【Lotes】Announcement by the Company in Accordance with Article 22, Paragraph 1, Subparagraph 3 of the Regulations Governing Loaning of Funds and Endorsements/Guarantees by Public Companies
Lotes Co., Ltd. announced on May 13, 2026, that it will lend NT$1,266.4 million as working capital to its 100% wholly-owned subsidiary, LOTES VIET NAM COMPANY LIMITED, thereby supporting its subsidiary's business activities.
📋 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 08:31 (31 min after Collected)
1. Date of occurrence of the event: 2026/05/13
2. Details of the company receiving the loan:
(1) Company name: LOTES VIET NAM COMPANY LIMITED
(2) Relationship with the company providing the loan: A 100% wholly-owned subsidiary of the Company.
(3) Loan limit (in thousands of NTD): 7,688,768
(4) Original loan balance (in thousands of NTD): 0
(5) Amount of this new loan (in thousands of NTD): 1,266,400
(6) Is this a loan authorized by the Board of Directors for the Chairman to disburse in installments or for revolving use to the same borrower: Yes
(7) Loan balance as of the date of occurrence (in thousands of NTD): 1,266,400
(8) Reason for this new loan: Working capital
3. Details of collateral provided by the company receiving the loan:
(1) Content: None
(2) Value (in thousands of NTD): 0
4. Latest financial statements of the company receiving the loan:
(1) Capital (in thousands of NTD): 3,703,481
(2) Accumulated profit/loss (in thousands of NTD): 215,535
5. Interest calculation method: As per contract terms
6. Repayment:
(1) Conditions: Lump-sum repayment upon maturity
(2) Date: Repayment due one year from the remittance date
7. Loan balance as of the date of occurrence (in thousands of NTD): 1,266,400
8. Ratio of loan balance to the net worth of the public company's latest financial statements as of the date of occurrence: 3.29%
9. Source of funds loaned by the company: Other enterprises
10. Other matters to be specified: None.
2. Details of the company receiving the loan:
(1) Company name: LOTES VIET NAM COMPANY LIMITED
(2) Relationship with the company providing the loan: A 100% wholly-owned subsidiary of the Company.
(3) Loan limit (in thousands of NTD): 7,688,768
(4) Original loan balance (in thousands of NTD): 0
(5) Amount of this new loan (in thousands of NTD): 1,266,400
(6) Is this a loan authorized by the Board of Directors for the Chairman to disburse in installments or for revolving use to the same borrower: Yes
(7) Loan balance as of the date of occurrence (in thousands of NTD): 1,266,400
(8) Reason for this new loan: Working capital
3. Details of collateral provided by the company receiving the loan:
(1) Content: None
(2) Value (in thousands of NTD): 0
4. Latest financial statements of the company receiving the loan:
(1) Capital (in thousands of NTD): 3,703,481
(2) Accumulated profit/loss (in thousands of NTD): 215,535
5. Interest calculation method: As per contract terms
6. Repayment:
(1) Conditions: Lump-sum repayment upon maturity
(2) Date: Repayment due one year from the remittance date
7. Loan balance as of the date of occurrence (in thousands of NTD): 1,266,400
8. Ratio of loan balance to the net worth of the public company's latest financial statements as of the date of occurrence: 3.29%
9. Source of funds loaned by the company: Other enterprises
10. Other matters to be specified: None.