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To disclosure on behalf of Acer subsidiary, ACCN

25th Oct 2013 10:03

RNS Number : 4093R
Acer Incorporated
25 October 2013
 



Subject: To disclosure on behalf of Acer subsidiary, ACCN

Date of events: 2013/10/25

Contents:

1. Date of occurrence of the event: 2013/10/25

2. 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:

ACCQ,100% owned by AMS, NTD7,672,902K,NTD0,NTD2,181,285K,NO,

NTD2,181,285K TO SUPPORT ACCQ BUSINESS OPERATION

3. Content and value of collaterals provided by the loan recipient, if any: NIL

4. Capital and Accumulated profit/loss of the loan recipient according to its latest financial report: NTD4,863,613K,-NTD576,422K

5. Method of calculation of interest: 0%

6. Terms/conditions and date for repayment: 12 MONTHS,2014/10/31

7. The Company's total amount of monetary loans extended as of the date of occurrence of the event: NTD7,797,457K

8. 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: 10.16%

9. Sources of funds to extend monetary loans to others: INTERNAL FUNDS

10. Any other matters that need to be specified: NO

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