[Formosa Oil] Announcement Regarding Loan to Major Subsidiary Taiwan Ta Food Co., Ltd.

1. Date of Fact Occurrence: 115/06/11
2. Recipient of Loan:
(1) Company Name: Formosa Oil & Fats Co., Ltd.
(2) Relationship with the company providing the loan:
Lending Company: Taiwan Ta Food Co., Ltd.
Borrowing Company - A subsidiary of Formosa Oil & Fats Co., Ltd.
(3) Loan Limit (in thousands of NT$): 267,369
(4) Balance of original loan (in thousands of NT$): 0
(5) Amount of new loan this time (in thousands of NT$): 260,000
(6) Is this a loan authorized by the board of directors for the same borrower to be disbursed or utilized in installments or cyclically? Yes
(7) Balance of loan as of the date of fact occurrence (in thousands of NT$): 260,000
(8) Reason for the new loan:
Operational turnover
3. Collateral provided by the borrowing company:
(1) Content:
None
(2) Value (in thousands of NT$): 0
4. Latest financial statements of the borrowing company:
(1) Capital (in thousands of NT$): 2,422,683
(2) Accumulated profit or loss (in thousands of NT$): 107,080
5. Interest Calculation Method:
Annual interest rate of 2.025%
6. Repayment:
(1) Conditions:
The term for each loan shall be no longer than 1 year.
(2) Date:
Repayment upon maturity
7. Loan balance as of the date of fact occurrence (in thousands of NT$):
260,000
8. Ratio of the loan balance as of the date of fact occurrence to the net worth of the publicly issued company in its latest financial statements:
6.47
9. Source of funds loaned by the company:
Subsidiary itself
10. Other matters to be stated:
The latest financial statements are the financial statements for the first quarter of 115.
Keywords: Material Information