[Emerging] Announcement Regarding Guarantee Amounts of Our Company and Subsidiaries Reaching Article 25, Paragraph 1, Item 1 of the "Regulations on Lending and Guarantee of Funds by Publicly Issued Companies"
Key facts
- [Emerging] Announcement Regarding Guarantee Amounts of Our Company and Subsidiaries Reaching Article 25, Paragraph 1, Item 1 of the "Regulations on Lending and Guarantee of Funds by Publicly Issued Companies"
- Emerging Shipping Co., Ltd. announced on June 11, 115 (ROC calendar) that the guarantee amounts provided by its subsidiaries and itself for bank financing facilities have exceeded 50% of the net worth of the publicly issued company. The total limit is over NT$52.99 billion, with a current outstanding balance of over NT$15.16 billion, representing 85.85% of its net worth.
- Source: PR Times
- Date: June 11, 2026
Direct answer
Emerging Shipping Co., Ltd. announced on June 11, 115 (ROC calendar) that the guarantee amounts provided by its subsidiaries and itself for bank financing facilities have exceeded 50% of the net worth of the publicly issued company. The total limit is over NT$52.99 billion, with a current outstanding balance of over NT$15.16 billion, representing 85.85% of its net worth.
- Citation
- [Emerging] Announcement Regarding Guarantee Amounts of Our Company and Subsidiaries Reaching Article 25, Paragraph 1, Item 1 of the "Regulations on Lending and Guarantee of Funds by Publicly Issued Companies" (June 11, 2026), PR Times
- Source
- PR Times
- Date
- June 11, 2026
Emerging Shipping Co., Ltd. announced on June 11, 115 (ROC calendar) that the guarantee amounts provided by its subsidiaries and itself for bank financing facilities have exceeded 50% of the net worth of the publicly issued company. The total limit is over NT$52.99 billion, with a current outstanding balance of over NT$15.16 billion, representing 85.85% of its net worth.
📋 Article Processing Timeline
- 📰 Published: June 11, 2026 at 09:00
- 🔍 Collected: June 12, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 12, 2026 at 17:53 (9h 53m after Collected)
1. Date of occurrence: 115/06/11
2. When the balance of endorsements and guarantees reaches 50% or more of the net worth of the publicly issued company's latest financial statement:
(1) Name of the company being endorsed and guaranteed: Emerging Shipping Co., Ltd.
(2) Relationship with the company providing endorsements and guarantees:
It is the parent company with 100% shareholding.
(3) Reason for endorsement and guarantee as of the date of occurrence:
Guarantee for bank financing facility.
(4) Limit of endorsement and guarantee (in thousands of NT$): 6,316,257
(5) Original balance of endorsement and guarantee (in thousands of NT$): 3,800,000
(6) Balance of endorsement and guarantee as of the date of occurrence (in thousands of NT$): 5,300,000
(7) Actual amount utilized by the guaranteed company (in thousands of NT$): 2,953,000
(8) Amount of new endorsement and guarantee this time (in thousands of NT$): 1,500,000
(9) Reason for new endorsement and guarantee this time:
Renewal of the original credit line upon expiry.
(1) Name of the company being endorsed and guaranteed: Emerging Shipping Co., Ltd.
(2) Relationship with the company providing endorsements and guarantees:
It is the parent company with 100% shareholding.
(3) Reason for endorsement and guarantee as of the date of occurrence:
Guarantee for bank financing facility.
(4) Limit of endorsement and guarantee (in thousands of NT$): 13,750,223
(5) Original balance of endorsement and guarantee (in thousands of NT$): 300,000
(6) Balance of endorsement and guarantee as of the date of occurrence (in thousands of NT$): 300,000
(7) Actual amount utilized by the guaranteed company (in thousands of NT$): 280,000
(8) Amount of new endorsement and guarantee this time (in thousands of NT$): 0
(9) Reason for new endorsement and guarantee this time:
None.
(1) Name of the company being endorsed and guaranteed: Norley Corporation Inc.
(2) Relationship with the company providing endorsements and guarantees:
It is a subsidiary wholly owned by our company (100% shareholding).
(3) Reason for endorsement and guarantee as of the date of occurrence:
Guarantee for bank financing facility.
(4) Limit of endorsement and guarantee (in thousands of NT$): 17,665,267
(5) Original balance of endorsement and guarantee (in thousands of NT$): 9,564,800
(6) Balance of endorsement and guarantee as of the date of occurrence (in thousands of NT$): 9,564,800
(7) Actual amount utilized by the guaranteed company (in thousands of NT$): 940,800
(8) Amount of new endorsement and guarantee this time (in thousands of NT$): 0
(9) Reason for new endorsement and guarantee this time:
None.
2. Total limit of endorsements and guarantees (in thousands of NT$):
52,995,801
3. Balance of endorsements and guarantees as of the date of occurrence (in thousands of NT$):
15,164,800
3. As of the date of occurrence, the ratio of the balance of endorsements and guarantees provided to the net worth of the publicly issued company's latest financial statement:
85.85
4. Other matters to be stated:
None.
2. When the balance of endorsements and guarantees reaches 50% or more of the net worth of the publicly issued company's latest financial statement:
(1) Name of the company being endorsed and guaranteed: Emerging Shipping Co., Ltd.
(2) Relationship with the company providing endorsements and guarantees:
It is the parent company with 100% shareholding.
(3) Reason for endorsement and guarantee as of the date of occurrence:
Guarantee for bank financing facility.
(4) Limit of endorsement and guarantee (in thousands of NT$): 6,316,257
(5) Original balance of endorsement and guarantee (in thousands of NT$): 3,800,000
(6) Balance of endorsement and guarantee as of the date of occurrence (in thousands of NT$): 5,300,000
(7) Actual amount utilized by the guaranteed company (in thousands of NT$): 2,953,000
(8) Amount of new endorsement and guarantee this time (in thousands of NT$): 1,500,000
(9) Reason for new endorsement and guarantee this time:
Renewal of the original credit line upon expiry.
(1) Name of the company being endorsed and guaranteed: Emerging Shipping Co., Ltd.
(2) Relationship with the company providing endorsements and guarantees:
It is the parent company with 100% shareholding.
(3) Reason for endorsement and guarantee as of the date of occurrence:
Guarantee for bank financing facility.
(4) Limit of endorsement and guarantee (in thousands of NT$): 13,750,223
(5) Original balance of endorsement and guarantee (in thousands of NT$): 300,000
(6) Balance of endorsement and guarantee as of the date of occurrence (in thousands of NT$): 300,000
(7) Actual amount utilized by the guaranteed company (in thousands of NT$): 280,000
(8) Amount of new endorsement and guarantee this time (in thousands of NT$): 0
(9) Reason for new endorsement and guarantee this time:
None.
(1) Name of the company being endorsed and guaranteed: Norley Corporation Inc.
(2) Relationship with the company providing endorsements and guarantees:
It is a subsidiary wholly owned by our company (100% shareholding).
(3) Reason for endorsement and guarantee as of the date of occurrence:
Guarantee for bank financing facility.
(4) Limit of endorsement and guarantee (in thousands of NT$): 17,665,267
(5) Original balance of endorsement and guarantee (in thousands of NT$): 9,564,800
(6) Balance of endorsement and guarantee as of the date of occurrence (in thousands of NT$): 9,564,800
(7) Actual amount utilized by the guaranteed company (in thousands of NT$): 940,800
(8) Amount of new endorsement and guarantee this time (in thousands of NT$): 0
(9) Reason for new endorsement and guarantee this time:
None.
2. Total limit of endorsements and guarantees (in thousands of NT$):
52,995,801
3. Balance of endorsements and guarantees as of the date of occurrence (in thousands of NT$):
15,164,800
3. As of the date of occurrence, the ratio of the balance of endorsements and guarantees provided to the net worth of the publicly issued company's latest financial statement:
85.85
4. Other matters to be stated:
None.
FAQ
Why is Emerging Shipping's guarantee amount drawing attention?
It is considered important from a financial risk management perspective as the outstanding guarantee balance has exceeded 50% of the publicly issued company's net worth.
How does this announcement affect investors?
It serves as an indicator of the company's financial leverage and financing capabilities, aiding investment decisions.
What are the financing trends in the shipping industry?
The industry as a whole emphasizes stable financing to cope with market fluctuations.