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Subsidiary disposal & obtaining of equipment

7th Jul 2017 10:31

RNS Number : 4502K
Hon Hai Precision Industry Co Ld
07 July 2017
 

No.1

Subject: Subsidiary HONG FU JIN PRECISION INDUSTRY(ZHENZHEN) Co.,LTD. announces disposal of equipment

Date of events: 2017/07/07

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: 2017/07/07~2017/07/07

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

unit price, total transaction price:

24,032 units of equipment;RMB414,806,387.07

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):

ShenZhen FuGui Precision Industry 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 recognition shall be stated and explained): RMB-59,756,918.56

6.The manner of deciding on this transaction (such as tender invitation, price comparison, or price negotiation), the reference basis for th decision on price and the decision-making department:

Book value and Assessed value ;Board of Directors

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

Operation requirement

 

No.2

Subject: Subsidiary ShenZhen FuGui Precision Industry CO.,LTD. announces obtaining of equipment

Date of events: 2017/07/07

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: 2017/07/07~2017/07/07

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

unit price, total transaction price:

24,032 units of equipment;RMB414,806,387.07

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):

HONG FU JIN PRECISION INDUSTRY (ZHENZHEN) 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 th decision on price and the decision-making department:

Book value and Assessed value;Board of Directors

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

Operation requirement

 

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