What is the main reason for Far Eastern Department Stores increasing the guarantee limit?

To support its subsidiary, Pacific Sogo Department Stores, in facilitating Pacific China Holdings Limited's use of a bank loan facility.

How much was the guarantee limit increased?

The limit was increased by NT$1.94401 billion (approximately US$60 million).

Until when is this guarantee valid?

The guarantee liability will be automatically released upon contract expiration on April 30, 2025.

What is the financial situation of Pacific China Holdings Limited?

Its latest capital was NT$7.54 billion, but it has accumulated losses of NT$9.73 billion, indicating a deficit.

How does this announcement affect Far Eastern Department Stores' performance?

While the direct impact on performance is not specified, supporting the subsidiary's financing is expected to contribute to the group's overall stable business operations.

AI News NQ Analysis

[Far Eastern Dept.] Far Eastern Department Stores Co., Ltd. announces increase in guarantee limit for Pacific China Holdings Limited on behalf of Pacific Sogo Department Stores Co., Ltd.

Key facts

[Far Eastern Dept.] Far Eastern Department Stores Co., Ltd. announces increase in guarantee limit for Pacific China Holdings Limited on behalf of Pacific Sogo Department Stores Co., Ltd.
Far Eastern Department Stores announced that its subsidiary, Pacific Sogo Department Stores, will increase the guarantee limit for Pacific China Holdings Limited by NT$1.94401 billion. This is to facilitate the utilization of a bank loan facility.
Source: TWSE
Date: Tue Jun 09 2026 09:00:00 GMT+0900 (Japan Standard Time)

Direct answer

Far Eastern Department Stores announced that its subsidiary, Pacific Sogo Department Stores, will increase the guarantee limit for Pacific China Holdings Limited by NT$1.94401 billion. This is to facilitate the utilization of a bank loan facility.

Citation: [Far Eastern Dept.] Far Eastern Department Stores Co., Ltd. announces increase in guarantee limit for Pacific China Holdings Limited on behalf of Pacific Sogo Department Stores Co., Ltd. (Tue Jun 09 2026 09:00:00 GMT+0900 (Japan Standard Time)), TWSE
Source: TWSE
Date: Tue Jun 09 2026 09:00:00 GMT+0900 (Japan Standard Time)

AI Summary (NQ-processed)

Far Eastern Department Stores announced that its subsidiary, Pacific Sogo Department Stores, will increase the guarantee limit for Pacific China Holdings Limited by NT$1.94401 billion. This is to facilitate the utilization of a bank loan facility.

AI Analysis

Frequently Asked Questions

Q: What is the main reason for Far Eastern Department Stores increasing the guarantee limit?: A: To support its subsidiary, Pacific Sogo Department Stores, in facilitating Pacific China Holdings Limited's use of a bank loan facility.
Q: How much was the guarantee limit increased?: A: The limit was increased by NT$1.94401 billion (approximately US$60 million).
Q: Until when is this guarantee valid?: A: The guarantee liability will be automatically released upon contract expiration on April 30, 2025.
Q: What is the financial situation of Pacific China Holdings Limited?: A: Its latest capital was NT$7.54 billion, but it has accumulated losses of NT$9.73 billion, indicating a deficit.
Q: How does this announcement affect Far Eastern Department Stores' performance?: A: While the direct impact on performance is not specified, supporting the subsidiary's financing is expected to contribute to the group's overall stable business operations.