Sze Wei Navigation Announces Guarantee for Wholly-Owned Subsidiary VALOR Reaching Disclosure Threshold under Public Company Fund Lending and Guarantee Regulations Article 25(1)(4)
Key facts
- Sze Wei Navigation Announces Guarantee for Wholly-Owned Subsidiary VALOR Reaching Disclosure Threshold under Public Company Fund Lending and Guarantee Regulations Article 25(1)(4)
- Sze Wei Navigation has provided a new guarantee of NT$1.428 billion to its wholly-owned grandson company, VALOR PESCADORES S.A. PANAMA, for vessel financing. The total guarantee balance now stands at NT$8.034 billion, representing 83.01% of the company's net assets, triggering mandatory public disclosure.
- Source: PR Times
- Date: June 9, 2026
Direct answer
Sze Wei Navigation has provided a new guarantee of NT$1.428 billion to its wholly-owned grandson company, VALOR PESCADORES S.A. PANAMA, for vessel financing. The total guarantee balance now stands at NT$8.034 billion, representing 83.01% of the company's net assets, triggering mandatory public disclosure.
- Citation
- Sze Wei Navigation Announces Guarantee for Wholly-Owned Subsidiary VALOR Reaching Disclosure Threshold under Public Company Fund Lending and Guarantee Regulations Article 25(1)(4) (June 9, 2026), PR Times
- Source
- PR Times
- Date
- June 9, 2026
Sze Wei Navigation has provided a new guarantee of NT$1.428 billion to its wholly-owned grandson company, VALOR PESCADORES S.A. PANAMA, for vessel financing. The total guarantee balance now stands at NT$8.034 billion, representing 83.01% of the company's net assets, triggering mandatory public disclosure.
📋 Article Processing Timeline
- 📰 Published: June 9, 2026 at 09:00
- 🔍 Collected: June 10, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 13, 2026 at 05:15 (69h 15m after Collected)
1. Factual Date: 115/06/09
2. Guaranteed Party:
(1) Company Name: VALOR PESCADORES S.A. PANAMA
(2) Relationship with Guarantee Provider: Parent-Subsidiary
(3) Guarantee Limit (in thousand NTD): 9,677,924
(4) Previous Guarantee Balance (in thousand NTD): 0
(5) Amount of New Guarantee Added This Time (in thousand NTD): 1,427,732
(6) Guarantee Balance as of Factual Date (in thousand NTD): 1,427,732
(7) Actual Amount Drawn by Guaranteed Company (in thousand NTD): 0
(8) Reason for New Guarantee: Vessel loan financing.
3. Collateral Provided by Guaranteed Company:
(1) Description: None
(2) Value (in thousand NTD): 0
4. Latest Financial Statement of Guaranteed Company:
(1) Capital (in thousand NTD): 153,576
(2) Accumulated Profits/Losses (in thousand NTD): 148,538
5. Conditions for Release of Guarantee Liability:
(1) Condition: Full repayment of vessel loan
(2) Date: Maturity date of bank loan
6. Total Guarantee Limit (in thousand NTD): 58,067,544
7. Guarantee Balance as of Factual Date (in thousand NTD): 8,034,025
8. Ratio of Guarantee Balance to Net Assets of the Publicly Issued Company as of Factual Date: 83.01%
9. Combined Ratio of Guarantee, Long-Term Investment, and Fund Lending Balances to Net Assets of the Publicly Issued Company: 20.25%
10. Other Matters to be Clarified:
Announced in New Taiwan Dollars based on exchange rate @31.58.
2. Guaranteed Party:
(1) Company Name: VALOR PESCADORES S.A. PANAMA
(2) Relationship with Guarantee Provider: Parent-Subsidiary
(3) Guarantee Limit (in thousand NTD): 9,677,924
(4) Previous Guarantee Balance (in thousand NTD): 0
(5) Amount of New Guarantee Added This Time (in thousand NTD): 1,427,732
(6) Guarantee Balance as of Factual Date (in thousand NTD): 1,427,732
(7) Actual Amount Drawn by Guaranteed Company (in thousand NTD): 0
(8) Reason for New Guarantee: Vessel loan financing.
3. Collateral Provided by Guaranteed Company:
(1) Description: None
(2) Value (in thousand NTD): 0
4. Latest Financial Statement of Guaranteed Company:
(1) Capital (in thousand NTD): 153,576
(2) Accumulated Profits/Losses (in thousand NTD): 148,538
5. Conditions for Release of Guarantee Liability:
(1) Condition: Full repayment of vessel loan
(2) Date: Maturity date of bank loan
6. Total Guarantee Limit (in thousand NTD): 58,067,544
7. Guarantee Balance as of Factual Date (in thousand NTD): 8,034,025
8. Ratio of Guarantee Balance to Net Assets of the Publicly Issued Company as of Factual Date: 83.01%
9. Combined Ratio of Guarantee, Long-Term Investment, and Fund Lending Balances to Net Assets of the Publicly Issued Company: 20.25%
10. Other Matters to be Clarified:
Announced in New Taiwan Dollars based on exchange rate @31.58.
FAQ
Is Sze Wei's guarantee a risk for investors?
With 83.01% of net assets, it's high but reflects strategic growth if well-managed.
What does grandson company VALOR do?
VALOR is a Panama-based vessel operator fully owned by Sze Wei Navigation.
Will this guarantee boost stock price?
Short-term pressure possible; long-term upside if expansion succeeds.
Difference between guarantee limit and balance?
Limit is maximum capacity; balance is actual amount currently guaranteed.
What does exchange rate @31.58 mean?
Used to convert USD amounts into New Taiwan Dollars for disclosure.