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Subsidiary disposal and obtaining of equipment

20th Mar 2014 10:48

RNS Number : 7948C
Hon Hai Precision Industry Co Ld
20 March 2014
 

Subject: Subsidiary Hongfujin Precision Electronics (Zheng zhou) Co.,Ltd. announces disposal of equipment

Contents:

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

2.Date of the occurrence of the event: 2013/04/29~2014/03/20

3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing),

unit price, total transaction price: 235 units of equipment;NTD562,430,679.93

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):

FIH Precision Electronics (Lang Fang) Co.,Ltd.Connection company

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):NTD 0

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;book value;follow company procurement authorization guideline

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

To integrate plant capacity

 

Subject: Subsidiary FIH Precision Electronics (Lang Fang) Co.,Ltd.announces obtaining of equipment

Contents:

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

2.Date of the occurrence of the event: 2013/04/29~2014/03/20

3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing),

unit price, total transaction price: 235 units of equipment;NTD562,430,679.93

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):

Hongfujin Precision Electronics (Zheng zhou) Co.,Ltd.Connection company

5.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;book value;follow company procurement authorization guideline

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

To integrate plant capacity

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