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Subsidiary Ambit obtaining of LTE Network

30th Apr 2014 12:23

RNS Number : 9172F
Hon Hai Precision Industry Co Ld
30 April 2014
 

Subject: Subsidiary Ambit Microsystems Corp.announces obtaining of LTE Broadband Network equipment

Date of events:2014/04/30

Contents:

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

LTE Broadband Network

2.Date of the occurrence of the event:2014/04/30

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

USD178,168,983.16(NTD5,345,069,495)

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):

Nokia Solutions and Networks Taiwan CO.,LTD. ; None

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

According to the contract

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:

tender invitation, price comparison and price negotiation; Per market price;

Board of directors

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

Build up LTE Broadband Network

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