Acquires public tender TELEEYE Results

Subject:CLOSE OF MANDATORY UNCONDITIONAL CASH OFFER BY

FOXCONN (FAR EAST) LTD.TO ACQUIRE ALL THE ISSUED SHARES

IN THE ISSUED SHARE CAPITAL OF TELEEYE HOLDINGS LTD.

Contents:

1.Type of merger/acquisition (e.g.merger, consolidation, spin-off,

acquisition, or receiving assignment of shares):acquisition

2.Date of occurrence of the event:2016/06/10

3.Names of companies participating in the merger (e.g.name of the other

company participating in the merger or consolidation, newly established

company in a spin-off, acquired company, or company whose shares are

taken assignment of):TELEEYE HOLDINGS LIMITED

4.Purpose/objective of the merger/acquisition:Develop new business

5.Anticipated benefits of the merger/acquisition:

The Group aims to strategically diversify into new products and services as

engines for growth.

6.Scheduled timetable for consummation:

Original plan the Offer was started on 5 May 2016 and closed on 26 May 2016,

per Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong

Kong Limited request, the Offer was started on 20 May 2016 and closed at 4:00

p.m. on Friday, 10 June 2016, and was not revised or extended by the Offeror.

7.Basic information of companies participating in the merger:

TeleEye Group is primarily focused on the development, sales and marketing

of full range of hi-tech CCTV, DVR and digital surveillance equipment.

Website: http://www.teleeye.com/Eng/c_home.html

8.Do the directors have any objection to the present transaction?:

As at 4:00 p.m. on Friday, 10 June 2016, being the latest time and date for

acceptance of the Offer as setout in the Composite Document, the Offeror had

received 0 valid acceptances in respect of a total of 0 Offer Shares under

the Offer, representing approximately 0% of the entire issued share capital

of the Company.