Kuan Tien Steel Announces Subsidiary Kuan Tien Investment Development Co., Ltd.'s Loan Balance Reaches Disclosure Threshold Under Article 22, Paragraph 1, Subparagraph 3 of Regulations Governing Loaning of Funds and Endorsements/Guarantees by Public Companies
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Kuan Tien Steel's subsidiary, Kuan Tien Investment Development, has extended intercompany loans totaling 218 million thousand NTD to its parent company and related subsidiaries, triggering the public company disclosure threshold. The loans are primarily for operational turnover and short-term financing needs.