Powertech Technology Inc. Announces Loan to Subsidiary PTI Technology (Singapore) Pte. Ltd. in Accordance with Regulations for Publicly Issued Companies
Powertech Technology Inc. announced a loan of NT$2.3985 billion to its subsidiary, PTI Technology (Singapore) Pte. Ltd., for operational needs. This loan falls within the approved limit of NT$3.8037 billion and brings the total outstanding loan balance to NT$2.3985 billion, representing 10.51% of the company's net worth.
📋 Article Processing Timeline
- 📰 Published: April 7, 2026 at 09:00
- 🔍 Collected: April 8, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 15, 2026 at 11:22 (171h 22m after Collected)
1. Date of occurrence of the event: 2026/04/07
2. Recipient of the loan:
(1) Company name: Powertech Technology Inc.
(2) Relationship with the company providing the loan: Parent company of the company providing the loan.
(3) Loan limit (NT$ thousands): 3,803,701
(4) Original outstanding loan balance (NT$ thousands): 0
(5) Amount of new loan (NT$ thousands): 2,398,500
(6) Is this a loan authorized by the board of directors for the chairman to disburse in installments or on a revolving basis to the same borrower: Yes
(7) Outstanding loan balance as of the date of occurrence (NT$ thousands): 2,398,500
(8) Reason for this new loan: Operational needs
3. Collateral provided by the recipient of the loan:
(1) Content: None
(2) Value (NT$ thousands): 0
4. Latest financial statements of the recipient of the loan:
(1) Capital (NT$ thousands): 7,591,466
(2) Accumulated profit/loss (NT$ thousands): 49,961,089
5. Interest calculation method: As per agreement.
6. Repayment:
(1) Conditions: Repayment in full at maturity or early repayment.
(2) Date: One year from the actual disbursement date.
7. Outstanding loan balance as of the date of occurrence (NT$ thousands): 5,916,300
8. Ratio of outstanding loan balance to net worth of publicly issued company's latest financial statements as of the date of occurrence: 10.51%
9. Source of funds for the company's loan to others: Subsidiary itself
10. Other matters that need to be specified: None
2. Recipient of the loan:
(1) Company name: Powertech Technology Inc.
(2) Relationship with the company providing the loan: Parent company of the company providing the loan.
(3) Loan limit (NT$ thousands): 3,803,701
(4) Original outstanding loan balance (NT$ thousands): 0
(5) Amount of new loan (NT$ thousands): 2,398,500
(6) Is this a loan authorized by the board of directors for the chairman to disburse in installments or on a revolving basis to the same borrower: Yes
(7) Outstanding loan balance as of the date of occurrence (NT$ thousands): 2,398,500
(8) Reason for this new loan: Operational needs
3. Collateral provided by the recipient of the loan:
(1) Content: None
(2) Value (NT$ thousands): 0
4. Latest financial statements of the recipient of the loan:
(1) Capital (NT$ thousands): 7,591,466
(2) Accumulated profit/loss (NT$ thousands): 49,961,089
5. Interest calculation method: As per agreement.
6. Repayment:
(1) Conditions: Repayment in full at maturity or early repayment.
(2) Date: One year from the actual disbursement date.
7. Outstanding loan balance as of the date of occurrence (NT$ thousands): 5,916,300
8. Ratio of outstanding loan balance to net worth of publicly issued company's latest financial statements as of the date of occurrence: 10.51%
9. Source of funds for the company's loan to others: Subsidiary itself
10. Other matters that need to be specified: None
FAQ
What is the name of the subsidiary that Powertech Technology Inc. loaned money to?
The subsidiary is PTI Technology (Singapore) Pte. Ltd.
What was the purpose of this loan?
The loan was for the subsidiary's operational needs.