Disclosure of Fund Loans and Endorsements/Guarantees per Article 22(1)(3) of Governing Regulations
Original: 依資金貸與及背書保證處理準則第22條第1項第3款公告
Summary
Yageo Corporation has filed a mandatory public announcement pursuant to Article 22, Paragraph 1, Subparagraph 3 of Taiwan's Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees. This provision requires disclosure when cumulative fund loans extended to third parties, or endorsements/guarantees provided on their behalf, cross a prescribed threshold relative to the company's net worth or paid-in capital. Investors should review the full filing on MOPS to assess the counterparty, amount, and associated credit risk exposure. Full body available on MOPS.
Full Translation
Subject line: 'Announcement pursuant to Article 22, Paragraph 1, Subparagraph 3 of the Regulations Governing the Loaning of Funds and Making of Endorsements/Guarantees.' Under Taiwan's FSC framework, listed companies are required to make a public disclosure each time their outstanding fund loans to third parties, or their aggregate endorsements/guarantees on behalf of others, reach or exceed a threshold defined in their internal handling procedures (commonly set as a percentage of net worth or paid-in capital). This filing signals that Yageo has reached such a threshold — indicating either new or increased intercompany/third-party fund lending or guarantee exposure. The identity of the borrower/guaranteed party, the loan or guarantee amount, and the applicable repayment or expiry terms are contained in the body of the announcement. [Body not available — subject line only. See MOPS for full announcement.]