Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Company announces indirect PRC investment

13th Aug 2015 12:00

RNS Number : 9880V
Hon Hai Precision Industry Co Ld
13 August 2015
 

Subject:Company announces indirect PRC investment

Date of occurrence of the event:2015/08/13

No.1

Contents:

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

The company Invests In Han Yang Optics (Shang Hai) Ltd.,via increasing investment in Foxconn (Far East) Limited,one of the company's subsidiary, that invests in Cybertan Technology Corp.

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

amount of the transaction: USD450,000,000

3.Company name of the invested mainland Chinese company:

Han Yang Optics (Shang Hai) Ltd.

4.Main business items of said invested mainland Chines company:

Cultural and Creative Industry, e-commerce, new energy research and development

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:

Develop new business

 

No.2

Contents:

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

The company Invests In FUZHUN PRECISION TOOLING(JIASHAN)CO.,

LTD., via increasing investment in Foxconn (Far East) Limited,one of the company's subsidiary, that invests in Flying Tiger Holdings Co., Limited that invests Jin Ji Full Internet Of Things Security Data Co., Ltd. that invests In Jin Ji Full Precision Machinery Co., Ltd.

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

amount of the transaction: USD35,000,000

3.Company name of the invested mainland Chinese company:

FUZHUN PRECISION TOOLING(JIASHAN)CO.,LTD.

4.Main business items of said invested mainland Chines company:

Manufacturing and processing of Precision mold

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:

Operating requirements

 

No.3

Contents:

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

The company Invests In Jin Ji Full Precision Machinery (WuHan) Co., Ltd.,via increasing investment in Foxconn (Far East) Limited,one of the company's subsidiary, that invests in Flying Tiger Holdings Co., Limited that invests Jin Ji Full Internet Of Things Security Data Co., Ltd. that invests In Jin Ji Full Precision Machinery Co., Ltd.

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

amount of the transaction: USD 35,000,000

3.Company name of the invested mainland Chinese company:

Jin Ji Full Precision Machinery (WuHan) Co., Ltd.

4.Main business items of said invested mainland Chines company:

Manufacturing and processing of Precision mold

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:

Operating requirements

 

No.4

Contents:

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

The company Invests In First Special Material (Henan) Limited,

(1)via increasing investment in Foxconn (Far East) Limited,one of the company's subsidiary, that invests in 1st Special Material International Holdings Limited that invests First Special Material Holding Limited

(2)via increasing investment in Foxconn (Far East) Limited,one of the company's subsidiary, that invests in Flying Tiger Holdings Co., Limited that invests Jin Ji Full Precision Co., Limited, that invests in 1st Special Material International Holdings Limited that invests First Special Material Holding Limited

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

amount of the transaction: USD10,500,000

3.Company name of the invested mainland Chinese company:

First Special Material (Henan) Limited

4.Main business items of said invested mainland Chines company:

Production of protecton tape, adhesive, ink, paint, slurry, cutting oil, etc.

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:

Operating requirements

 

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

Related Shares:

Hon Hai Precsn
FTSE 100 Latest
Value8,275.66
Change0.00