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Acer Incorporated (ACID)

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Tuesday 23 February, 2021

Acer Incorporated

To announce the Company's information

RNS Number : 0264Q
Acer Incorporated
23 February 2021
 

Subject: Disclosure on behalf of Acer subsidiary, Acer American Holdings Corp. (AAH)

Date of events: 2021/02/23

Contents:

1. Date of occurrence of the event: 2021/02/23

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):

Acer America Corporation (AAC); 100% owned by Acer Inc; NTD31,037,466K; 0; NTD4,318,624K; NO; NTD4,318,624K; TO SUPPORT AAC BUSINESS OPERATION

3. For collaterals provided by the loan recipient, the content and the value (thousand NTD): NIL

4. For the latest financial reports of the loan recipient, the capital (thousand NTD) and the cumulative gains/losses (thousand NTD): NTD1,231,807K; losses NTD2,850,533K

5. Method of calculation of interest: 0.12%

6. For repayment, the condition and the date: 12 MONTHS, 2022/02/22

7. The amount of monetary loans extended to others as of the date of occurrence (thousand NTD): NTD7,185,604K

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: 12.50%

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

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

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