Phihong Technology : To report for subsidiary Phihong(Dongguan)Electronics Co.,Ltd.regarding new loan reaches NT$10 million and 2% of the Company's net worth in the latest F/S.
To report for subsidiary Phihong(Dongguan)Electronics
Co.,Ltd.regarding new loan reaches NT$10 million
and 2% of the Company's net worth in the latest F/S.
Date of events
2022/08/03
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/08/03
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:Dong Guan Phitek Electronics Co., Ltd.
(2)relationship with lender:Inter-company loan of funds between foreign
companieswhich the Company holds, directly or indirectly, 100% of the
voting shares
(3)lending limit (thousand NTD):2,354,146
(4)starting outstanding balance (thousand NTD):0
(5)new loan (thousand NTD):221,997
(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:
221,997
(8)reason for new loan:Intercompany fund transfer
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):
collaterals:N/A
value:N/A
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
the capital(thousand NTD):604,135
the cumulative gains/losses(thousand NTD):-868,005
5.Method of calculation of interest:the annual interest rate is 4.35%.
6.For repayment, the condition and the date:
(1)Condition: One-time repayment of principal and interest at maturity,
or early repayment and revolving within one year.
(2)Date:One year
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):1,642,775
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:27.24%
9.Sources of funds for the company to extend monetary loans to others:
Subsidiary 's self-owned capital
10.Any other matters that need to be specified:None.
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Phihong Technology Co. Ltd. published this content on 03 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2022 09:45:02 UTC.
PHIHONG TECHNOLOGY CO., LTD is a Taiwan-based company principally engaged in the research, development, manufacturing and distribution of power supplies. The Companyâs primary products include wall mount adapters, battery chargers, car chargers, direct current (DC) modules, liquid crystal display (LCD) panel adapters, open frame power products, LCD panel inverters and electronic ballasts. Its products are mainly used in mobile phones, personal digital assistants (PDAs), digital cameras and game console fields. The Company mainly distributes its products in Asian, European and American markets.
Phihong Technology : To report for subsidiary Phihong(Dongguan)Electronics Co.,Ltd.regarding new loan reaches NT$10 million and 2% of the Company's net worth in the latest F/S.