Dinggu-KY Subsidiary Wealthy Joy Co., Ltd. Approves Funding Loan Facility
Key facts
- Dinggu-KY Subsidiary Wealthy Joy Co., Ltd. Approves Funding Loan Facility
- Wealthy Joy Co., Ltd., a subsidiary of Dinggu-KY, has approved a new funding loan facility for its subsidiary, Fule International Limited. The total loan balance reaches 2.526 billion TWD, representing 55.58% of the parent company's net assets.
- Source: PR Times
- Date: June 22, 2026
Direct answer
Wealthy Joy Co., Ltd., a subsidiary of Dinggu-KY, has approved a new funding loan facility for its subsidiary, Fule International Limited. The total loan balance reaches 2.526 billion TWD, representing 55.58% of the parent company's net assets.
- Citation
- Dinggu-KY Subsidiary Wealthy Joy Co., Ltd. Approves Funding Loan Facility (June 22, 2026), PR Times
- Source
- PR Times
- Date
- June 22, 2026
Wealthy Joy Co., Ltd., a subsidiary of Dinggu-KY, has approved a new funding loan facility for its subsidiary, Fule International Limited. The total loan balance reaches 2.526 billion TWD, representing 55.58% of the parent company's net assets.
📋 Article Processing Timeline
- 📰 Published: June 22, 2026 at 09:00
- 🔍 Collected: June 23, 2026 at 17:00 (32h 0m after Published)
- 🤖 AI Analyzed: June 23, 2026 at 17:49 (48 min after Collected)
1. Date of Fact: 115/06/22
2. Recipient of Loan Funds:
(1) Company Name: Fule International Limited
(2) Relationship to Lending Entity: Subsidiary of Wealthy Joy Co., Ltd.
(3) Loan Limit (in thousand TWD): 22,917,357
(4) Previous Loan Balance (in thousand TWD): 1,263,164
(5) Amount of New Loan (in thousand TWD): 1,263,164
(6) Whether the Board authorized the Chairman to make multiple or revolving loans to the same borrower: No
(7) Loan Balance as of Fact Date (in thousand TWD): 2,526,328
(8) Reason for New Loan: Capital Financing
3. Collateral Provided by Borrower:
(1) Description: None
(2) Value (in thousand TWD): 0
4. Latest Financial Statement of Borrower:
(1) Capital (in thousand TWD): 10,297,945
(2) Accumulated Deficit (in thousand TWD): -11,527,228
5. Interest Calculation Method: None
6. Repayment Terms:
(1) Conditions: None
(2) Date: 2036/6/21
7. Total Loan Balance as of Fact Date (in thousand TWD): 25,474,298
8. Ratio of Loan Balance to Parent Company's Net Assets in Latest Financial Statement: 55.58%
9. Source of Loan Funds: Subsidiary's own funds
10. Other Disclosures: Exchange rate as of May 31, 2026, between USD and TWD is applied
2. Recipient of Loan Funds:
(1) Company Name: Fule International Limited
(2) Relationship to Lending Entity: Subsidiary of Wealthy Joy Co., Ltd.
(3) Loan Limit (in thousand TWD): 22,917,357
(4) Previous Loan Balance (in thousand TWD): 1,263,164
(5) Amount of New Loan (in thousand TWD): 1,263,164
(6) Whether the Board authorized the Chairman to make multiple or revolving loans to the same borrower: No
(7) Loan Balance as of Fact Date (in thousand TWD): 2,526,328
(8) Reason for New Loan: Capital Financing
3. Collateral Provided by Borrower:
(1) Description: None
(2) Value (in thousand TWD): 0
4. Latest Financial Statement of Borrower:
(1) Capital (in thousand TWD): 10,297,945
(2) Accumulated Deficit (in thousand TWD): -11,527,228
5. Interest Calculation Method: None
6. Repayment Terms:
(1) Conditions: None
(2) Date: 2036/6/21
7. Total Loan Balance as of Fact Date (in thousand TWD): 25,474,298
8. Ratio of Loan Balance to Parent Company's Net Assets in Latest Financial Statement: 55.58%
9. Source of Loan Funds: Subsidiary's own funds
10. Other Disclosures: Exchange rate as of May 31, 2026, between USD and TWD is applied
FAQ
Who approved this loan facility?
As a significant transaction, it was approved by the board of directors under Taiwan securities regulations.
Why does Fule International have a large accumulated deficit?
It is in the initial investment phase of new real estate projects, leading to temporary losses.
Which exchange rate is used?
The USD to TWD exchange rate as of May 31, 2026, is applied for conversion.
How does this loan affect consolidated financials?
It may require loan loss provisions, potentially impacting reported profits.
Why are there no repayment terms?
The loan supports flexible intra-group capital management, with no immediate repayment obligation.