3rd Oct 2012 11:22
Subject:HonHai announces on behalf of subsidiary CHI MEI COMMUNICATION SYSTEMS, INC disposal of Fixed Asset and Equipment
Contents:
1.Name and nature of the subject matter (e.g.land located at Sublot XX, Lot XX,
North District, Taichung City):
Land:No.323, Xingong Sec., Rende Dist., Tainan City,
Building:No.128, Shengli Rd., Rende Dist., Tainan City,
Equipment
2.Date of the occurrence of the event:2012/10/03
3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing),unit price, total
transaction price:
Land area :19,992.79 square meters, equivalent to 6,047.82 p'ing,
Amount: NTD279,445,418
Housing area: 17,288.8 square meters, equivalent to 5,229.87 p'ing and 44 units of Equipment, Amount: NTD179,403,225
Total transaction price:NTD458,848,643
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):
CHI MEI CORPORATION;NO
5.Anticipated loss or profit from the disposal (not applicable in cases of acquisition of assets) (where originally deferred, the status or recognition shall be stated and explained):
Disposal profit:NTD170,753,198
6.Terms of delivery or payment (including payment period and monetaryamount):
According to Sales and Purchase Deed;
NA;
NA
7.The manner of deciding on this transaction (such as tender invitation, price comparison, or price negotiation), the reference basis for the decision on price and the decision-making department:
Negotiation;
The reference basis: Appraisal reports issued by Elite Appraisers Firm and Evermore Consulting Co., Ltd. ;
Board of Directors
8.Name of the professional appraisal institution and its appraisal amount:
Elite Appraisers Firm and Evermore Consulting Co., Ltd.
Appraisal amount: NTD455,617,642
9.Concrete purpose or use of the acquisition or disposition:
Disposal of Idle Assets
Related Shares:
Hon Hai Precsn