Eastern Media International : Total new endorsements/guarantees by subsidiaries reaches NT$30 million and 5% or more of the public company's net worth on the latest financial statement.
Provided by: EASTERN MEDIA INTERNATIONAL CORPORATION
SEQ_NO
7
Date of announcement
2022/03/23
Time of announcement
18:27:55
Subject
Total new endorsements/guarantees by subsidiaries
reaches NT$30 million and 5% or more of the public
company's net worth on the latest financial statement.
Date of events
2022/03/23
To which item it meets
paragraph 22
Statement
1.Date of occurrence of the event:2022/03/23
2.For the company for whom the endorsements/guarantees were made, please
specify name of endorsed/guaranteed company, its relationship with
the Company providing endorsements/guarantees, the ceiling on the
endorsements/guarantees (thousand NTD), the original amount of
endorsements/guarantees (thousand NTD), the amount of the current additional
endorsements/guarantees (thousand NTD), the amount of
endorsements/guarantees as of the date of occurrence (thousand NTD), the
actual loaned amount of the company for whom endorsements/guarantees were
made (thousand NTD), and the reason for the current additional
endorsements/guarantees:
(1)Name of the spun-off company:Eastern Media International Corporation
(2)Its relationship with the Company providing endorsements/guarantees:
the public company.
(the Company providing endorsements/guarantees
(Far Eastern Silo & Shipping (Panama) S.A.)
is 100% wholly owned Subsidiary of the public company.)
(3)The ceiling on the endorsements/guarantees (thousand NTD):
NT$ 6,284,111 thousand
(4)The original amount of endorsements/guarantees(thousand NTD):
NT$ 0 thousand
(5)The amount of the current additional endorsements/guarantees
(thousand NTD): NT$ 1,000,000 thousand
(6)The amount of endorsements/guarantees as of the date of occurrence
(thousand NTD): NT$ 1,000,000 thousand
(7)The actual loaned amount of the company for whom endorsements/guarantees
were made (thousand NTD): NT$ 0 thousand
(8)The reason for the current additional endorsements/guarantees:
The public company,Eastern Media International Corporation,
to meet business demands,intends to apply to financial institutions
for loans with endorsements/guarantees to be provided by it's Subsidiary
(Far Eastern Silo & Shipping (Panama) S.A.).
3.For collaterals provided by the company for whom the
endorsements/guarantees were made, the content and the value (thousand NTD):
(1)Content:None.
(2)Value(thousand NTD):NT$ 0 thousand
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): NT$ 5,289,504 thousand
(2)Cumulative gains/losses (thousand NTD): NT$ 588,726 thousand
5.For termination of endorsement/guarantee obligations, the condition and
the date:
(1)Condition: Repayment of loans
(2)Date: Maturity date for contracts with the banks
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
NT$ 30,809,180 thousand
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):NT$ 10,442,455 thousand
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:169.47%
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:16.96%
10.Any other matters that need to be specified:None.
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Disclaimer
EMI - Eastern Media International Corporation published this content on 23 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2022 10:36:02 UTC.
Eastern Media International Corp is a Taiwan-based company principally engaged in the business of cargo handling, loading and unloading of ships in commercial port areas, transfer of pallet facilities, retailing of pet food and supplies, pet grooming services, audio-visual advertising services and production of related programs. The Company's segments include the Warehousing, the Trading, the Media and the Leisure and Tourism. The Warehousing segment is engaged in the business of cargo handling and transfer of pallet facilities in commercial ports. The Trading segment is mainly engaged in the business of commodity trading. The Media segment is mainly engaged in the business of advertising. The Leisure and Tourism segment is mainly engaged in the business of resort hotel catering.
Eastern Media International : Total new endorsements/guarantees by subsidiaries reaches NT$30 million and 5% or more of the public company's net worth on the latest financial statement.
EASTERN MEDIA INTERNATIONAL CORPORATION 
