Poteen Announces Funds Lending to Its Subsidiary Under Article 22, Paragraph 1, Item 2 of the Handling Guidelines for Funds Lending and Guarantees by Publicly Issued Companies
Key facts
- Poteen Announces Funds Lending to Its Subsidiary Under Article 22, Paragraph 1, Item 2 of the Handling Guidelines for Funds Lending and Guarantees by Publicly Issued Companies
- Poteen has announced the provision of additional funds amounting to NT$11.663 million to its subsidiary, Crystal Success Materials Co., Ltd., to meet operational funding needs. The loan carries 0% annual interest and is repayable in full after one year.
- Source: TWSE
- Date: Tue Jun 16 2026 09:00:00 GMT+0900 (Japan Standard Time)
Direct answer
Poteen has announced the provision of additional funds amounting to NT$11.663 million to its subsidiary, Crystal Success Materials Co., Ltd., to meet operational funding needs. The loan carries 0% annual interest and is repayable in full after one year.
- Citation
- Poteen Announces Funds Lending to Its Subsidiary Under Article 22, Paragraph 1, Item 2 of the Handling Guidelines for Funds Lending and Guarantees by Publicly Issued Companies (Tue Jun 16 2026 09:00:00 GMT+0900 (Japan Standard Time)), TWSE
- Source
- TWSE
- Date
- Tue Jun 16 2026 09:00:00 GMT+0900 (Japan Standard Time)
AI Summary (NQ-processed)
Poteen has announced the provision of additional funds amounting to NT$11.663 million to its subsidiary, Crystal Success Materials Co., Ltd., to meet operational funding needs. The loan carries 0% annual interest and is repayable in full after one year.
AI Analysis
Frequently Asked Questions
- Q: What is the purpose of Poteen's fund lending?
- A: To provide strategic financial support for operational funding needs of its subsidiary, Crystal Success Materials.
- Q: Is this loan high-risk due to the subsidiary's deficit?
- A: While the subsidiary has accumulated deficits, the loan is considered manageable under group oversight.
- Q: What are the loan terms?
- A: 0% annual interest, full principal repayment after one year, no collateral required.