Corrections:Announcement under Article 25 of the Regulations Governing Loaning of Funds and Endorsements /Guarantees by Public Companies for its subsidiaries.
Corrections:Announcement under Article 25 of the
Regulations Governing Loaning of Funds and Endorsements
/Guarantees by Public Companies for its subsidiaries.
Date of events
2021/08/13
To which item it meets
paragraph 22
Statement
1.Date of occurrence of the event:2021/08/13
2.For the company for whom the endorsements
/guarantees were made(1)Company name(2)Its
relationship with the Company providing endorsements/
guarantees(3)The ceiling on the endorsements/
guarantees (thousand NTD)(4)The original amount of
endorsements/guarantees (thousand NTD)(5)he amount
of the current additional endorsements/guarantees
(thousand NTD)(6)The amount of endorsements/guarantees
as of the dateof occurrence (thousand NTD)(7)The actual
loaned amount of the company for whom endorsements/
guarantees were made (thousand NTD)(8)The reason for
the current additional endorsements/guarantees:
(1)Company name:Fujian Tai Ming Technology Co.,Ltd.(referred to as FTMT)
(2)Its relationship with the Company providing endorsements/
guarantees: FTMT is a 55% subsidiary directly and indirectly owned by the
Company
(3)The ceiling on the endorsements/guarantees (thousand NTD):3,241,707
(4)The original amount of endorsements/guarantees (thousand NTD):1,550,304
(5)The amount of the current additional endorsements/guarantees
(thousand NTD):409,632
(6)The amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):1,959,936
(7)The actual loaned amount of the company for whom endorsements/
guarantees were made (thousand NTD):1,324,481
(8)The reason for the current additional endorsements/guarantees:
FTMT applied to Shiquan and Xiamen Branch of the First Bank for loans with
endorsements/guarantees to be provided by the company.(Extension of the
original loan contract at maturity)
3.For collaterals provided by the company for
whom the endorsements/guarantees were made, the
(1)Content(2)Value (thousand NTD):
(1)Content:None
(2)Value (thousand NTD):0
4.For the latest financial statements of the company
for whom the endorsements/guarantees were made, the
(1)Capital (thousand NTD)(2)Cumulative gains/losses
(thousand NTD):
(1)Capital (thousand NTD):1,493,450
(2)Cumulative gains/losses (thousand NTD):-507,018
5.For termination of endorsement/guarantee obligations, the
(1)Condition(2)Date:
(1)Condition:Depends on the contract conditions
(2)Date:Depends on the contract conditions
6.The total amount of the ceiling on endorsements/
guarantees (thousand NTD):4,399,460
7.The total amount of endorsements/guarantees as of
the date of occurrence (thousand NTD):1,959,936
8.The amount of endorsements/guarantees provided by
A as a percentage of the public company's net worth
on the latest financial report as of the date of
occurrence: 42.32%
9.The aggregate amount of long-term investments,
endorsements/guarantees, and monetary loans extended
to others as a percentage of the public company's net
worth on the latest financial statements:104.99%
10.Any other matters that need to be specified:Some companies are of BOT
nature, and the company makes endorsements and guarantees for them. The
total amount is calculated by not exceeding 5 times the paid in capital
of the company.
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Kuo Toong International Co. Ltd. published this content on 18 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 July 2022 10:33:03 UTC.
KUO TOONG INTERNATIONAL CO., LTD. is a Taiwan-based company principally engaged in the engineering contracting business. The Company provides engineering contracting services for water transmission pipelines, waste treatment pipelines and others, as well as the manufacture and sale of prestressed concrete cylinder pipes (PCCPs), reinforced concrete pipes (RCPs), prestressed concrete non-cylinder pipes (PSCPs), jacking pipes (JCPs), ductile iron pipes (DIPs), welded steel pipes (WSPs), stainless steel pipes and steel pipe joints, among others. It also involves in sea water desalination business. The Company principally operates its business in domestic market.
Corrections: Announcement under Article 25 of the Regulations Governing Loaning of Funds and Endorsements /Guarantees by Public Companies for its subsidiaries.
KUO TOONG INTERNATIONAL CO., LTD. 
