Sincere Navigation Corporation

05/25/2022 | Press release | Distributed by Public on 05/25/2022 00:15

Revision of the Itemized List of Loans to Others for April 2022.

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Provided by: SINCERE NAVIGATION CORPORATION
SEQ_NO 1 Date of announcement 2022/05/25 Time of announcement 14:09:10
Subject
 Revision of the Itemized List of Loans to
Others for April 2022.
Date of events 2022/05/25 To which item it meets paragraph 51
Statement
1.Date of occurrence of the event:2022/05/25
2.Company name:Sincere Navigation Corporation
3.Relationship with the Company (please enter "the company itself"
or "subsidiaries"):the Company Itself
4.Reciprocal shareholding percentage:N/A.
5.Cause of occurrence:
 Revision of the Itemized List of Loans to
 Others for April 2022 of Heywood Limited,
 100% Subsidiary of the Company
6.Information items/ statements to be corrected:
 Itemized List of Loans to Others for April 2022.
7.Amounts/ contents/ number of page to be corrected:
 April 2022 before corrected
 1.)Heywood Limited Loans to Norley Corporation Inc.
    Maximum outstanding balance during the end of April 2022:
    NT$0 thousands
    Increase(decrease)amount of individual subsidiary
    during April 2022:NT$0 thousands
    Balance at the end of April 2022:NT$0 thousands
    Actual amount drawn down:NT$0 thousands
    Limit on loans granted to a single party:NT$0 thousands
    Ceiling on total loans granted:NT$0 thousands
 2.)Heywood Limited Loans to Sincere Navigation Corporation
    Actual amount drawn down:NT$1,621,400 thousands
8.Amounts/ contents/ number of page after correction:
 April 2022 after correction
 1.)Heywood Limited Loans to Norley Corporation Inc.
    Maximum outstanding balance during the end of April 2022:
    NT$442,200 thousands
    Increase(decrease)amount of individual subsidiary
    during April 2022:NT$442,200 thousands
    Balance at the end of April 2022:NT$442,200 thousands
    Actual amount drawn down:NT$442,200 thousands
    Limit on loans granted to a single party:NT$5,376,128 thousands
    Ceiling on total loans granted:NT$5,376,128 thousands
 2.)Heywood Limited Loans to Sincere Navigation Corporation
    Actual amount drawn down:NT$737,000 thousands
9.Countermeasures:Re-upload to M.O.P.S.
10.Any other matters that need to be specified:None.