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Obtain & disposal shares of eCMMS Precision Shares

31st Mar 2017 15:29

RNS Number : 2334B
Hon Hai Precision Industry Co Ld
31 March 2017
 

No.1

Subject: Obtain shares of eCMMS Precision Singapore Pte. Ltd. shares

Date of events:2017/03/31

Contents:

1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g.dividend yield):

eCMMS Precision Singapore Pte. Ltd. shares

2.Date of occurrence of the event:2017/03/31

3.Volume, unit price, and total monetary amount of the transaction:

Total amout equals USD608,937,981

4.Counterpart to the trade and its relationship to the Company (if the trading counterpart is a natural person and furthermore is not an actual related party of the Company, the name of the trading counterpart is not required to be disclosed):

Foxconn (Far East) Limited ;parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party, a public announcement shall also be made of 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 date of acquisition:

Investing Structure Modification

6.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-makin department:

Board of Directors

7.Current cumulative volume, amount, and shareholding percentage of holdings of the security being traded (including the current trade) and status of any restriction of rights (e.g.pledges):

USD608,937,981, approximately 100%, restrictiion of rights: None

8.Current ratio of long or short term securities investment (including the current trade) to the total assets and shareholder's equity as shown in the most recent financial statement and the operating capital as shown in the most recent financial statement:

Ratio to total assets:12.9226%, to shareholder's equity:34.8961%,

Operating Capital:NTD-40,666,643,000

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

Investing Structure Modification

 

 

 

No.2

Subject: Subsidiary Foxconn (Far East) Limited disposal eCMMS Precision Singapore Pte. Ltd. Shares

Date of events:2017/03/31

Contents:

1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g.dividend yield):

eCMMS Precision Singapore Pte. Ltd. shares

2.Date of occurrence of the event:2017/03/31

3.Volume, unit price, and total monetary amount of the transaction:

Total amout equals USD608,937,981

4.Counterpart to the trade and its relationship to the Company (if the trading counterpart is a natural person and furthermore is not an actual related party of the Company, the name of the trading counterpart is not required to be disclosed):

Hon Hai Precision Ind. Co. Ltd ;parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party, a public announcement shall also be made of 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 date of acquisition:

Investing Structure Modification

6.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-makin department:

Board of Directors

7.Current cumulative volume, amount, and shareholding percentage of holdings of the security being traded (including the current trade) and status of any restriction of rights (e.g.pledges):

USD0, approximately 0%, restrictiion of rights: None

8.Current ratio of long or short term securities investment (including the current trade) to the total assets and shareholder's equity as shown in the most recent financial statement and the operating capital as shown in the most recent financial statement:

Ratio to total assets:9.4067%, to shareholder's equity:25.4018%,

Operating Capital:NTD-40,666,643,000

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

Investing Structure Modification

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