Darfon: Subsidiary Fairly Bike Manufacturing Announces Loan to KENSTONE VIETNAM
Fairly Bike Manufacturing, a subsidiary of Darfon, will provide an additional loan of NT$ 31.99 million to its Vietnamese subsidiary for working capital, bringing the total loan balance to NT$ 159.93 million.
📋 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 08:27 (27 min after Collected)
1. Date of occurrence: April 24, 2026.
2. Borrower information: KENSTONE VIETNAM COMPANY LIMITED (A subsidiary of Fairly Bike Manufacturing).
3. Loan details: New loan amount of NT$ 31,985k. Total balance for this borrower reaches NT$ 159,925k. Limit of loan is NT$ 179,502k.
4. Purpose: Working capital requirement.
5. Interest rate: 5% per annum, adjustable quarterly based on market rates.
6. Repayment terms: Principal and interest due at maturity (one year from first disbursement), with options for early repayment.
7. Financial status of borrower: Capital of NT$ 983,614k; Accumulated loss of NT$ 344,594k.
8. Ratio of total loans to net worth of parent: 26.13%.
9. Source of funds: Internal funds of the subsidiary.
2. Borrower information: KENSTONE VIETNAM COMPANY LIMITED (A subsidiary of Fairly Bike Manufacturing).
3. Loan details: New loan amount of NT$ 31,985k. Total balance for this borrower reaches NT$ 159,925k. Limit of loan is NT$ 179,502k.
4. Purpose: Working capital requirement.
5. Interest rate: 5% per annum, adjustable quarterly based on market rates.
6. Repayment terms: Principal and interest due at maturity (one year from first disbursement), with options for early repayment.
7. Financial status of borrower: Capital of NT$ 983,614k; Accumulated loss of NT$ 344,594k.
8. Ratio of total loans to net worth of parent: 26.13%.
9. Source of funds: Internal funds of the subsidiary.