[Wei Hung-KY] Subsidiary Wilson Group Announces NT$189M Loan to Sub-subsidiary
Wei Hung-KY announced that its subsidiary, Wilson Group Holdings Limited (Samoa), will provide a short-term loan of NT$189.27 million to its Cambodian sub-subsidiary to support liquidity requirements.
📋 Article Processing Timeline
- 📰 Published: May 18, 2026 at 09:00
- 🔍 Collected: May 19, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 19, 2026 at 08:02 (2 min after Collected)
1. Date of occurrence: May 18, 2026
2. Details of the loan recipient:
(1) Company name: Wilson Leather (Cambodia) Co., Ltd.
(2) Relationship: A sub-subsidiary of Wilson Group Holdings Limited (Samoa).
(3) Lending limit (TWD '000): 1,280,526
(4) Previous balance (TWD '000): 0
(5) New loan amount (TWD '000): 189,270
(6) Board authorization: Yes, authorized for staggered or revolving use.
(7) Current balance as of today (TWD '000): 189,270
(8) Reason: Short-term liquidity support.
3. Collateral: None
4. Financial status of recipient:
(1) Capital (TWD '000): 126,598
(2) Accumulated earnings/losses (TWD '000): -138,784
5. Interest calculation: According to contract terms.
6. Repayment terms:
(1) Condition: Lump-sum repayment at maturity.
(2) Date: Depending on capital status, generally within 3 years.
7. Percentage of company's net worth: 5.22%
8. Source of funds: Financial institutions and parent company.
9. Other remarks: None.
2. Details of the loan recipient:
(1) Company name: Wilson Leather (Cambodia) Co., Ltd.
(2) Relationship: A sub-subsidiary of Wilson Group Holdings Limited (Samoa).
(3) Lending limit (TWD '000): 1,280,526
(4) Previous balance (TWD '000): 0
(5) New loan amount (TWD '000): 189,270
(6) Board authorization: Yes, authorized for staggered or revolving use.
(7) Current balance as of today (TWD '000): 189,270
(8) Reason: Short-term liquidity support.
3. Collateral: None
4. Financial status of recipient:
(1) Capital (TWD '000): 126,598
(2) Accumulated earnings/losses (TWD '000): -138,784
5. Interest calculation: According to contract terms.
6. Repayment terms:
(1) Condition: Lump-sum repayment at maturity.
(2) Date: Depending on capital status, generally within 3 years.
7. Percentage of company's net worth: 5.22%
8. Source of funds: Financial institutions and parent company.
9. Other remarks: None.
FAQ
What is the key takeaway from Wei Hung's announcement?
Wei Hung-KY's subsidiary is lending NT$189 million to its Cambodian unit for short-term liquidity needs.
Is there a risk in this internal loan?
The borrower has accumulated losses of over NT$138 million, which may pose a risk to repayment.
What is the duration of this loan?
The loan is intended for short-term financing and is capped at a three-year period.