Newly Added Endorsements/Guarantees Reach Mandatory Disclosure Threshold (Art. 25-1-4)
Original: 公告本公司新增背書保證金額達處理準則第25條第1項 第4款應公告相關事宜
Summary
Wistron announces that the cumulative amount of newly added endorsements and guarantees it has provided has reached the threshold triggering mandatory public disclosure under Article 25, Paragraph 1, Subparagraph 4 of Taiwan's Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies. Such disclosures are required when a company's total guarantee exposure crosses a prescribed percentage of its net worth. Investors should monitor the scale of contingent liabilities assumed, as large guarantee commitments can affect credit risk and balance-sheet strength. Full body available on MOPS.
Full Translation
Announcement that the company's newly added endorsement and guarantee amounts have reached the level requiring disclosure pursuant to Article 25, Paragraph 1, Subparagraph 4 of the applicable Processing Rules. Under Taiwan's Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies, listed companies must publicly announce whenever their cumulative new endorsements or guarantees cross specified thresholds (typically tied to a percentage of net worth or paid-in capital). This filing signals that Wistron's aggregate newly issued guarantee commitments — which may cover subsidiaries, affiliates, or third parties — have crossed such a threshold and must be disclosed to the market. The guarantees represent contingent off-balance-sheet obligations that could crystallize into actual liabilities if the guaranteed parties default. [Body not available — subject line only. See MOPS for full announcement.]