Announcement on behalf of major subsidiary
Shinkong Asset Management Co., Ltd.,according to
article 22 of the regulations
Date of events
2022/08/10
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/08/10
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)Name of funding recipient:Shinkong Textile Co.,Ltd.
(2)Relationship with lender:The parent company
(3)Lending limit (thousand NTD): NT$1,241,424 thousand.
(4)Starting outstanding balance (thousand NTD):NT$0.
(5)New loan (thousand NTD):NT$300,000 thousand.
(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:NT$300,000 thousand.
(8)Reason for new loan:Operating Turnover Needs
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):None
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
(1)Capital (thousand NTD):NT$3,000,413 thousand.
(2)Cumulative gains/losses(thousand NTD):
NT$2,184,810 thousand.
5.Method of calculation of interest:
The interest rate shall not be less than the average
short-term borrowing rate of the Company or the parent
company,variable interest rate and interest calculated
monthly.
6.For repayment, the condition and the date:
Repayment within one year from the date of loan allocation
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):NT$460,000 thousand.
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:3.93%
9.Sources of funds for the company to extend monetary loans to others:
Self-owned funds.
10.Any other matters that need to be specified:None.
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Shinkong Textile Co. Ltd. published this content on 10 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2022 09:56:08 UTC.
SHINKONG TEXTILE CO., LTD is a Taiwan-based company principally engaged in the manufacture and sales of textile products. The Companyâs products include garments, high performance outdoor fabrics, high performance sports fabrics, fashion fabrics and multifunctional blended fabrics. The Company operates through three segments. The Marketing segment is engaged in the sales of finished fabrics and exporting businesses. The Retailing segment is engaged in the agency of PGA TOUR brand and ADIDAS GOLF brand, the proprietary operation of ARTIFACTS brand and ART HAUS brand, as well as the design and manufacture of group uniforms. The Construction segment is engaged in the land development businesses and the leasing and sales of properties. The Company operates businesses in Taiwan, Vietnam and China, among others.
SHINKONG TEXTILE CO.,LTD 
