[Century Iron and Steel] Announcement pursuant to Article 25, Paragraph 1, Subparagraph 4 of the Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies
Century Iron and Steel announced it will provide an endorsement/guarantee of TWD 795.25 million for its subsidiary PT CENTURY INDONESIA WIND ENERGY to secure a bank credit facility.
📋 Article Processing Timeline
- 📰 Published: April 21, 2026 at 09:00
- 🔍 Collected: April 22, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 23, 2026 at 17:25 (33h 25m after Collected)
1. Date of occurrence: 2026/04/21
2. The company being endorsed/guaranteed:
(1) Company name: PT CENTURY INDONESIA WIND ENERGY
(2) Relationship with the endorsing/guaranteeing company: A subsidiary in which the company holds 99.93% directly.
(3) Limit of endorsement/guarantee (NTD thousands): 1,111,157
(4) Original balance of endorsement/guarantee (NTD thousands): 0
(5) Amount of new endorsement/guarantee (NTD thousands): 795,250
(6) Balance of endorsement/guarantee as of the date of occurrence (NTD thousands): 795,250
(7) Actual amount drawn down by the guaranteed company (NTD thousands): 0
(8) Reason for the new endorsement/guarantee: To act as a joint guarantor for subsidiary PT CENTURY INDONESIA WIND ENERGY in applying for a bank credit line.
3. Collateral provided by the guaranteed company:
(1) Content: N/A
(2) Value (NTD thousands): 0
4. Recent financial statement data of the guaranteed company:
(1) Capital (NTD thousands): 97,137
(2) Accumulated profit/loss (NTD thousands): -8,691
5. Release from the endorsement/guarantee liability:
(1) Conditions: Upon completion of the subsidiary's loan repayment and termination of the financing agreement with the bank.
(2) Date: Upon expiration of the subsidiary's credit agreement.
6. Total limit on endorsements/guarantees (NTD thousands): 1,111,157
7. Balance of endorsements/guarantees as of the date of occurrence (NTD thousands): 795,250
8. Ratio of endorsements/guarantees balance to net worth of the company's recent financial statement: 7.16%
9. Ratio of the sum of endorsements/guarantees, long-term investments, and loan balances to net worth: 142.00%
10. Other matters to be specified: The aforementioned guarantee amount is converted using the Bank of Taiwan's average closing spot exchange rate of 31.81 on April 13, 2026.
2. The company being endorsed/guaranteed:
(1) Company name: PT CENTURY INDONESIA WIND ENERGY
(2) Relationship with the endorsing/guaranteeing company: A subsidiary in which the company holds 99.93% directly.
(3) Limit of endorsement/guarantee (NTD thousands): 1,111,157
(4) Original balance of endorsement/guarantee (NTD thousands): 0
(5) Amount of new endorsement/guarantee (NTD thousands): 795,250
(6) Balance of endorsement/guarantee as of the date of occurrence (NTD thousands): 795,250
(7) Actual amount drawn down by the guaranteed company (NTD thousands): 0
(8) Reason for the new endorsement/guarantee: To act as a joint guarantor for subsidiary PT CENTURY INDONESIA WIND ENERGY in applying for a bank credit line.
3. Collateral provided by the guaranteed company:
(1) Content: N/A
(2) Value (NTD thousands): 0
4. Recent financial statement data of the guaranteed company:
(1) Capital (NTD thousands): 97,137
(2) Accumulated profit/loss (NTD thousands): -8,691
5. Release from the endorsement/guarantee liability:
(1) Conditions: Upon completion of the subsidiary's loan repayment and termination of the financing agreement with the bank.
(2) Date: Upon expiration of the subsidiary's credit agreement.
6. Total limit on endorsements/guarantees (NTD thousands): 1,111,157
7. Balance of endorsements/guarantees as of the date of occurrence (NTD thousands): 795,250
8. Ratio of endorsements/guarantees balance to net worth of the company's recent financial statement: 7.16%
9. Ratio of the sum of endorsements/guarantees, long-term investments, and loan balances to net worth: 142.00%
10. Other matters to be specified: The aforementioned guarantee amount is converted using the Bank of Taiwan's average closing spot exchange rate of 31.81 on April 13, 2026.