In a regulatory filing, the Taipei-listed company said its extended loan now amounts to TWD 1.565bn ($50.3m).
The ceiling amount for the monetary facilities could reach as high as TWD 2.21bn.
U-Ming said the duration of the loan is one year and the principal amount will be repaid in full on that date.
The loan extension comes one month after the company revealed plans to order two new cement carriers.
It
