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Disclosure on behalf of Acer Pan Asia Subsidiary

10th Nov 2016 09:34

RNS Number : 8624O
Acer Incorporated
10 November 2016
 

Subject: Disclosure on behalf of Acer Pan Asia Subsidiary

Date of events: 2016/11/10

Contents:

1.Date of occurrence of the event:2016/11/10

2.The company name of the party for whom the endorsements/guarantees were made; its relationship with the Company; the ceiling on the endorsements/guarantees; the original amount of endorsements/guarantees; the amount of the current additional endorsements/guarantees; the amount of endorsements/guarantees as of the date of occurrence of the event; the actual loaned amount of the company who was made the endorsements/guarantees; the reason for the current additional endorsements/guarantees:

Acer Computer Singapore Pte Ltd. ; Acer Philippines, Inc. ; Acer Japan Corportion ; Acer Vietnam Company Ltd.; Acer Computer Co., Ltd.; Acer Sales & Services Sdn Bhd ; Acer Asia Pacific Sdn Bhd ; Servex (Malaysia) Sdn Bhd; Acer India (Private) Ltd. ; PT Acer Indonesia ; Acer Computer Australia Pty Ltd. ; Acer Computer New Zealand Ltd.; Acer Holdings International, Incorporated ; Acer Property Development Inc.; Acer BeingWare Holding Inc. ; Cross Century Investment Limited ; Acer Digital Service Co.,; Acer e-Enabling Service Business Inc. ; XPLOVA Inc. ; Acer Cloud Technology (Taiwan) Inc.; Aspire Service & Development Inc. ; Acer Being Communication Inc. ; MPS Energy Inc.; Acer CyberCenter Services, Inc. ; PAWBO, INC. ; Acer Being Health Inc. ; PKLOT INC.; E-TEN INFORMATION SYSTEMS CO., LTD. ; Wellife Inc. ; Weblink International Inc.

12,779,518K; 0; 4,263,300K ; 4,263,300K; 0; provide bank guarantee for AAPH subsidiary

3.Content and value of collaterals provided by the party for whom the endorsements/guarantees were made: No

4.Capital and accumulated profit/loss for whom the endorsements/guarantees were made according to its latest financial report: 12,117,147K; 16,258,224K

5.Terms/conditions and date of release of the Company's endorsement/guarantee obligations: gruarantee cancel

6.The total amount of ceiling on endorsement/guarantee:63,897,588K

7.The total amount of endorsements/guarantees as of the date of occurrence of the event:23,177,486K

8.The ratio of the amount of endorsements/guarantees to the Company's net worth according to the latest financial report as of the date of occurrence of the event: 37.03

9.The ratio of the aggregate amount of long term investments, endorsements/guarantees, and monetary loans extended to others to the Company's net worth according to the latest financial report:166.75

10.Any other matters that need to be specified: replace contract

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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