The amount of new loans funded by the Company
reaches NT$10 million and is higher than 2% of the net
worth stated in the latest financial report.
Date of events
2022/08/17
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/08/17
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)Funding recipient name:Wilson Leather(Cambodia) Co., Ltd.
(2)Relationship with lender:100% wholly owned Third-tier subsidiary
of the Company.
(3)Lending limit (thousand NTD):181,571
(4)Starting outstanding balance (thousand NTD):0
(5)New loan (thousand NTD):119,940
(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:119,940
(8)Reason for new loan :short-term working capital needs of loan recipient
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)The capital(thousand NTD):64,059
(2)The cumulative gains/losses(thousand NTD):-4,022
5.Method of calculation of interest:No interest.
6.For repayment, the condition and the date:
(1)The condition:Pay off on maturity.
(2)The date:Repayment schedule depends on the availability of funds,
and the principle is no more than one year.
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):119,940
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:6.61
9.Sources of funds for the company to extend monetary loans to others:
Financial institutions and parent company.
10.Any other matters that need to be specified:None
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WW Holding Inc. published this content on 17 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2022 12:33:08 UTC.
WW Holding Inc. is a Cayman Islands-based company. The Company and its subsidiaries is primarily engaged in the manufacture and sale of sporting goods, including sports equipment and apparel, as well as leather accessories, including handbags, wallets, belts, and luggage. The Company’s products are categorized into Golf Bags, Luggage, Sports Bags, Luxury Bags, and Sports/Medical Protection Gears. Its Sports/Medical Protection Gears products include sports glove, soft helmet, sports glove, greave, functional sports socks, and calf pressure sleeves. Luxury bags include totes, wallets, and casual bags. The luggage is categorized as carry-on cases and travel bags. Its regional markets include the United States, Mainland China, Belgium, Germany, France, and other countries. Its subsidiaries include Wellpower Commerce Holding Co., Limited, Wilson Group Holdings Limited, Virtue King International Limited, Wellpower Trading Co., Ltd., TWT Manufacturing Co., Ltd., and others.
