Today's Information |
Provided by: Redwood Group Ltd | |||||
SEQ_NO | 3 | Date of announcement | 2022/03/17 | Time of announcement | 15:37:55 |
Subject | New loan extended to subsidiaries exceeding 2% of the major subsidiary's net worth on the latest financial statements | ||||
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 (1)Name(2)Relationship with lender (3)Lending limit (thousand NTD)(4)Starting outstanding balance (thousand NTD)(5)New loan (thousand NTD)(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(7)Outstanding balance (thousand NTD) up to the date of occurrence (8)Reason for new loan (thousand NTD): (1)Name: REDWOOD FURNITURE @SDN. BHD. / REDWOOD (HK)LTD / REDWOOD (SHANGHAI) PTE LTD / REDWOOD PROJECTS SDN. BHD. / REDWOOD GROUP LTD / REDWOOD PROJECTS KOREA CO., LTD./ REDWOOD PROJECTS JAPAN K.K / REDWOOD PROJECTS FRANCE S.A.S / REDWOOD PROJECTS US Inc. / REDWOOD PROJECTS (VIETNAM) COMPANY LIMITED / REDWOOD PROJECTS PHILIPPINES Inc (2)Relationship with lender: 100% wholly owned subsidiary of the Company (3)Ledning limit (thousand NTD): 701,553 (4)Starting outstanding balance (thousand NTD): 0 (5)New loan (thousand NTD): 30,000 / 12,000 / 12,000 / 12,000 / 12,000 /12,000 / 12,000 /12,000 / 12,000 / 12,000 / 12,000 (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: 30,000 / 12,000 / 12,000 / 12,000 / 12,000 /12,000 / 12,000 /12,000 / 12,000 / 12,000 / 12,000 (8)Reason for new loan (thousand NTD): The BOD authorized the ledning limit to the the chairman. 3.For collaterals provided by the loan recipient, the (1)Content(2)Value (thousand NTD): (1)Content: None (2)Value (thousand NTD): 0 4.For the latest financial reports of the loan recipient, the (1)Capital (thousand NTD)(2)Cumulative gains/losses (thousand NTD): (1)Capital (thousand NTD):509,476 (2)Cumulative gains/losses (thousand NTD):115,469 5.Method of calculation of interest: None 6.For repayment, the(1)Condition(2)Date: (1)Condition: 1year (2)Date: By 2023/03/16 7.The amount of monetary loans extended to others as of the date of occurrence (thousand NTD):150,000 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:20.95% 9.Sources of funds for the company to extend monetary loans to others: self funding 10.Any other matters that need to be specified: None |
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Redwood Group 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 07:50:03 UTC.