Richen-KY (Corrected) Announces Loan to Subsidiary under Article 22, Paragraph 1, Subparagraph 3 of Regulations Governing Loaning of Funds and Endorsements/Guarantees by Public Companies
Richen-KY has corrected its announcement regarding a loan to its subsidiary, Regal Jewelry Manufacture Co., Ltd., under Article 22, Paragraph 1, Subparagraph 3 of the Regulations Governing Loaning of Funds and Endorsements/Guarantees by Public Companies. The loan limit is TWD 329,057 thousand, with a new loan of TWD 60,000 thousand, bringing the outstanding balance to TWD 60,000 thousand. This loan is to meet the subsidiary's operational working capital needs, with interest based on local Thai bank lending rates, and principal and interest to be repaid within one year from the first drawdown date.
📋 Article Processing Timeline
- 📰 Published: April 7, 2026 at 09:00
- 🔍 Collected: April 8, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 15, 2026 at 11:28 (171h 27m after Collected)
1. Date of occurrence of the event: 2026/04/07
2. Recipient of the loan:
(1) Company name: Regal Jewelry Manufacture Co., Ltd.
(2) Relationship with the company providing the loan: It is an important subsidiary (99.99%) held by the group. (Correction)
(3) Loan limit (TWD thousand): 329,057
(4) Original loan balance (TWD thousand): 0
(5) Amount of new loan (TWD thousand): 60,000
(6) Is it a loan authorized by the board of directors for the chairman to disburse in installments or on a revolving basis to the same borrower: No
(7) Loan balance as of the date of occurrence (TWD thousand): 60,000
(8) Reason for the new loan: Due to operational working capital needs.
3. Collateral provided by the recipient of the loan:
(1) Content: None
(2) Value (TWD thousand): 0
4. Recipient of the loan's most recent financial statements:
(1) Capital (TWD thousand): 845,421
(2) Accumulated profit/loss (TWD thousand): 347,906
5. Interest calculation method: Based on the lending rates of local banks in Thailand where the operation is located.
6. Repayment:
(1) Conditions: Repay principal and interest within 1 year from the first drawdown date.
(2) Date: 2027/04/06 (within 1 year from the first drawdown date)
7. Loan balance as of the date of occurrence (TWD thousand): 60,000
8. Ratio of loan balance to the net worth of the public company's most recent financial statements as of the date of occurrence: 7.29%
9. Source of funds loaned by the company: Parent company
10. Other matters that need to be specified: The above figures are calculated from the self-reported financial statements as of 2026/02/28.
2. Recipient of the loan:
(1) Company name: Regal Jewelry Manufacture Co., Ltd.
(2) Relationship with the company providing the loan: It is an important subsidiary (99.99%) held by the group. (Correction)
(3) Loan limit (TWD thousand): 329,057
(4) Original loan balance (TWD thousand): 0
(5) Amount of new loan (TWD thousand): 60,000
(6) Is it a loan authorized by the board of directors for the chairman to disburse in installments or on a revolving basis to the same borrower: No
(7) Loan balance as of the date of occurrence (TWD thousand): 60,000
(8) Reason for the new loan: Due to operational working capital needs.
3. Collateral provided by the recipient of the loan:
(1) Content: None
(2) Value (TWD thousand): 0
4. Recipient of the loan's most recent financial statements:
(1) Capital (TWD thousand): 845,421
(2) Accumulated profit/loss (TWD thousand): 347,906
5. Interest calculation method: Based on the lending rates of local banks in Thailand where the operation is located.
6. Repayment:
(1) Conditions: Repay principal and interest within 1 year from the first drawdown date.
(2) Date: 2027/04/06 (within 1 year from the first drawdown date)
7. Loan balance as of the date of occurrence (TWD thousand): 60,000
8. Ratio of loan balance to the net worth of the public company's most recent financial statements as of the date of occurrence: 7.29%
9. Source of funds loaned by the company: Parent company
10. Other matters that need to be specified: The above figures are calculated from the self-reported financial statements as of 2026/02/28.