1. Date of Occurrence: 115/06/10 2. Company Receiving Endorsement Guarantee: (1) Company Name: Future Electronics Inc. (Distribution) Pte Ltd (2) Relationship with the Company Providing Endorsement Guarantee: Future Electronics Inc. and Future Electronics Inc. (Distribution) Pte Ltd are wholly-owned subsidiaries of Wilfa. (3) Limit of Endorsement Guarantee (in thousands of NTD): 323,187,561 (4) Balance of Original Endorsement Guarantee (in thousands of NTD): 160,000 (5) Amount of New Endorsement Guarantee Added This Time (in thousands of NTD): 0 (6) Balance of Endorsement Guarantee as of the Date of Occurrence (in thousands of NTD): 160,000 (7) Actual Amount Utilized by the Company Receiving Endorsement Guarantee (in thousands of NTD): 160,000 (8) Reason for New Endorsement Guarantee Added This Time: Not applicable 3. Collateral Provided by the Company Receiving Endorsement Guarantee: (1) Content: None (2) Value (in thousands of NTD): 0 4. Latest Financial Statements of the Company Receiving Endorsement Guarantee: (1) Capital (in thousands of NTD): 28,720,937 (2) Accumulated Profit/Loss Amount (in thousands of NTD): 2,196,553 5. Conditions for Release of Endorsement Guarantee Liability: (1) Conditions: As per contract terms (2) Date: As per contract terms 6. Total Limit of Endorsement Guarantee (in thousands of NTD): 450,806,416 7. Balance of Endorsement Guarantee as of the Date of Occurrence (in thousands of NTD): 27,766,243 8. As of the Date of Occurrence, the Ratio of the Balance of Endorsement Guarantee Provided by A to the Net Worth of the Publicly Issued Company's Latest Financial Statements: 24.64 9. As of the Date of Occurrence, the Ratio of the Sum of Balances of Endorsement Guarantee, Long-Term Investment, and Fund Lending to the Net Worth of the Publicly Issued Company's Latest Financial Statements: 35.51 10. Other Matters to be Notified: On June 10th, a fund lending of USD 5 million was newly added from WT Microelectronics Singapore Pte. Ltd. to Future Electronics Inc. (Distribution) Pte Ltd. This caused the total balance of endorsement guarantees, long-term investments, and fund lending to reach the announcement standard stipulated in Article 25, Paragraph 1, Item 3.
FACT BOX
- Source: PR Times
- Category: Corporate Announcements
- Organizations: Future Electronics Inc. / WT Microelectronics Singapore Pte. Ltd.
- Dates in source: 115/06/10