1. Date of occurrence: 115/05/11 2. Company for which endorsement guarantee is provided: (1) Company Name: TAH TONG TEXTILE (VIETNAM) CO., LTD. (2) Relationship with the company providing endorsement guarantee: Indirectly held wholly-owned subsidiary (3) Limit of endorsement guarantee (in thousands of NT$): 927,280 (4) Remaining balance of original endorsement guarantee (in thousands of NT$): 224,000 (5) Amount of new endorsement guarantee added (in thousands of NT$): 224,000 (6) Balance of endorsement guarantee as of the date of occurrence (in thousands of NT$): 448,000 (7) Actual amount utilized by the company for which endorsement guarantee is provided (in thousands of NT$): 201,198 (8) Reason for the new endorsement guarantee: Renewal of existing credit line. 3. Collateral provided by the company for which endorsement guarantee is provided: (1) Contents: None (2) Value (in thousands of NT$): 0 4. Latest financial statement of the company for which endorsement guarantee is provided: (1) Capital (in thousands of NT$): 1,844,004 (2) Accumulated net loss (in thousands of NT$): -1,068,417 5. Conditions for release of endorsement guarantee liability: (1) Conditions: None (2) Date: None 6. Total limit of endorsement guarantee (in thousands of NT$): 927,280 7. Balance of endorsement guarantee as of the date of occurrence (in thousands of NT$): 448,000 8. As of the date of occurrence, the ratio of the balance of endorsement guarantee to the net worth of the public issuance company in its latest financial statement: 96.63 9. As of the date of occurrence, the ratio of the total balance of endorsement guarantee, long-term investment, and loans to the net worth of the public issuance company in its latest financial statement: 160.44 10. Other matters to be noted: 1. Daitoh Vietnam renewed its credit line with Mega International Commercial Bank, Ho Chi Minh City Branch, for USD 5 million, approximately equal to NT$160 million. 2. Daitoh Vietnam renewed its credit line with Bank SinoPac, Ho Chi Minh City Branch, for USD 2 million, approximately equal to NT$60 million.

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  • Source: PR Times
  • Category: News
  • Organizations: TAH TONG TEXTILE (VIETNAM) CO., LTD.
  • Dates in source: 115/05/11