Nankang Rubber Tire : Announcement that the company has been endorsed by the board of directors and guaranteed to Nankang International Co.Ltd Amount (renewed upon expiration).
Announcement that the company has been endorsed by
the board of directors and guaranteed to Nankang
International Co.Ltd Amount (renewed upon expiration).
Date of events
2022/03/01
To which item it meets
paragraph 22
Statement
1.Date of occurrence of the event:2022/03/01
2.For the company for whom the endorsements/guarantees were made, please
specify name of endorsed/guaranteed company, its relationship with
the Company providing endorsements/guarantees, the ceiling on the
endorsements/guarantees (thousand NTD), the original amount of
endorsements/guarantees (thousand NTD), the amount of the current additional
endorsements/guarantees (thousand NTD), the amount of
endorsements/guarantees as of the date of occurrence (thousand NTD), the
actual loaned amount of the company for whom endorsements/guarantees were
made (thousand NTD), and the reason for the current additional
endorsements/guarantees:
(1) Name of endorsed/guaranteed company:
Nankang International Co.Ltd.
(2) Its relationship with the Company providing endorsements/guarantees:
100%-owned subsidiary of Nankang Rubber Tire Corp. Ltd.
(3) The ceiling amount (thousand NTD):5,848,218
(4) The original amount (thousand NTD):0
(5) The current additional amount (thousand NTD):647,712
(6) The amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):647,712
(7) The actual loaned amount (thousand NTD):608,680
(8) The reason:To provide endorsements/guarantees for subsidiary's business
demands.
3.For collaterals provided by the company for whom the
endorsements/guarantees were made, the content and the value (thousand NTD):
None,0
4.For the latest financial statements of the company for whom the
endorsements/guarantees were made, the Capital (thousand NTD) and Cumulative
gains/losses (thousand NTD):
(1) Capital (thousand NTD):1,959,190
(2) Cumulative gains (thousand NTD):1,254,001
5.For termination of endorsement/guarantee obligations, the condition and
the date:
Upon the satisfaction of the indebtedness of the endorsed/guaranteed
company under endorsements/guarantees
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
11,696,436
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):8,147,712
8.The amount of endorsements/guarantees as a percentage of the
public company's net worth on the latest financial report as of the date of
occurrence:69.66
9.The aggregate amount of equity method investments,
endorsements/guarantees, and monetary loans extended to others as a
percentage of the public company's net worth on the latest financial
statements:115.02
10.Any other matters that need to be specified:
The new quota approved by the board of directors 647,712(thousand NTD),
which is a renewal upon maturity and will take effect from March 1, 2022.
The original quota of 610,896,000 is deemed to have expired.
Therefore, the 2.(4) The original amount is "0".
Attachments
Original Link
Original Document
Permalink
Disclaimer
Nankang Rubber Tire Corp. Ltd. published this content on 01 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2022 09:27:08 UTC.
Nankang Rubber Tire Corp., Ltd. is a Taiwan-based company principally engaged in the manufacture and trading of tires. The products of the Company include automotive tires, motorcycle tires and truck tires. Its automotive tires include snowfield-use vehicle tires, sedan tires, half hot melting tires and recreational vehicle (RV) tires, among others. Its motorcycle tires include heavy motorcycle tires and general motorcycle tires. The Company operates businesses in Taiwan market, America market, Europe market and Asia market, among others.
Nankang Rubber Tire : Announcement that the company has been endorsed by the board of directors and guaranteed to Nankang International Co.Ltd Amount (renewed upon expiration).