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Company announces indirect PRC investment

3rd Apr 2018 07:00

RNS Number : 5181J
Hon Hai Precision Industry Co Ld
30 March 2018
 

Subject: Company announces indirect PRC investment

Date of events:2018/03/30

Contents:

1.Date of occurrence of the event:2018/03/30

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

The company Invests In Ji Zhi Precision Technology (Shen zhen) Co.,

Limited via increasing investment in Foxconn (Far East) Limited-

Cayman,one of the company's subsidiary, that invests in Flying

Tiger Holdings Co ., Limited that invests In Jin Ji Full Internet

Of Things Security Data Co., Ltd. that invests In Ji Zhi

International Holdings Co., Ltd.

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

amount of the transaction: USD$15,000,000

4.Company name of the invested mainland Chinese company:

Ji Zhi Precision Technology (Shen zhen) Co.,Limited

5.Paid-in capital of said invested mainland Chinese company:

US$0

6.Amount of new capital increment currently planned by said invested mainland Chinese company: USD$15,000,000

7.Main business items of said invested mainland Chinese company:

3D Glass

8.Amount of actual investment to date in said invested

mainland Chinese company:USD0

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

Board of Directors

10.Concrete purpose of the acquisition or disposal:

Long Term Investment

11.Total amount of mainland China area investment (including the present investment) approved by the Investment Commission to date: USD$11,331,577,184.24

12.Ratio of the total amount of investment (including

the present investment) in the mainland China area approved

by the Investment Commission to date to the paid-in capital

on the financial statement for the most recent period: 190.75%

13.Ratio of the total amount of investment (including the present investment) in the mainland China area approved by the Investment Commission to date to the total assets on the financial statement for the most recent period:10.11%

14.Ratio of the total amount of investment (including

the present investment) in the mainland China area approved

by the Investment Commission to date to the shareholders'

equity on the financial statement for the most recent period:30.49%

15.Total amount of actual investment in the mainland China

area to date: USD$8,739,367,824.67

16.Ratio of the total amount of actual investment in the

mainland China area to date to the paid-in capital on

the financial statement for the most recent period:147.11%

17.Ratio of the total amount of actual investment in the

mainland China area to date to the total assets on the

financial statement for the most recent period: 7.79%

18.Ratio of the total amount of actual investment in the

mainland China area to date to the shareholders' equity

on the financial statement for the most recent period: 23.51%

19.Amount of recognized profits and losses on investment in

the mainland China area for the most recent three fiscal years:

2015: NT$ 95,073,703,000;

2016: NT$ 135,546,383,000;

2017: NT$ 63,448,344,000

 

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