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Subsidiaries obtain land

15th Nov 2012 09:04

RNS Number : 2018R
Hon Hai Precision Industry Co Ld
15 November 2012
 

Subject: Foxconn CMMSG Industria de Electronicos Ltda. announces obtaining of land

Contents:

1.Name and nature of the subject matter (e.g.land located at Sublot XX, Lot XX, North District, Taichung City): Land

2.Date of the occurrence of the event:2012/09/04~2012/11/15

3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing), unit price, total transaction price:

Land area :1,418,238.6 square meters

unit price:BRL18.4

Total transaction price:BRL26,113,252

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):

Toulouse Incorporacao SPE LTDA.; NO

5. Terms of delivery or payment (including payment period and monetary amount):

Three times to pay

6.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 between parties;

Board of Directors

7.Name of the professional appraisal institution and its appraisal amount:

Roberto Scavacini

Appraisal amount:BRL100 to BRL120

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

Operation requirement

 

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

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