1589 Yung Chi-KY
A subsidiary of Yung Chi-KY has defaulted on a 45.721 million TWD bank loan due to liquidity issues, and is currently negotiating for an extension.
📋 Article Processing Timeline
- 📰 Published: May 26, 2026 at 06:31
- 🔍 Collected: May 26, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 20:21 (133h 49m after Collected)
Date: May 25, 115. Company: Yung Chi-KY. Subject: Announcement of subsidiary's inability to repay bank loans. Fact date: May 25, 115. Details: 1. Company: Yung Chi Energy Materials Co., Ltd. (Taiwan Branch). 2. Relationship: Subsidiary. 3. Ownership: 100%. 4. Date of default: May 25, 115. 5. Amount: 45,721,000 TWD. 6. Event: The subsidiary failed to repay a loan to CTBC Bank due to overall liquidity difficulties. 7. Measures: Negotiating with the creditor bank to extend the principal and interest. 8. Other: Future short-term loans may also face default if extensions or negotiations are unsuccessful.
FAQ
What is the default amount for Yung Chi-KY?
45.721 million TWD.