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Company disposal equipment

31st Aug 2017 11:58

RNS Number : 4595P
Hon Hai Precision Industry Co Ld
31 August 2017
 

No.1

Subject: Company disposal equipment

Date of events: 2017/08/31

Contents:

1.Name and nature of the subject matter (e.g.land located at

Sublot XX, Lot XX, North District, Taichung City):equipment

2.Date of the occurrence of the event: 2017/07/28~2017/08/31

3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing),

unit price, total transaction price:

8,598 units of equipment;NTD1,092,560,394

4.Counterparty to the trade and its relationship with the company (if

the trading counterpart is a natural person and is not an actual related

party of the Company, the name of the trading counterpart is not

required to be disclosed):

Foxconn Cloud Network Technology Singapore Pte. Ltd. Taiwan Branch;parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party, apublic announcement shall also include the reason for choosing the related party as trading counterpart and the identity of the previous owner (including its relationship with the company and the trading counterpart), price of transfer and the date of acquisition:

Business demand

6.Anticipated loss or profit from the disposal (not applicable in cases of acquisition of assets) (where originally deferred, the status recognition shall be stated and explained): NTD53,000

7.The manner of deciding on this transaction (such as tender invitation, price comparison, or price negotiation), the reference basis for th decision on price and the decision-making department:

Book value and Assessed value;Board of Directors

8.Concrete purpose or use of the acquisition or disposal:

Operation requirement

 

 

No.2

Subject: Subsidiary Foxconn Cloud Network Technology Singapore Pte. Ltd. Taiwan Branch announces obtaining of equipment

Date of events: 2017/08/31

Contents:

1.Name and nature of the subject matter (e.g.land located at

Sublot XX, Lot XX, North District, Taichung City):equipment

2.Date of the occurrence of the event: 2017/07/28~2017/08/31

3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing),

unit price, total transaction price:

8,598 units of equipment;NTD1,092,560,394

4.Counterparty to the trade and its relationship with the company (if

the trading counterpart is a natural person and is not an actual related

party of the Company, the name of the trading counterpart is not

required to be disclosed):

HON HAI PRECISION INDUSTRY CO., LTD.;parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party, apublic announcement shall also include the reason for choosing the related party as trading counterpart and the identity of the previous owner (including its relationship with the company and the trading counterpart), price of transfer and the date of acquisition:

Business demand

6.The manner of deciding on this transaction (such as tender invitation, price comparison, or price negotiation), the reference basis for th decision on price and the decision-making department:

Book value and Assessed value;Board of Directors

7.Concrete purpose or use of the acquisition or disposal:

Operation requirement

 

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