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

16th Nov 2015 11:09

RNS Number : 8255F
Hon Hai Precision Industry Co Ld
16 November 2015
 

Subject:Company announces indirect PRC investment

Date of occurrence of the event:2015/11/16

No.1

Contents:

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

The company Invests In Chengdu Jusda Supply Chain Management CO., LTD.,via increasing investment in Foxconn (Far East) Limited-Cayman,one of the company's subsidiary, that invests in Jusda International Holdings Limited, that invests in Jusda (Hong Kong) Holdings Limited

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

amount of the transaction: RMB337,000,000

3.Company name of the invested mainland Chinese company:

Chengdu Jusda Supply Chain Management Co., LTD.

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

Logistics, Warehousing and other Supply Chain Management

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

 

No.2

Contents:

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

The company Invests In FU HUA KE PRECISION INDUSTRY (GUIZHOU)

CO., LTD.,via increasing investment in Foxconn (Far East) Limited-Cayman,one of the company's subsidiary, that invests

in Robust Sino Ventures Limited

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

amount of the transaction: USD30,000,000

3.Company name of the invested mainland Chinese company:

FU HUA KE PRECISION INDUSTRY (GUIZHOU) CO., LTD.

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

Printed Circuit Board Processing

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
 
 
MSCBFBBTMBMBBRA

Related Shares:

Hon Hai Precsn
FTSE 100 Latest
Value8,837.07
Change-38.15