Endorsement/Guarantee Balances Reach Mandatory Disclosure Thresholds Under Article 25 of Applicable Regulations
Original: 公告本公司背書保證金額達「公開發行公司資金貸與及 背書保證處理準則」第二十五條第一項第二款、第三款 及第四款之公告標準
Summary
Inventec (2356) discloses that its aggregate endorsement and guarantee balances have reached the public disclosure thresholds prescribed under Article 25, Paragraph 1, Subparagraphs 2, 3, and 4 of Taiwan's Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies. This mandatory filing alerts investors to elevated contingent liability exposure, as the company's outstanding guarantees have crossed one or more regulatory percentage-of-net-worth trigger levels. Full body available on MOPS.
Full Translation
Announcement that this company's endorsement and guarantee amounts have reached the disclosure standards set out in Article 25, Paragraph 1, Subparagraphs 2, 3, and 4 of the 'Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies.' Under Taiwan's regulatory framework, a listed company must make a public announcement when its total outstanding endorsements/guarantees breach specified thresholds relative to its net worth (commonly: aggregate guarantees exceeding 50% of net worth; guarantees extended to any single counterparty exceeding 20% of net worth; and guarantees to a single party both exceeding NT$10 million and 10% of net worth, among other triggers). Reaching multiple subparagraph thresholds simultaneously indicates that Inventec's contingent guarantee obligations are substantial across more than one measurement criterion. Investors should review the full filing for the exact amounts, counterparties, and collateral details. [Body not available — subject line only. See MOPS for full announcement.]