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Administrative Sanction

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Administrative Fine Imposed on the Responsible Person of CAMELLIA METAL CO.,LTD. (Listed Company2064)

1.Date the fine was imposed: September 2, 2020
2.Recipient of the fine: CAMELLIA METAL CO.,LTD.
3.Legal basis of the fine: Article 36-1, Article 3 of the Regulations Governing Loaning of Funds Making of Endorsements/Guarantees by Public Companies
4.Facts of the violation and reasons: It was found that CAMELLIA METAL CO.,LTD. to loan entries. The loans were considered short-term in nature but the repayments have been overdue for more than 1 year, and, therefore, the company is in violation of Article 3 of the Regulations Governing Loaning of Funds for Making Endorsements/Guarantees by Public Companies.
5.Resulting fine: Sentenced to the fine, NT$240,000, in accordance with Article 36-1, Paragraph 1(11) of Article 178 and Paragraph 1 of Article 179 of the Securities and Exchange Act.
Visitor: 12514   Update: 2020-09-03
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