TPE:3044

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Tripod Technology Unit Grants NT$2.66 Billion Loan to Subsidiary

Tripod Technology (TPE:3044) unit J&J extended a new NT$2.66 billion interest-free loan to wholly owned unit Tripod Overseas, according to a Thursday Taiwan Exchange filing.The funds will be used to meet short-term working capital needs.The loan matures on July 8, 2027, and carries a 0% interest rate, the filing said.

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