Walton Advanced Engineering : Announcement that there is a new loan of funds that reaches NT$ 10 million and above the Company's net worth of 2% of the latest financial statements.
Announcement that there is a new loan of funds
that reaches NT$ 10 million and above the Company's
net worth of 2% of the latest financial statements.
Date of events
2022/03/23
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/03/23
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):
Funding recipient name:Walton Advanced Engineering (SuZhou), Inc.
Relationship with lender:The Company's 100% subsidiary
Lending limit:NTD2,188,167K
Starting outstanding balance:NTD990,500K
New loan:NTD531,519K
Is it part of a scheduled allocation or revolving limit for
the same recipient that the chairman is authorized by the board
of directorsto allocate:No.
Outstanding balance up to the date of occurrence:NTD1,522,019K
The reason for new loan:Convert overdue receivable to lending.
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):
Capital:NTD1,512,020K
Cumulative gains/losses:NTD-270,567K
5.Method of calculation of interest:In accordance with the contract.
6.For repayment, the condition and the date:
In accordance with the contract and repay on maturity.
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):NTD2,512,519K
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:22.96%
9.Sources of funds for the company to extend monetary loans to others:Others.
10.Any other matters that need to be specified:
The sources of funds for the company to extend monetary loans to others:
Convert overdue receivable to other receivable.
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Walton Advanced Engineering Inc. 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 09:33:04 UTC.
WALTON ADVANCED ENGINEERING, INC. is a Taiwan-based company principally engaged in the packaging and testing business. The Company mainly provides assembly and testing services. The Company provides thin small-outline package (TSOP) integrated circuits (ICs), ball grid array (BGA) ICs, multi-chip stacking package (MCP), chip scale package (CSP) and trench BGA, flash memory products, micro-secure digital (SD) cards, memory modules, universal serial bus (USB), three dimensional (3D) stack up products and package on package (POP) products, among others. The Company distributes its products within domestic market and to overseas markets.
Walton Advanced Engineering : Announcement that there is a new loan of funds that reaches NT$ 10 million and above the Company's net worth of 2% of the latest financial statements.
WALTON ADVANCED ENGINEERING, INC. 
