[China Maritime Transport] Announcement of New Loan to Subsidiary China Harmony Shipping Limited
China Maritime Transport has decided to provide a loan of 282,195,000 NTD to its subsidiary, China Harmony Shipping Limited.
📋 Article Processing Timeline
- 📰 Published: June 5, 2026 at 09:00
- 🔍 Collected: June 6, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 6, 2026 at 15:42 (7h 42m after Collected)
1. Date of occurrence: June 5, 2026
2. Loan recipient:
(1) Name: Chinese Maritime Transport (UK) Limited
(2) Relationship: Parent-subsidiary
(3) Loan limit (in thousands): 492,436
(4) Existing balance (in thousands): 0
(5) Amount of this loan (in thousands): 282,195
(6) Revolving credit: No
(7) Outstanding balance (in thousands): 282,195
(8) Reason: Funding requirements
3. Collateral: None
4. Financial info: Capital 1,263,040 (in thousands), Accumulated profit/loss 248,857 (in thousands)
5. Interest: None
6. Repayment: 5-year term (by June 4, 2031); early repayment allowed
7. Total outstanding loan balance: 11,059,109 (in thousands)
8. Ratio to net worth: 81.28%
9. Funding source: Subsidiary's own funds
10. Exchange rate: 1 USD = 31.355 NTD
2. Loan recipient:
(1) Name: Chinese Maritime Transport (UK) Limited
(2) Relationship: Parent-subsidiary
(3) Loan limit (in thousands): 492,436
(4) Existing balance (in thousands): 0
(5) Amount of this loan (in thousands): 282,195
(6) Revolving credit: No
(7) Outstanding balance (in thousands): 282,195
(8) Reason: Funding requirements
3. Collateral: None
4. Financial info: Capital 1,263,040 (in thousands), Accumulated profit/loss 248,857 (in thousands)
5. Interest: None
6. Repayment: 5-year term (by June 4, 2031); early repayment allowed
7. Total outstanding loan balance: 11,059,109 (in thousands)
8. Ratio to net worth: 81.28%
9. Funding source: Subsidiary's own funds
10. Exchange rate: 1 USD = 31.355 NTD
FAQ
What is the purpose of the loan?
To meet the subsidiary's funding requirements.
When was it announced?
June 5, 2026.
Is there any collateral?
No.