KENDA: Announcement Regarding Matters to Be Publicly Reported According to Article 25 of the Regulations Governing the Lending of Funds and Endorsements/Guarantees by Publicly Issued Companies
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Kenda Rubber Industrial Co. has provided new guarantees totaling approximately US$5.13 million to nine European and US subsidiaries to meet their bank financing needs. This move aims to strengthen the overall financial foundation of the group and support its business operations.