【Paiho】Announcement of Subsidiary's New Capital Lending Exceeding Article 22, Paragraph 1, Subparagraph 3 of "Regulations Governing the Loaning of Funds and Endorsements/Guarantees by Public Companies"
Paiho Industrial Corp., a consolidated subsidiary of Paiho, has provided an additional loan of TWD 361.1 million (approximately USD 11.5 million) to another consolidated subsidiary, Vietnam Paiho Co., Ltd., to meet working capital needs. This increases the total outstanding loan to Vietnam Paiho to TWD 2.2607 billion, with the group's total capital lending reaching 25.54% of its net worth.
📋 Article Processing Timeline
- 📰 Published: May 7, 2026 at 09:00
- 🔍 Collected: May 8, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 8, 2026 at 08:02 (2 min after Collected)
1.Date of occurrence of the event: 2026/05/07
2.Recipient of capital lending:
(1)Company name: Vietnam Paiho Co., Ltd.
(2)Relationship with the company providing capital lending:
Both Vietnam Paiho Co., Ltd. and Paiho Industrial Corp., which provided the capital lending, are subsidiaries with a 49.8% indirect voting share held by the Company.
(3)Limit for capital lending (in thousands of NTD): 2,880,741
(4)Original outstanding capital lending balance (in thousands of NTD): 1,899,600
(5)New capital lending amount (in thousands of NTD): 361,100
(6)Is this capital lending authorized by the Board of Directors for the Chairman to disburse in installments or on a revolving basis to the same borrower: Yes
(7)Outstanding capital lending balance as of the date of occurrence (in thousands of NTD): 2,260,700
(8)Reason for this new capital lending: Working capital needs
3.Collateral provided by the recipient of capital lending:
(1)Content: None
(2)Value (in thousands of NTD): 0
4.Most recent financial statements of the recipient of capital lending:
(1)Capital (in thousands of NTD): 6,820,310
(2)Accumulated profit/loss (in thousands of NTD): -2,977,497
5.Interest calculation method: Appropriate interest rate adjusted based on actual borrowing situation
6.Repayment:
(1)Conditions: Can be repaid at any time / outstanding balance to be paid in full at maturity
(2)Date: Repayment within one year of the loan term, depending on cash flow status
7.Total outstanding capital lending as of the date of occurrence (in thousands of NTD): 3,403,885
8.Ratio of total outstanding capital lending to the net worth of the public company's most recent financial statements as of the date of occurrence: 25.54%
9.Source of capital lent by the company to others: Subsidiary itself
10.Other matters that need to be specified: Paiho Industrial Corp. provided new capital lending to Vietnam Paiho Co., Ltd. for USD 11,500 thousand (equivalent to NTD 361,100 thousand).
2.Recipient of capital lending:
(1)Company name: Vietnam Paiho Co., Ltd.
(2)Relationship with the company providing capital lending:
Both Vietnam Paiho Co., Ltd. and Paiho Industrial Corp., which provided the capital lending, are subsidiaries with a 49.8% indirect voting share held by the Company.
(3)Limit for capital lending (in thousands of NTD): 2,880,741
(4)Original outstanding capital lending balance (in thousands of NTD): 1,899,600
(5)New capital lending amount (in thousands of NTD): 361,100
(6)Is this capital lending authorized by the Board of Directors for the Chairman to disburse in installments or on a revolving basis to the same borrower: Yes
(7)Outstanding capital lending balance as of the date of occurrence (in thousands of NTD): 2,260,700
(8)Reason for this new capital lending: Working capital needs
3.Collateral provided by the recipient of capital lending:
(1)Content: None
(2)Value (in thousands of NTD): 0
4.Most recent financial statements of the recipient of capital lending:
(1)Capital (in thousands of NTD): 6,820,310
(2)Accumulated profit/loss (in thousands of NTD): -2,977,497
5.Interest calculation method: Appropriate interest rate adjusted based on actual borrowing situation
6.Repayment:
(1)Conditions: Can be repaid at any time / outstanding balance to be paid in full at maturity
(2)Date: Repayment within one year of the loan term, depending on cash flow status
7.Total outstanding capital lending as of the date of occurrence (in thousands of NTD): 3,403,885
8.Ratio of total outstanding capital lending to the net worth of the public company's most recent financial statements as of the date of occurrence: 25.54%
9.Source of capital lent by the company to others: Subsidiary itself
10.Other matters that need to be specified: Paiho Industrial Corp. provided new capital lending to Vietnam Paiho Co., Ltd. for USD 11,500 thousand (equivalent to NTD 361,100 thousand).