【Yih Tai】Announcement on behalf of subsidiary regarding compliance with Article 22, Paragraph 1, Subparagraph 1 of the Regulations Governing the Loaning of Funds and Endorsements/Guarantees by Public Companies
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Yih Tai Electric Wire & Cable announced that the balance of funds loaned to its subsidiary, Yu Yi Co., Ltd., has reached 27.15% of the net value in its latest financial report. This is to meet working capital demands; against a loan limit of NT$309,080 thousand, the current outstanding loan balance is NT$18,999 thousand.