[CMT] Announcement of Additional Endorsement Guarantee by Subsidiary
Chinese Maritime Transport (CMT) announced that its subsidiary, Chinese Maritime Transport (UK) Limited, has provided an additional endorsement guarantee of NT$1.687 billion for new vessel financing, exceeding 5% of the latest net worth.
📋 Article Processing Timeline
- 📰 Published: May 28, 2026 at 09:00
- 🔍 Collected: May 29, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 18:41 (58h 41m after Collected)
1. Date of occurrence: 115/05/28
2. Guaranteed company: China Eminent Shipping Pte. Ltd.
3. Relationship: 100% subsidiary of CMTUK
4. Additional guarantee amount: 1,687,526 (in thousands)
5. Reason: Financing for new vessel acquisition
6. Total guarantee balance: 2,416,972 (in thousands)
7. Exchange rate: USD$1=NT$31.39
2. Guaranteed company: China Eminent Shipping Pte. Ltd.
3. Relationship: 100% subsidiary of CMTUK
4. Additional guarantee amount: 1,687,526 (in thousands)
5. Reason: Financing for new vessel acquisition
6. Total guarantee balance: 2,416,972 (in thousands)
7. Exchange rate: USD$1=NT$31.39
FAQ
Is this guarantee a risk for CMT?
It is for financing new vessel acquisition, a standard business operation.