Cyntec-KY Announces Board Resolution to Sign Syndicated Loan Agreement with Banking Group
Cyntec-KY announced its decision to enter into a syndicated loan agreement with a banking group led by Taipei Fubon Commercial Bank for a maximum of NT$2.8 billion over five years. This financing is intended to cover the transaction costs for acquiring 100% equity in Pin-Gu Enterprise and its related companies.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 09:00
- 🔍 Collected: May 9, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 9, 2026 at 08:38 (38 min after Collected)
1. Date of occurrence of the event: 115/05/08
2. Counterparty to the contract or commitment: A syndicate of banks with Taipei Fubon Commercial Bank as the lead arranger.
3. Relationship with the company: None.
4. Start and end date of the contract or commitment (or termination date): From the date of first drawdown until the end of three years, extendable by two years with approval.
5. Main content (not applicable for termination): A five-year syndicated loan agreement for a maximum total amount of NT$2.8 billion.
6. Restrictive clauses (not applicable for termination): Handled in accordance with the syndicated loan agreement.
7. Commitments (not applicable for termination): Handled in accordance with the syndicated loan agreement.
8. Other important agreements (not applicable for termination): Handled in accordance with the syndicated loan agreement.
9. Impact on the company's finances and operations: Transaction payment for acquiring 100% equity of Pin-Gu Enterprise and related companies.
10. Specific purpose: Transaction payment for acquiring 100% equity of Pin-Gu Enterprise and related companies.
11. Other matters that should be specified (if the subject of the event or resolution is a public company or above, this material information also complies with Article 7, Paragraph 8 of the Enforcement Rules of the Securities and Exchange Act, which stipulates matters that have a significant impact on shareholders' equity or securities prices): Authorize the chairman to represent the group in signing the syndicated loan agreement and other related documents with the syndicated loan bank group.
Keywords: Material Information
2. Counterparty to the contract or commitment: A syndicate of banks with Taipei Fubon Commercial Bank as the lead arranger.
3. Relationship with the company: None.
4. Start and end date of the contract or commitment (or termination date): From the date of first drawdown until the end of three years, extendable by two years with approval.
5. Main content (not applicable for termination): A five-year syndicated loan agreement for a maximum total amount of NT$2.8 billion.
6. Restrictive clauses (not applicable for termination): Handled in accordance with the syndicated loan agreement.
7. Commitments (not applicable for termination): Handled in accordance with the syndicated loan agreement.
8. Other important agreements (not applicable for termination): Handled in accordance with the syndicated loan agreement.
9. Impact on the company's finances and operations: Transaction payment for acquiring 100% equity of Pin-Gu Enterprise and related companies.
10. Specific purpose: Transaction payment for acquiring 100% equity of Pin-Gu Enterprise and related companies.
11. Other matters that should be specified (if the subject of the event or resolution is a public company or above, this material information also complies with Article 7, Paragraph 8 of the Enforcement Rules of the Securities and Exchange Act, which stipulates matters that have a significant impact on shareholders' equity or securities prices): Authorize the chairman to represent the group in signing the syndicated loan agreement and other related documents with the syndicated loan bank group.
Keywords: Material Information