[ITEQ] Announcement of New Endorsement/Guarantee for ITEQ Corporation (Thailand) LTD. Exceeding TWD 30M and 5% of Net Worth
ITEQ Corporation resolved on April 24, 2026, to provide a new endorsement/guarantee of approximately TWD 1.17 billion for its 100% owned Thai subsidiary to support its operating funds.
📋 Article Processing Timeline
- 📰 Published: April 24, 2026 at 09:00
- 🔍 Collected: April 25, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 25, 2026 at 09:01 (1h 1m after Collected)
1. Date of occurrence: 2026/04/24
2. Details of the guaranteed party:
(1) Name: ITEQ Corporation (Thailand) LTD.
(2) Relationship: 100% owned subsidiary.
(3) Limit of guarantee: 21,267,030 (k TWD)
(4) Previous balance: 1,765,680 (k TWD)
(5) New added amount: 1,174,754 (k TWD)
(6) Current balance: 2,940,434 (k TWD)
(7) Actual drawn amount: 2,056,891 (k TWD)
(8) Reason: Assisting the subsidiary in obtaining operating funds.
3. Collateral: None.
4. Financials of guaranteed party: Capital 998,832 (k TWD), Retained Earnings 25,819 (k TWD).
5. Total guarantee balance as % of ITEQ's net worth: 27.91%
6. Total of guarantees, long-term investments, and loans as % of net worth: 18.52%
2. Details of the guaranteed party:
(1) Name: ITEQ Corporation (Thailand) LTD.
(2) Relationship: 100% owned subsidiary.
(3) Limit of guarantee: 21,267,030 (k TWD)
(4) Previous balance: 1,765,680 (k TWD)
(5) New added amount: 1,174,754 (k TWD)
(6) Current balance: 2,940,434 (k TWD)
(7) Actual drawn amount: 2,056,891 (k TWD)
(8) Reason: Assisting the subsidiary in obtaining operating funds.
3. Collateral: None.
4. Financials of guaranteed party: Capital 998,832 (k TWD), Retained Earnings 25,819 (k TWD).
5. Total guarantee balance as % of ITEQ's net worth: 27.91%
6. Total of guarantees, long-term investments, and loans as % of net worth: 18.52%