Forest Water Environmental Engineering : Announcement of article 22-1-3 of Regulations Governing Loaning of Funds and Making of Endorsements/ Guarantees on behalf of Ho Ching Enterprises Co.,Ltd.

 Announcement of article 22-1-3 of Regulations
Governing Loaning of Funds and Making of Endorsements/
Guarantees on behalf of Ho Ching Enterprises Co.,Ltd.

1.Date of occurrence of the event:2022/07/15
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:FOREST WATER ENVIRONMENTAL ENG'G CO., LTD.
(2)Relationship with lender:parent company
(3)Lending limit (thousand NTD):778,250
(4)Starting outstanding balance (thousand NTD):0
(5)New loan (thousand NTD):300,000
(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:300,000
(8)Reason for new loan (thousand NTD):short-term working capital
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):1,442,492
(2)Cumulative gains (thousand NTD):608,677
5.Method of calculation of interest:annual interest rate 2%
6.For repayment, the condition and the date:
(1)Conditions:maturity repaid in full
(2)Date for repayment:one year from the date of borrow
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):300,000
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:5.17
9.Sources of funds for the company to extend monetary loans to others:
parent company
10.Any other matters that need to be specified:None