【MGI-KY】Announcement regarding the Company's endorsement guarantee for its subsidiary reaching the announcement standard of Article 25, Paragraph 1 of the Regulations Governing Loaning of Funds and Endorsement Guarantees by Publicly Issued Companies
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MGI-KY announced that it has provided an endorsement guarantee for its 100% owned subsidiary, MGI International Enterprise Co., Ltd., for the renewal of a bank credit line. The total amount of this guarantee has reached the announcement standard stipulated by the Regulations Governing Loaning of Funds and Endorsement Guarantees by Publicly Issued Companies, with the outstanding guarantee balance reaching 153.73% of net worth.