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Clarify on media reporting

21st Sep 2012 07:00

RNS Number : 8078M
Hon Hai Precision Industry Co Ld
21 September 2012
 

Subject: Clarify on media reporting

Contents:

1.Name of the reporting media: Commercial Times and Economic Daily

2.Date of the report:2012/09/20

3.Content of the report:

3.1 To restart the good relationship, Foxconn project in Brazil will sign M.O.U.

3.2 Hon Hai investment in Brazil will be adding extra 14.5 Billions

4.Company's explanation of the reportage or provided information:

4.1 The company's subsidiary in Brazil's name FOXCONN CMMSG INDUSTRIA DE ELETRONICOS LTDA has plan to sign the MOU of investment cooperation with San Paulo State government on September 20, 2012, to enhance its Brazil existing manufacturing operation and development.

4.2 All the related investment projects in Brazil based on the MOU will be executed by company's evaluation process internally and to comply the rules and regulations of government.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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