Announcement Regarding Capital Loan by Airmate-KY (1626) Subsidiary to Parent Company
Airmate-KY (1626) subsidiary, Weiang Development, has decided to provide a NT$100 million capital loan to its ultimate parent company, Airmate (Cayman) International, for operational purposes. The loan term is one year.
📋 Article Processing Timeline
- 📰 Published: May 21, 2026 at 06:31
- 🔍 Collected: May 21, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 21, 2026 at 07:49 (1h 17m after Collected)
Announcement Date: 1150521
Statement Date: 1150520
Statement Time: 154625
Company Code: 1626
Company Name: Airmate-KY
Subject: Announcement by subsidiary Weiang Development regarding the handling of capital loans and endorsements/guarantees in accordance with Article 22, Paragraph 1, Subparagraphs 2 and 3 of the Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies.
Applicable Provision: Clause 23
Fact Occurrence Date: 115/05/20
Explanation:
1. Fact Occurrence Date: 115/05/20
2. Recipient of the Loan:
(1) Company Name: Airmate (Cayman) International Ltd.
(2) Relationship to the loan-providing company: Ultimate parent company
(3) Limit of loan of funds (in thousands of NTD): 1,302,043
(4) Original balance of loan of funds (in thousands of NTD): 936,000
(5) Amount of new loan of funds (in thousands of NTD): 100,000
(6) Whether the board of directors has authorized the chairman to make loans in installments or for revolving use: Yes
(7) Balance of loan of funds up to the fact occurrence date (in thousands of NTD): 1,036,000
(8) Reason for the new loan of funds: Operational working capital
3. Details of collateral provided by the loan recipient:
(1) Content: None
(2) Value (in thousands of NTD): 0
4. Financial status of the loan recipient based on the latest financial statements:
(1) Capital (in thousands of NTD): 1,498,217
(2) Accumulated profit/loss (in thousands of NTD): -167,351
5. Interest calculation method: None
6. Repayment:
(1) Conditions: None
(2) Date: Loan term is one year, processed in accordance with the "Operating Procedures for Loaning Funds to Others." Any continuation or new loans beyond this term must be resubmitted to the Board of Directors for resolution.
7. Total balance of loan of funds up to the fact occurrence date (in thousands of NTD): 1,577,245
8. Ratio of total loan balance to net worth in the latest financial statements: 57.79%
9. Source of funds for the loan: Subsidiary itself, financial institutions
10. Other matters: (Omitted)
Statement Date: 1150520
Statement Time: 154625
Company Code: 1626
Company Name: Airmate-KY
Subject: Announcement by subsidiary Weiang Development regarding the handling of capital loans and endorsements/guarantees in accordance with Article 22, Paragraph 1, Subparagraphs 2 and 3 of the Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies.
Applicable Provision: Clause 23
Fact Occurrence Date: 115/05/20
Explanation:
1. Fact Occurrence Date: 115/05/20
2. Recipient of the Loan:
(1) Company Name: Airmate (Cayman) International Ltd.
(2) Relationship to the loan-providing company: Ultimate parent company
(3) Limit of loan of funds (in thousands of NTD): 1,302,043
(4) Original balance of loan of funds (in thousands of NTD): 936,000
(5) Amount of new loan of funds (in thousands of NTD): 100,000
(6) Whether the board of directors has authorized the chairman to make loans in installments or for revolving use: Yes
(7) Balance of loan of funds up to the fact occurrence date (in thousands of NTD): 1,036,000
(8) Reason for the new loan of funds: Operational working capital
3. Details of collateral provided by the loan recipient:
(1) Content: None
(2) Value (in thousands of NTD): 0
4. Financial status of the loan recipient based on the latest financial statements:
(1) Capital (in thousands of NTD): 1,498,217
(2) Accumulated profit/loss (in thousands of NTD): -167,351
5. Interest calculation method: None
6. Repayment:
(1) Conditions: None
(2) Date: Loan term is one year, processed in accordance with the "Operating Procedures for Loaning Funds to Others." Any continuation or new loans beyond this term must be resubmitted to the Board of Directors for resolution.
7. Total balance of loan of funds up to the fact occurrence date (in thousands of NTD): 1,577,245
8. Ratio of total loan balance to net worth in the latest financial statements: 57.79%
9. Source of funds for the loan: Subsidiary itself, financial institutions
10. Other matters: (Omitted)
FAQ
What is the purpose of Airmate-KY's subsidiary loan?
The loan from the subsidiary, Weiang Development, is intended to supplement the working capital of the ultimate parent company, Airmate (Cayman) International.
Is interest charged on this loan?
No interest is charged because the recipient is the 100% owned ultimate parent company.
Where can this information be verified?
It is officially disclosed through public market data such as the Taiwan Stock Exchange or the company's IR website.