Acelon Chemicals & Fiber: The announcement of the amount of new fund loans reaches NT$10 million or more, and reaches 2% or more of Acelon Cooperation’s latest financial net worth.







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Supplied by: Acelon Chemicals & Fiber Corporation

SEQ_NO

4

announcement date

2022/03/10

Announcement time

18:41:31

Topic

 Announcemnt of the amount of new loans of funds
reaches NT$10 million or more, and reaches 2 percent or
more of Acelon Cooperation's latest financial net worth.

Date of events

2022/03/10

What item it responds to

paragraph 23

Declaration

1.Date of occurrence of the event:2022/03/10
2.Funding recipient name, relationship with lender, lending limit
(thousand NTD), starting outstanding balance (thousand NTD), new loan
(thousand NTD), is it part of a scheduled allocation or revolving limit for
the same recipient that the chairman is authorized by the board of directors
to allocate, outstanding balance (thousand NTD) up to the date of
occurrence, reason for new loan (thousand NTD):
(1)Name:Acegreen Eco-material Technology Co., Ltd.
(2)Relationship with lender: 100% wholly owned subsidiary of the Company.
(3)Lending limit (thousand NTD): NT$175,623
(4)Starting outstanding balance (thousand NTD):NT$111,000
(5)New loan (thousand NTD): NT$60,000
(6)Is it part of a scheduled allocation or revolving limit for the same
recipient that the chairman is authorizedby the board of directors
to allocate:Yes .
(7)Outstanding balance (thousand NTD) up to the date
of occurrence: NT$171,000
(8)Reason for new loan (thousand NTD): Working capital.
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):None.
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
(1) Capital (thousand NTD): NT$520,000
(2) Cumulative gains/loss es (thousand NTD):NT$-183,517
5.Method of calculation of interest:
1.85% interest calculated by year
6.For repayment, the condition and the date:
(1) Condition:According to the contract.
(2) Date:According to the contract.
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):171,000
8.The total amount of monetary loans extended to others as a percentage of
the public company's net worth on the latest financial statements as of the
date of occurrence:9.73
9.Sources of funds for the company to extend monetary loans to others:
Self owned funds and bank funds.
10.Any other matters that need to be specified:None.

Warning

Acelon Chemicals & Fiber Corp. published this content on March 10, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on March 10, 2022 1:23:28 PM UTC.

Public now 2022

All news about ACELON CHEMICALS & FIBER CORPORATION

Sales 2020 2,635 million
93.0 million
93.0 million
Net result 2020 42.5 million
1.50M
1.50M
Net debt 2020 963M
34.0 million
34.0 million
2020 PER ratio 51.3x
2020 performance
Capitalization 1,617 million
57.1M
57.1M
EV / Sales 2019 0.66x
EV / Sales 2020 1.19x
# of employees 521
Floating 63.6%

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