MedFirst Healthcare Services lnc.

05/13/2022 | Press release | Distributed by Public on 05/13/2022 03:48

Fund loan form The company to Sinewy Choice Pharmaceuticals Co., Ltd

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Provided by: MedFirst Healthcare Services, Inc.
SEQ_NO 1 Date of announcement 2022/05/13 Time of announcement 17:37:23
Subject
 Fund loan form The company to Sinewy Choice
Pharmaceuticals Co., Ltd
Date of events 2022/05/13 To which item it meets paragraph 23
Statement
1.Date of occurrence of the event:2022/05/13
2.Funding recipient (1)Name(2)Relationship with lender
(3)Lending limit (thousand NTD)(4)Starting outstanding
balance (thousand NTD)(5)New loan (thousand NTD)(6)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(7)Outstanding
balance (thousand NTD) up to the date of occurrence
(8)Reason for new loan (thousand NTD):(1)Sinewy Choice
Pharmaceuticals Co., Ltd(2)Subsidiary(3)NT$121,310 thousands
(4)NT$30,000 thousands(5)NT$30,000 thousands(6)Yes(7)NT$60,000 thousands
(8)To meet the needs of Sinewy Choice Pharmaceuticals Co., Ltd
future business development.
3.For collaterals provided by the loan recipient, the
(1)Content(2)Value (thousand NTD):(1)None(2)0
4.For the latest financial reports of the loan recipient, the
(1)Capital (thousand NTD)(2)Cumulative gains/losses
(thousand NTD):(1)NT$28,000thousands(2)(7)NT$4,167 thousands
5.Method of calculation of interest:Not lower than Bank's short-term
borrowing rate,handle in accordance with the contract.
6.For repayment, the(1)Condition(2)Date:(1)Repayment at contract
expiry date(2)Contract expiry date
7.The amount of monetary loans extended to others as
of the date of occurrence (thousand NTD):NT$80,000 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:6.59
9.Sources of funds for the company to extend monetary
loans to others:The company
10.Any other matters that need to be specified:
The company loan of NT$30,000thousands to Sinewy Choice
Pharmaceuticals Co., Ltd will expire on May 28, 2022.
The contract is renewed in advance and announced to MOPS
after it is approved by the board of directors.