
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
Capital of the loan recipient: NT$4,415,449 thousand
Accumulated profit of the loan recipient: NT$94,851 thousand
5.Method of calculation of interest:
Fixed rate, SOFR one-year basic interest rate on the business day before
the actual drawdown date and plus 0.4%.
6.For repayment, the condition and the date:
Terms/conditions: Repaid in one time or in installments before maturity
Date for repayment: Within two years of the actual drawdown date
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):NT$3,489,113 thousand
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:48.81%
9.Sources of funds for the company to extend monetary loans to others:
Subsidiary
10.Any other matters that need to be specified:
The exchange rate is NT$28.025.
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Giantplus Technology Co. Ltd. published this content on 17 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 March 2022 10:00:03 UTC.
Giantplus Technology Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and distribution of liquid crystal display (LCD), touch panels, modules and others. The Company's major products include medium-sized and small-sized mono super twisted nematic (STN) LCDs and liquid crystal modules (LCMs), as well as medium-sized and small-sized thin film transistor (TFT) LCDs and LCMs. In addition, the Company provides touch screens. The Company's LCD products are mainly applied to mobile phones, wireless telephones, personal digital assistants (PDAs), digital cameras, digital photo frames, game machines and others. The Company distributes its products mainly in the domestic market and to the overseas markets, including Asia, the Americas, Europe and other areas.