[Synnex] Announcement by Synnex Global Ltd. on Board of Directors' Resolution to Increase Capital Loans Exceeding 2% of Company's Latest Financial Statement Net Worth
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Synnex Global Ltd.'s Board of Directors has approved additional capital loans to Syntech Asia Ltd., Lei Ji Co., Ltd., and Synnex China Holdings Ltd. This amount exceeds 2% of the company's latest financial statement net worth and will be used for the working capital of its subsidiaries. The total credit line is NT$79,823,363,000 (approximately JPY 37.89 billion), with the total outstanding loan balance reaching NT$122,328,193,000 (approximately JPY 57.9 billion).