Kuo-Yang: Subsidiary Shen Yang Construction Announces Extension of Guarantee
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AI Summary (NQ-processed)
Kuo-Yang announced that its subsidiary, Shen Yang Construction Co., Ltd., has extended its endorsement guarantee for a loan to its joint investment partner, Tsang Hsin Construction Co., Ltd. The new guarantee amount is 1.09195 billion NTD, extending the total outstanding guarantee to 2.1839 billion NTD. The purpose is to extend the financing guarantee period.
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Frequently Asked Questions
- Q: Who is receiving the extended guarantee?
- A: Tsang Hsin Construction Co., Ltd., a joint investment partner.
- Q: What is the purpose of the extended guarantee?
- A: To extend the financing guarantee period.
- Q: What is the amount of the new guarantee and the total outstanding guarantee?
- A: The new guarantee amount is 1.09195 billion NTD, and the total outstanding guarantee is 2.1839 billion NTD.
- Q: What is the total guarantee limit provided by Kuo-Yang?
- A: The total guarantee limit is 49.087584 billion NTD.