WW : Announcement on behalf of subsidiary Virtue King International Limited new loans reaches over NT$10M & 2% of the Company net worth in the latest financial report.
Announcement on behalf of subsidiary Virtue King
International Limited new loans reaches over NT$10M & 2%
of the Company net worth in the latest financial report.
Date of events
2022/07/11
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/07/11
2.Funding recipient name, relationship with lender, lending limit
(thousand NTD), starting outstanding balance (thousand NTD), new loan
(thousand NTD), is it part of a scheduled allocation or revolving limit for
the same recipient that the chairman is authorized by the board of directors
to allocate, outstanding balance (thousand NTD) up to the date of
occurrence, reason for new loan (thousand NTD):
(1)Funding recipient name:WILSON GROUP HOLDINGS LIMITED
(2)Relationship with lender:Affiliated enterprises of the same
parent company.
(3)Lending limit (thousand NTD):121,804
(4)Starting outstanding balance (thousand NTD):0
(5)New loan (thousand NTD):23,856
(6)Is it part of a scheduled allocation or revolving limit for
the same recipient that the chairman is authorized by the board of directors
to allocate:Yes
(7)Outstanding balance (thousand NTD) up to the date of occurrence:23,856
(8)Reason for new loan :short-term working capital needs of loan recipient
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):None
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
(1)The capital(thousand NTD):3,947
(2)The cumulative gains/losses(thousand NTD):-112,304
5.Method of calculation of interest:According to the contract
6.For repayment, the condition and the date:
(1)The condition:Pay off on maturity.
(2)The date:Repayment schedule depends on the availability of funds,
and the principle is no more than six months.
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):23,856
8.The total amount of monetary loans extended to others as a percentage of
the public company's net worth on the latest financial statements as of the
date of occurrence:1.31
9.Sources of funds for the company to extend monetary loans to others:
Financial institutions and parent company.
10.Any other matters that need to be specified:None
Attachments
Original Link
Original Document
Permalink
Disclaimer
WW Holding Inc. published this content on 11 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 July 2022 13:03:09 UTC.
WW Holding Inc. is a Cayman Islands-based holding company primarily engaged in ports equipment and boutique bag production. Its sports business is engaged in providing gloves, protective gear, professional sports medical protective equipment and sports bags. Its fashion business provides a collection of handbags, including clutches, totes, backpacks, wallets, business bags and suitcase designs to create a personal attitude and casual style. The Companyâs products include business bag, suitcase, golf bag, sports bag, gloves, sport protective gear, functional clothing, casual bag, sports bag, travel bag, assortment bag, laptop backpack and computer briefcase. The Companyâs joint venture brands include Nike, TUMI, Longchamp, Away, TaylorMade, Kipling, PING, PUMA, ARMANI, Herschel, HUGO BOSS, UNDER ARMOUR, COBRA, DECATHLON, DAKINE, and NEW BALANCE.
WW : Announcement on behalf of subsidiary Virtue King International Limited new loans reaches over NT$10M & 2% of the Company net worth in the latest financial report.
WW HOLDING INC. 
