【Grandmate】Announcement by Subsidiary Grandmate International Regarding the Cancellation of a Loan Facility to Grandmate Technology
Grandmate International Investment Co., Ltd., a subsidiary of Grandmate, announced on May 13, 2026, the cancellation of a USD 3.3 million loan facility to Grandmate Technology due to group planning. This decision reflects a change in the group's overall fund management strategy.
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 09:00
- 🔍 Collected: May 14, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 14, 2026 at 10:14 (2h 13m after Collected)
1. Date of occurrence of the event: 2026/05/13
2. Company name: Grandmate International Investment Co., Ltd.
3. Relationship with the company (please enter 'this company' or 'subsidiary'): Subsidiary
4. Mutual shareholding ratio: Directly holds 100%
5. Reason for occurrence: Due to group planning, Grandmate International cancels the USD 3.3 million loan facility to Grandmate Technology.
6. Countermeasures: Not applicable.
7. Other matters that need to be specified (if the subject of the event or resolution is a public offering company or above, this material information also complies with Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act, which has a significant impact on shareholders' equity or securities prices): None.
2. Company name: Grandmate International Investment Co., Ltd.
3. Relationship with the company (please enter 'this company' or 'subsidiary'): Subsidiary
4. Mutual shareholding ratio: Directly holds 100%
5. Reason for occurrence: Due to group planning, Grandmate International cancels the USD 3.3 million loan facility to Grandmate Technology.
6. Countermeasures: Not applicable.
7. Other matters that need to be specified (if the subject of the event or resolution is a public offering company or above, this material information also complies with Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act, which has a significant impact on shareholders' equity or securities prices): None.