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【Kwangyuen】Announcement pursuant to Article 22, Paragraph 1, Subparagraph 3 of the Regulations Governing the Lending of Funds and Endorsements/Guarantees by Publicly Issued Companies - Business Relationship

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Kwangyuen announced that it has provided loans to its subsidiaries, ATLANTA GARMENT MANUFACTURING COMPANY LLC and Sidney Apparels LLC, for their operational needs. This has increased the outstanding loan balances to both subsidiaries.

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