9th Jun 2014 11:50
Subject: Subsidiary,FU TAI KANG ELECTRONICS DEVELOPMENT(YANTAI)
CO., LTD.,announces disposal of financial products
Date of events:2014/06/09
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):
Bank of Communications, "Yun Tong wealth, increasing profits 45 days" financial products
2.Date of occurrence of the event:2014/06/09
3.Volume, unit price, and total monetary amount of the transaction:
RMB90,000,000
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):
BANK OF COMMUNICATIONS,Na
5.Anticipated profit or loss from the disposal (not applicable in cases of acquisition of securities) (where originally deferred, the status or recognition shall be stated and explained): RMB 565,890.41
6.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important stipulations:
Pay in lump sum
7.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department:
Follow company procurement authorization guideline
8.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):0
9.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: 0.0349%, to shareholder's equity: 0.0748%
Operating Capital:NTD116,300,564,000
10.Concrete purpose or use of the acquisition or disposition: Investment
Related Shares:
Hon Hai Precsn