April 23, 2021

Yuanta Financial Holdings announces on behalf of its subsidiary, Polaris Holdings (Cayman) regarding the funds lending to Yuanta Securities Asia Financial Services

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E409PC24H_2011資料照片_copy1ENP Newswire – 27 August 2014

Release date- 25082014 – Yuanta Financial Holdings announces on behalf of its subsidiary, Polaris Holdings (Cayman) regarding the funds lending to Yuanta Securities Asia Financial Services.

Date of occurrence of the event: 2014/08/25

Name of the company who receive the monetary loans, its relationship to the Company who extend the loans, ceiling amount on the monetary loans extended, amount of loans originally extended, amount of the current additional loans, whether or not the board of directors authorize the chairperson to give loans for the borrowing counterparty; total extended amount of loans and the reason for loans as of the date of occurrence of the event:

Yuanta Securities Asia Financial Services; Yuanta Securities Asia Financial Services and Polaris Holdings (Cayman) are wholly-owned subsidiaries of Yuanta Securities.

The ceiling amount is USD 73,878,860.71

The amount of loans originally extended is USD 0.00

The amount of the current additional loans is USD 69,000,000

The board of directors authorizes the chairperson to give out loans to the borrowing counterparty.

Total extended amount of loans is USD 69,000,000

The reason for the current additional loans is to meet its funding request from overseas reinvestment.

Content and value of collaterals provided by the loan recipient, if any: None

Capital and Accumulated profit/loss of the loan recipient according to its latest financial report:

Capital USD 174,063,034

Accumulated gain USD 381,647,225.6

Method of calculation of interest:

One-year TAIBOR or average time deposit rate of lending company, whichever is higher.

Terms/conditions and date for repayment: Borrower should pay off the principal and its accrued interest once the loan is expired or terminated early.

The Company’s total amount of monetary loans extended as of the date of occurrence of the event:

USD 176,659,077.79

The ratio of the total amount of monetary loans extended to the Company’s net worth on its most recent financial statements as of the date of occurrence of the event: 5.69%

Sources of funds to extend monetary loans to others: Subsidiary’s own funds

Any other matters that need to be specified: N/A

(c) 2014 Electronic News Publishing –

IMAGE: www.wantchinatimes.com

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