Sanneng-KY: Company Announces Capital Lending and Endorsement Guarantee According to Article 22, Paragraph 1, Subparagraph 3 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies
Sanneng-KY announced a new capital loan of TWD 21,984 thousand to its wholly-owned subsidiary, PT. Sanneng Bakeware Indonesia, for efficient utilization of group funds and operational turnover. This brings the total capital loan balance to the subsidiary to TWD 43,968 thousand.
📋 Article Processing Timeline
- 📰 Published: May 12, 2026 at 09:00
- 🔍 Collected: May 13, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 13, 2026 at 10:20 (2h 20m after Collected)
1. Date of occurrence of the event: 2026/05/12
2. Recipient of capital lending:
(1) Company name: PT. Sanneng Bakeware Indonesia
(2) Relationship with the company providing capital lending: Re-invested company 100% owned by the Company
(3) Maximum capital lending limit (in thousands of NTD): 705,830
(4) Original capital lending balance (in thousands of NTD): 21,984
(5) Amount of new capital lending (in thousands of NTD): 21,984
(6) Is this a capital lending authorized by the board of directors to the chairman for multiple disbursements or revolving use to the same counterparty: Yes
(7) Capital lending balance as of the date of occurrence (in thousands of NTD): 43,968
(8) Reason for new capital lending: Effective utilization of group funds and operational turnover
3. Collateral provided by the recipient of capital lending:
(1) Content: None
(2) Value (in thousands of NTD): 0
4. Latest financial statements of the recipient of capital lending:
(1) Capital (in thousands of NTD): 61,811
(2) Accumulated profit/loss (in thousands of NTD): -56,351
5. Interest calculation method: The borrowing interest rate is tentatively estimated at an annual rate of 4.5% to 5.0%, with the actual rate subject to the external financing rate at the time of disbursement.
6. Repayment:
(1) Conditions: Repayment in a lump sum at maturity or early repayment
(2) Date: Limited to one year from the actual disbursement date
7. Capital lending balance as of the date of occurrence (in thousands of NTD): 123,486
8. Ratio of capital lending balance to the net value of the public company's latest financial statements as of the date of occurrence: 7.00
9. Source of the company's capital lending to others: Parent company
10. Other matters that should be specified: The USD exchange rate is converted to NTD using the Taiwan Bank's closing average exchange rate of 31.405 on May 11, 2026. The JPY exchange rate is converted to NTD using the Taiwan Bank's closing average exchange rate of 0.1999 on May 11, 2026. The IDR exchange rate is converted to NTD using the Taiwan Bank's closing average exchange rate of 0.00178 on May 11, 2026.
2. Recipient of capital lending:
(1) Company name: PT. Sanneng Bakeware Indonesia
(2) Relationship with the company providing capital lending: Re-invested company 100% owned by the Company
(3) Maximum capital lending limit (in thousands of NTD): 705,830
(4) Original capital lending balance (in thousands of NTD): 21,984
(5) Amount of new capital lending (in thousands of NTD): 21,984
(6) Is this a capital lending authorized by the board of directors to the chairman for multiple disbursements or revolving use to the same counterparty: Yes
(7) Capital lending balance as of the date of occurrence (in thousands of NTD): 43,968
(8) Reason for new capital lending: Effective utilization of group funds and operational turnover
3. Collateral provided by the recipient of capital lending:
(1) Content: None
(2) Value (in thousands of NTD): 0
4. Latest financial statements of the recipient of capital lending:
(1) Capital (in thousands of NTD): 61,811
(2) Accumulated profit/loss (in thousands of NTD): -56,351
5. Interest calculation method: The borrowing interest rate is tentatively estimated at an annual rate of 4.5% to 5.0%, with the actual rate subject to the external financing rate at the time of disbursement.
6. Repayment:
(1) Conditions: Repayment in a lump sum at maturity or early repayment
(2) Date: Limited to one year from the actual disbursement date
7. Capital lending balance as of the date of occurrence (in thousands of NTD): 123,486
8. Ratio of capital lending balance to the net value of the public company's latest financial statements as of the date of occurrence: 7.00
9. Source of the company's capital lending to others: Parent company
10. Other matters that should be specified: The USD exchange rate is converted to NTD using the Taiwan Bank's closing average exchange rate of 31.405 on May 11, 2026. The JPY exchange rate is converted to NTD using the Taiwan Bank's closing average exchange rate of 0.1999 on May 11, 2026. The IDR exchange rate is converted to NTD using the Taiwan Bank's closing average exchange rate of 0.00178 on May 11, 2026.