2637 Wisdom Marine: Announcement of Additional Financial Guarantee
Wisdom Marine (2637) has announced an increase in its financial guarantee for its subsidiary, Wisdom Marine Lines S.A., exceeding NT$30 million and 5% of its net worth. The additional amount is NT$2.84 billion for dividend financing. The total outstanding guarantee is NT$6.78 billion.
📋 Article Processing Timeline
- 📰 Published: May 23, 2026 at 06:31
- 🔍 Collected: May 23, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 21:05 (206h 33m after Collected)
1. Date of event: 115/05/22. 2. Guaranteed party: (1) Name: Wisdom Marine Lines S.A. (2) Relationship: Subsidiary (3) Limit (in thousands): 25,206,094 (4) Existing balance (in thousands): 3,939,180 (5) New amount (in thousands): 2,843,550 (6) Total balance (in thousands): 6,782,730 (7) Actual usage (in thousands): 2,143,303 (8) Reason: Dividend financing. 3. Collateral: (1) Content: 90% deposit/investment collateral required if usage exceeds 80% of credit line (2) Value (in thousands): 511,839. 4. Financials of guaranteed party: (1) Capital (in thousands): 16,574,304 (2) Accumulated profit/loss (in thousands): 26,497,865. 5. Release condition: Repayment date. 6. Total limit (in thousands): 302,473,122. 7. Total balance (in thousands): 6,782,730. 8. Ratio to net worth: 13.45%. 9. Total ratio: 106.03%. 10. Other: Collateral value is estimated.
FAQ
What is a financial guarantee?
It is a commitment by a company to cover the debt obligations of another entity.