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Announcement on behalf of wholly-owned subsidiary,EMC(Zhongshan) about making loan to other -jin2255金沙-9905com金沙网站

2018/07/31
Subject Announcement on behalf of wholly-owned
subsidiary,Elite Electronic Material (Zhongshan) Co., Ltd.
about making loan to other.
Statement 1.Date of occurrence of the event:2018/07/31
2.Name of the company who receive the monetary loans, its
relationship to the Company who extend the loans, ceiling
amount on the monetary loans extended, amount of loans
originally extended, amount of the current additional loans,
whether or not the board of directors authorize the chairperson
to give loans for the borrowing counterparty; total extended
amount of loans and the reason for loans as of the date of
occurrence of the event:
a.Name of the company who receives loan:
Elite Electronic Material (Huangshi) Co., Ltd.
b.The relationship to the Company who extend the loans:Both companies are 100%-owned subsidiaries of Elite Material Co., Ltd.
c.Ceiling amount on the monetary loans extended:NT$1,106,026 Thousand
d.Amount of loans originally extended: NT$0
e.Amount of the current additional loans: NT$399,591 Thousand
f.Whether or not the board of directors authorize the chairperson
to give loans for the borrowing counterparty: Yes
g.Total extended amount of loans: NT$399,591 Thousand
h.The reason for loans as of the date of occurrence of the event:
For the needs of working capital
3.Content and value of collaterals provided by the loan recipient, if any:None
4.Capital and Accumulated profit/loss of the loan recipient
according to its latest financial report:NT$304,600 Thousand
5.Method of calculation of interest:4.35% (on par with the lending rate of one-yearloan extended by People’s Bank of China) per year, calculated on monthly basis.
6.Terms/conditions and date for repayment:Not applicable
7.The Company’s total amount of monetary loans extended
as of the date of occurrence of the event:NT$399,591 Thousand
8.The ratio of the total amount of monetary loans extended
to the Company’s net worth on its most recent financial
statements as of the date of occurrence of the event:3.61%
9.Sources of funds to extend monetary loans to others:Cash flows generated internally by the lender
10.Any other matters that need to be specified:None