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Company announces indirect PRC investment

28th Mar 2014 11:31

RNS Number : 4584D
Hon Hai Precision Industry Co Ld
28 March 2014
 

Subject:Company announces indirect PRC investment

Date of events:2014/03/28

Contents:

No1

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

The Company invests in FuGuiKang Precision Electronics (GuiZhou)

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

Cayman,one of the Company's subsidiary, that invests in Best

Behaviour Holdins Limited that invests in China Galaxy Enterprises

Limited

2.Transaction volume, price per unit, and total monetary amount of the transaction: US$20,000,000

3.Company name of the invested mainland Chinese company:

FuGuiKang Precision Electronics (GuiZhou) Co. Limited

4.Main business items of said invested mainland Chinese

company:

Mobile phones, tablet computers and video game accessories for R & D

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

 

No2

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

The company Invests In FuTaiKang Electronice Development (Yan Tai)

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

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

Behaviour Holdins Limited that invests In Argyle Holdings Limited

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:

FuTaiKang Electronice Development (Yan Tai) Co. Limited

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

Electronic Component and Software Development and Sales

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

 

 

 

No3

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

The company Invests In FU JIANG Robot Technology(Shen Zhen) Co.,

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

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

Automation Holding Limited that invests In Robot Holding Limited

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

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

3.Company name of the invested mainland Chinese company:

FU JIANG Robot Technology(Shen Zhen) Co., Limited

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

Manufacture and sale of industrial robot

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

 

No4

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

The company Invests In Foxnum Technology(Zheng Zhou) Co.,Limited

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

one of the company's subsidiary, that invests in Advance Automation Holding Limited that invests In Automation Holding Limited

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

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

3.Company name of the invested mainland Chinese company:

Foxnum Technology(Zheng Zhou) Co.,Limited

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

Manufacture and sale of automation equipment

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

 

No5

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

The company Invests In Foxnum Foxnum Technology(Ji Yuan) Co.,Limited via increasing investment in Foxconn (Far East) Limited-Cayman,one of the company's subsidiary, that invests in Advance Automation Holding Limited that invests In Automation Holding Limited

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

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

3.Company name of the invested mainland Chinese company:

Foxnum Technology(Ji Yuan) Co.,Limited

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

Manufacture of servomotor

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

 

No6

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

The company Invests In Ji Zhi International (Shenzhen) 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 Co .,

Limited that invests In Ji Zhi International Holdings Co., Limited

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

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

3.Company name of the invested mainland Chinese company:

Ji Zhi International (Shenzhen) Co.,Limited

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

Manufacture and sale of high-speed hard cutting

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

 

No7

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

The company Invests In Bo Lai Materials technology (Shenzhen) 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 Co .,

Limited that invests In Bo Lai Materials Technology Co., Limited

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

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

3.Company name of the invested mainland Chinese company:

Bo Lai Materials technology (Shenzhen) Co.,Limited

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

Manufacture and sale of Plastic pellets

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

 

No8

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

The company Invests In Jin Ji Full Precision Machinery (Shenzhen)

 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 Co .,

Limited that invests In in Ji Full Precision Machinery Co.,Limited

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

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

3.Company name of the invested mainland Chinese company:

Jin Ji Full Precision Machinery (Shenzhen) Co.,Limited

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

Manufacture and sale of Injection or compression moulds for metal or metal carbides

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

 

No9

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

The company Invests In Jin Ji Trading (LinYi) Co., Limited

via increasing investment in Jin Ji Trading Co., Limited

,one of the company's subsidiary, that invests in Jin Ji Lu

Trading Holdings Co., Limited

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

amount of the transaction: US$42,000,000

3.Company name of the invested mainland Chinese company:

Ji Zhi International (Shenzhen) Co.,Limited

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

Precision components for the design development, Wmanufacturing, sales, trading, leasing and maintenance services

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

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