[Patec-KY] Announces Significant Loan Balance to a Single Enterprise by Key Subsidiary Patec Pte. Ltd., Exceeding 10% of Latest Financial Statement Net Worth, with New Loan Amount Exceeding NT$10 Million and 2% of Latest Financial Statement Net Worth.
Patec Pte. Ltd., a subsidiary of 百達-KY, has announced a new loan of 49,636 KWD to its affiliate Kabam Pte. Ltd. for operational needs. This brings the total loan balance to 266,879 KWD, exceeding 10% of the company's net worth.
📋 Article Processing Timeline
- 📰 Published: April 20, 2026 at 09:00
- 🔍 Collected: April 21, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 21, 2026 at 09:34 (1h 34m after Collected)
1. Fact Date: 115/04/20
2. Lendee:
(1) Company Name: Kabam Pte. Ltd.
(2) Relationship with lender: 69.20% owned subsidiary
(3) Loan Limit (KWD): 384,274
(4) Original Loan Balance (KWD): 217,243
(5) New Loan Amount (KWD): 49,636
(6) Is this a loan authorized by the board for phased or revolving use by the chairman to the same borrower: Yes
(7) Loan Balance as of Fact Date (KWD): 266,879
(8) Reason for new loan: Operational turnover
3. Collateral provided by the borrower:
(1) Contents: None.
(2) Value (KWD): 0
4. Latest financial statement of the borrower:
(1) Capital (KWD): 180,977
(2) Accumulated Profit/Loss (KWD): -442,389
5. Interest Calculation Method: Calculated based on the Singapore Overnight Average Rate (SORA) of 0.8024% as of March 5, 2026, plus a 1% spread.
6. Repayment:
(1) Conditions: None.
(2) Date: No later than 2027/03/31
7. Loan balance as of fact date (KWD): 1,102,611
8. Ratio of loan balance as of fact date to the publicly offered company's latest financial statement net worth: 50.34
9. Source of funds lent by the company: Subsidiary itself
10. Other matters to be disclosed: None.
2. Lendee:
(1) Company Name: Kabam Pte. Ltd.
(2) Relationship with lender: 69.20% owned subsidiary
(3) Loan Limit (KWD): 384,274
(4) Original Loan Balance (KWD): 217,243
(5) New Loan Amount (KWD): 49,636
(6) Is this a loan authorized by the board for phased or revolving use by the chairman to the same borrower: Yes
(7) Loan Balance as of Fact Date (KWD): 266,879
(8) Reason for new loan: Operational turnover
3. Collateral provided by the borrower:
(1) Contents: None.
(2) Value (KWD): 0
4. Latest financial statement of the borrower:
(1) Capital (KWD): 180,977
(2) Accumulated Profit/Loss (KWD): -442,389
5. Interest Calculation Method: Calculated based on the Singapore Overnight Average Rate (SORA) of 0.8024% as of March 5, 2026, plus a 1% spread.
6. Repayment:
(1) Conditions: None.
(2) Date: No later than 2027/03/31
7. Loan balance as of fact date (KWD): 1,102,611
8. Ratio of loan balance as of fact date to the publicly offered company's latest financial statement net worth: 50.34
9. Source of funds lent by the company: Subsidiary itself
10. Other matters to be disclosed: None.