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Company announces indirect PRC investment

25th Jun 2013 14:17

RNS Number : 8289H
Hon Hai Precision Industry Co Ld
25 June 2013
 

Subject:Company announces indirect PRC investment

Contents:

 

1.Method of the present increase (decrease) in investment:

The Company invests in Fuding Electronical Technology (Jiashan) Co.,Ltdvia increasing investment in Foxconn (Far East) Ltd., one of the

Company's subsidiary, that invests in Best Behaviour Holdings Ltd.

that invests in Easywell Investment Ltd.

2.Transaction volume, price per unit, and total monetary

amount of the transaction:US$30,000,000

3.Company name of the invested mainland Chinese company:

Fuding Electronical Technology (Jiashan) Co.,Ltd

4.Main business items of said invested mainland Chinese

company:Manufacturing and Marketing of Computer Chasis

and Metal Stamping Parts

5.The manner of deciding on this transaction, the reference basis for the decision on price and the decision-making department: Board of Directors

6.Concrete purpose of the acquisition or disposal: Long Term Investment

 

 

 

 

 

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