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Obtained Silverlink Capital LP equity fun

19th Sep 2014 12:21

RNS Number : 1473S
Hon Hai Precision Industry Co Ld
19 September 2014
 

No.1

Subject: Foxconn Holding Limited,part of the Hon Hai Group has obtained Icreate Investments Limited shares

Date of events:2014/09/19

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): 

Icreate Investments Limited shares

2.Date of occurrence of the event:2014/09/19

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

Total amout equals USD$236,000,000

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):

Icreate Investments Limitedparent and subsidiary companies

5.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-makingdepartment: Board of Directors

6.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): 

USD440,934,189.78approximately 100%restrictiion of rights:None

7.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:0.99%, to shareholder's equity:2.13%

Operating Capital:NTD117,282,323,000

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

Long Term Investment

 

No.2

Subject: Icreate Investments Limited,part of the Hon Hai Group has obtained Silverlink Capital LP limited partnership equity fund

Date of events:2014/09/19

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): 

Silverlink Capital LP limited partnership equity fund

2.Date of occurrence of the event:2014/09/19

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

trading volume: NA (due to nature of limited partnership);

unit price: NA (due to nature of limited partnership);

commitment amount USD236,000,000

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):

Silverlink Capital LPNo relation

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

Commitment to the fund

according to subscription agreement

Board of Directors

6.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): 

USD336,000,000approximately 77.06%restrictiion of rights:None

7.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:0.87%, to shareholder's equity:1.87%

Operating Capital:NTD117,282,323,000

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

Long Term Investment

 

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

Hon Hai Precsn
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