Lih Pao: Company Announces Compliance with "Regulations Governing Loaning of Funds and Endorsements/Guarantees by Public Companies" Article 22, Paragraph 1, Subparagraphs 2 and 3
Lih Pao has provided a new loan of NT$256 million to its wholly-owned subsidiary, Lih Pao Industrial (Vietnam) Co., Ltd., for working capital. This brings the total outstanding loan to NT$640 million, representing 16.47% of the parent company's latest net worth.
📋 Article Processing Timeline
- 📰 Published: May 6, 2026 at 09:00
- 🔍 Collected: May 7, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 7, 2026 at 08:25 (25 min after Collected)
1. Date of occurrence of the event: 2026/05/06
2. Recipient of funds loan:
(1) Company name: Lih Pao Industrial (Vietnam) Co., Ltd.
(2) Relationship with the company providing the funds loan: A wholly-owned subsidiary with 100% direct shareholding
(3) Limit on funds loan (NT$ thousands): 640,000
(4) Original outstanding balance of funds loan (NT$ thousands): 384,000
(5) Amount of this new funds loan (NT$ thousands): 256,000
(6) Is this a funds loan authorized by the board of directors to the chairman for multiple disbursements or revolving use to the same borrower: Yes
(7) Outstanding balance of funds loan as of the date of occurrence (NT$ thousands): 640,000
(8) Reason for this new funds loan: Working capital
3. Collateral provided by the recipient company:
(1) Content: None
(2) Value (NT$ thousands): 0
4. Recipient company's latest financial statements:
(1) Capital (NT$ thousands): 597,971
(2) Accumulated profit/loss (NT$ thousands): -7,334
5. Interest calculation method: Annual interest rate of 2.5%.
6. Repayment:
(1) Conditions: Repayment in installments or a lump sum before the loan maturity date.
(2) Date: Repayment on maturity
7. Outstanding balance of funds loan as of the date of occurrence (NT$ thousands): 640,000
8. Ratio of outstanding funds loan to the net worth of the public company's latest financial statements as of the date of occurrence: 16.47%
9. Source of funds lent by the company: Parent company
10. Other matters that should be specified:
(1) The latest financial statements are the 2025 financial report
(2) Exchange rate is based on the US dollar exchange rate of 32 NTD as of the end of March 2026
2. Recipient of funds loan:
(1) Company name: Lih Pao Industrial (Vietnam) Co., Ltd.
(2) Relationship with the company providing the funds loan: A wholly-owned subsidiary with 100% direct shareholding
(3) Limit on funds loan (NT$ thousands): 640,000
(4) Original outstanding balance of funds loan (NT$ thousands): 384,000
(5) Amount of this new funds loan (NT$ thousands): 256,000
(6) Is this a funds loan authorized by the board of directors to the chairman for multiple disbursements or revolving use to the same borrower: Yes
(7) Outstanding balance of funds loan as of the date of occurrence (NT$ thousands): 640,000
(8) Reason for this new funds loan: Working capital
3. Collateral provided by the recipient company:
(1) Content: None
(2) Value (NT$ thousands): 0
4. Recipient company's latest financial statements:
(1) Capital (NT$ thousands): 597,971
(2) Accumulated profit/loss (NT$ thousands): -7,334
5. Interest calculation method: Annual interest rate of 2.5%.
6. Repayment:
(1) Conditions: Repayment in installments or a lump sum before the loan maturity date.
(2) Date: Repayment on maturity
7. Outstanding balance of funds loan as of the date of occurrence (NT$ thousands): 640,000
8. Ratio of outstanding funds loan to the net worth of the public company's latest financial statements as of the date of occurrence: 16.47%
9. Source of funds lent by the company: Parent company
10. Other matters that should be specified:
(1) The latest financial statements are the 2025 financial report
(2) Exchange rate is based on the US dollar exchange rate of 32 NTD as of the end of March 2026