BizLink Holding Inc.

08/26/2024 | Press release | Distributed by Public on 08/26/2024 03:02

Bizlink announces according to Regulations Governing Loaning of Funds and Making of Endorsements/ Guarantees -item 1 of paragraph 3, Article 22

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Provided by: BizLink Holding Inc.
SEQ_NO 2 Date of announcement 2024/08/26 Time of announcement 17:00:48
Subject
 Bizlink announces according to Regulations
Governing Loaning of Funds and Making of Endorsements/
Guarantees -item 1 of paragraph 3, Article 22
Date of events 2024/08/26 To which item it meets paragraph 23
Statement
1.Date of occurrence of the event:2024/08/26
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):
A
   Funding recipient name:BIZLINK SPEEDY PTE. LTD.
   (1)Relationship:BIZLINK SPEEDY PTE. LTD. is 100% owned
      by BizLink Holding Inc.
   (2)Lending limit:NTD 10,496,744 thousands
   (3)Starting outstanding balance:NTD 3,617,806 thousands
   (4)New loan:NTD 2,136,600 thousands
   (5)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:No
   (6)Outstanding balance up to the date of occurrence :
       NTD 5,754,406 thousands
   (7)Reason for new loan: For Operation.
B
   Funding recipient name:BIZLINK SPEEDY PTE. LTD.
   (1)Relationship:BIZLINK SPEEDY PTE. LTD. is 100% owned
      by BizLink Holding Inc.
   (2)Lending limit:NTD 10,496,744 thousands
   (3)Starting outstanding balance:NTD 5,754,406 thousands
   (4)New loan:NTD 712,200 thousands
   (5)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:Yes
   (6)Outstanding balance up to the date of occurrence :
       NTD 6,466,606  thousands
   (7)Reason for new loan: For Operation.
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):None;NTD 0 thousands
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
 Capital: NTD 15,368,899 thousands
 Cumulative gains/losses: NTD 9,247,220 thousands
5.Method of calculation of interest:
refer to market rates
6.For repayment, the condition and the date:
 Conditions:Early repayment and installments are allowed
 Payment date:depend on contract terms,one year
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):NTD 17,379,528 thousands
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:66.23 %
9.Sources of funds for the company to extend monetary loans to others:
 Other
10.Any other matters that need to be specified:Readily available cash