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Participate in subsidiary Altus capital increase

25th Sep 2014 11:34

RNS Number : 6078S
Hon Hai Precision Industry Co Ld
25 September 2014
 

Subject: The Board resolved to participate in subsidiary Altus Technology Inc.'s capital increase.

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):

Altus Technology Incorporation, common shares.

2.Date of occurrence of the event:2014/09/25~2014/09/25

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

Volume:39,206,740 shares

unit price:NTD10

total monetary amount: NTD392,067,400

4.The manner in which the current transaction was decided, the

reference basis for the decision on price, and the decision-making

department: Board of Directors

5.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):

47,079,651 shares

NTD470,796,510

64.59%

None

6.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:45.0522%, to shareholder's equity: 96.4564%

Operating Capital:NTD117,282,323,000

7.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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