【Paiho】Announcement of Subsidiary's New Capital Lending Exceeding Article 22, Paragraph 1, Subparagraph 3 of "Regulations Governing the Loaning of Funds and Endorsements/Guarantees by Public Companies"
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AI Summary (NQ-processed)
Paiho Industrial Corp., a consolidated subsidiary of Paiho, has provided an additional loan of TWD 361.1 million (approximately USD 11.5 million) to another consolidated subsidiary, Vietnam Paiho Co., Ltd., to meet working capital needs. This increases the total outstanding loan to Vietnam Paiho to TWD 2.2607 billion, with the group's total capital lending reaching 25.54% of its net worth.