Zod-KY Announces Subsidiary's Additional Loan to Parent Company
Zod-KY announced that its subsidiary, Zod-NICE (Guangzhou) Beauty Cosmetics Co., Ltd., provided an additional loan of NT$184,680,000 to its parent company, Zod-NICE Group Co., Ltd., on May 15, 2026. The total outstanding balance after this addition is NT$184,680,000. The loan is for effective group fund utilization and operational turnover, carries an annual interest rate of 2.41%, and is due in one year or can be repaid early.
📋 Article Processing Timeline
- 📰 Published: May 16, 2026 at 12:57
- 🔍 Collected: May 16, 2026 at 12:57 (0 min after Published)
- 🤖 AI Analyzed: May 16, 2026 at 14:45 (1h 48m after Collected)
Zod-KY announced on May 15, 2026, that its subsidiary, Zod-NICE (Guangzhou) Beauty Cosmetics Co., Ltd., has provided an additional loan to its parent company, Zod-NICE Group Co., Ltd. The loan limit is NT$535,967,000, with a previous balance of NT$0. The newly added loan amount is NT$184,680,000, bringing the total outstanding balance to NT$184,680,000 as of the fact occurrence date. This additional loan is for effective group fund utilization and operational turnover. The loan accrues interest at an annual rate of 2.41% and has a repayment term of one year or early repayment. The subsidiary indirectly holds 100% of the parent company's equity. The total outstanding loan balance as of the fact occurrence date is NT$624,280,000, representing 38.72% of the company's net worth.
FAQ
Which subsidiary provided the loan?
Zod-NICE (Guangzhou) Beauty Cosmetics Co., Ltd.
Who is the recipient of the loan?
Zod-NICE Group Co., Ltd. (parent company).
What is the amount of the newly added loan?
NT$184,680,000.
What is the total outstanding loan balance after this addition?
NT$184,680,000.
What is the interest rate and repayment term?
The loan carries an annual interest rate of 2.41% and is due in one year or can be repaid early.