AMAX-KY: Announcement of Reporting Loan to Others and Endorsements/Guarantees in Accordance with Article 22, Paragraph 1, Subparagraph 3 of 'Regulations Governing Loaning of Funds and Endorsements/Guarantees by Public Companies'
AMAX-KY announced on May 13, 2026, a new loan of TWD 63.32 million to its 100% indirectly held subsidiary, AMAX Engineering Corporation, for operational needs, maintaining financial flexibility within the group.
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 09:00
- 🔍 Collected: May 14, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 14, 2026 at 10:22 (2h 22m after Collected)
1. Date of occurrence of the event: 2026/05/13
2. Company receiving the loan:
(1) Company name: AMAX Engineering Corporation
(2) Relationship with the company providing the loan: 100% indirectly held subsidiary of the company
(3) Loan limit (in thousands of TWD): 955,601
(4) Original loan balance (in thousands of TWD): 0
(5) Amount of new loan (in thousands of TWD): 63,320
(6) Is this a loan authorized by the Board of Directors for multiple disbursements or revolving use to the same borrower: Yes
(7) Loan balance as of the date of occurrence of the event (in thousands of TWD): 63,320
(8) Reason for the new loan: For the operational needs of the subsidiary, to reserve credit and maintain financial flexibility.
3. Collateral provided by the company receiving the loan:
(1) Content: None
(2) Value (in thousands of TWD): 0
4. Latest financial statements of the company receiving the loan:
(1) Capital (in thousands of TWD): 848,824
(2) Cumulative retained earnings (in thousands of TWD): 1,341,157
5. Interest calculation method: As per contract.
6. Repayment:
(1) Conditions: As per contract.
(2) Date: As per contract.
7. Loan balance as of the date of occurrence of the event (in thousands of TWD): 379,920
8. Ratio of loan balance to net worth of the public company's latest financial statements as of the date of occurrence of the event: 15.90%
9. Source of funds lent by the company: Parent company
10. Other matters that should be specified: The accounting exchange rate for April 2026 is calculated at 1 USD to 31.6600 TWD.
2. Company receiving the loan:
(1) Company name: AMAX Engineering Corporation
(2) Relationship with the company providing the loan: 100% indirectly held subsidiary of the company
(3) Loan limit (in thousands of TWD): 955,601
(4) Original loan balance (in thousands of TWD): 0
(5) Amount of new loan (in thousands of TWD): 63,320
(6) Is this a loan authorized by the Board of Directors for multiple disbursements or revolving use to the same borrower: Yes
(7) Loan balance as of the date of occurrence of the event (in thousands of TWD): 63,320
(8) Reason for the new loan: For the operational needs of the subsidiary, to reserve credit and maintain financial flexibility.
3. Collateral provided by the company receiving the loan:
(1) Content: None
(2) Value (in thousands of TWD): 0
4. Latest financial statements of the company receiving the loan:
(1) Capital (in thousands of TWD): 848,824
(2) Cumulative retained earnings (in thousands of TWD): 1,341,157
5. Interest calculation method: As per contract.
6. Repayment:
(1) Conditions: As per contract.
(2) Date: As per contract.
7. Loan balance as of the date of occurrence of the event (in thousands of TWD): 379,920
8. Ratio of loan balance to net worth of the public company's latest financial statements as of the date of occurrence of the event: 15.90%
9. Source of funds lent by the company: Parent company
10. Other matters that should be specified: The accounting exchange rate for April 2026 is calculated at 1 USD to 31.6600 TWD.