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Subsidiary disposal of financial products

13th Jun 2014 11:41

RNS Number : 5967J
Hon Hai Precision Industry Co Ld
13 June 2014
 

No.1

Subject: Subsidiary, HONGFUJIN PRECISION ELECTRONS (YANTAI)CO., LTD.,announces disposal of financial products

Date of events:2014/06/13

Contents:

1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g.dividend yield): 

Bank of Communications, "Yun Tong wealth, increasing profits 91 days" financial products

2.Date of occurrence of the event:2014/06/13

3.Volume, unit price, and total monetary amount of the transaction:

RMB370,000,000

4.Counterpart to the trade and its relationship to the Company (if the trading counterpart is a natural person and furthermore is not an actual related party of the Company, the name of the trading counterpart is not required to be disclosed):

BANK OF COMMUNICATIONS ; None

5.Anticipated profit or loss from the disposal (not applicable in cases of acquisition of securities) (where originally deferred, the status or recognition shall be stated and explained): RMB 4,243,342.47

6.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important stipulations:

Pay in lump sum

7.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department:

Follow company procurement authorization guideline

8.Current cumulative volume, amount, and shareholding percentage of holdings of the security being traded (including the current trade) and status of any restriction of rights (e.g.pledges):0

9.Current ratio of long or short term securities investment (including the current trade) to the total assets and shareholder's equity as shown in the most recent financial statement and the operating capital as shown in the most recent financial statement:

Ratio to total assets:0.5160%, to shareholder's equity:1.1042%

Operating Capital:NTD116,300,564,000

10.Concrete purpose or use of the acquisition or disposition: Investment

 

No.2

Subject: Subsidiary, FUDING ELECTRONICAL TECHNOLOGY (JIASHAN) CO., LTD.,announces disposal of financial products

Date of events:2014/06/13

Contents:

1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g.dividend yield): 

Agricultural Bank of China, "Hui Li & Fung 2014 Section 1405" Financial Products

2.Date of occurrence of the event:2014/06/13

3.Volume, unit price, and total monetary amount of the transaction:

RMB40,000,000

4.Counterpart to the trade and its relationship to the Company (if the trading counterpart is a natural person and furthermore is not an actual related party of the Company, the name of the trading counterpart is not required to be disclosed):

AGRICULTURAL BANK OF CHINA ZHEJIANG BRANCH JIASHAN SUB-BRANCH ; None

5.Anticipated profit or loss from the disposal (not applicable in cases of acquisition of securities) (where originally deferred, the status or recognition shall be stated and explained): RMB 2,016,438.36

6.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important stipulations:

Pay in lump sum

7.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department:

Follow company procurement authorization guideline

8.Current cumulative volume, amount, and shareholding percentage of holdings of the security being traded (including the current trade) and status of any restriction of rights (e.g.pledges):0

9.Current ratio of long or short term securities investment (including the current trade) to the total assets and shareholder's equity as shown in the most recent financial statement and the operating capital as shown in the most recent financial statement:

Ratio to total assets:0.0744%, to shareholder's equity:0.1592%

Operating Capital:NTD116,300,564,000

10.Concrete purpose or use of the acquisition or disposition: Investment

 

No.3

 

Subject: Subsidiary, HONGFUJIN PRECISION ELECTRONS(CHENGDU) CO., LTD.,announces disposal of financial products

Date of events:2014/06/13

Contents:

1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g.dividend yield): 

Yun Tong Fortune increasing profits 30 days

2.Date of occurrence of the event:2014/06/13

3.Volume, unit price, and total monetary amount of the transaction:

RMB300,000,000

4.Counterpart to the trade and its relationship to the Company (if the trading counterpart is a natural person and furthermore is not an actual related party of the Company, the name of the trading counterpart is not required to be disclosed):

Bank of Communications Sichuan Provincial Branch; None

5.Anticipated profit or loss from the disposal (not applicable in cases of acquisition of securities) (where originally deferred, the status or recognition shall be stated and explained): RMB1,405,479.45

6.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important stipulations:

Pay in lump sum

7.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department:

Follow company procurement authorization guideline

8.Current cumulative volume, amount, and shareholding percentage of holdings of the security being traded (including the current trade) and status of any restriction of rights (e.g.pledges):0

9.Current ratio of long or short term securities investment (including the current trade) to the total assets and shareholder's equity as shown in the most recent financial statement and the operating capital as shown in the most recent financial statement:

Ratio to total assets:0.0006%, to shareholder's equity:0.0012%

Operating Capital:NTD116,300,564,000

10.Concrete purpose or use of the acquisition or disposition: Investment

 

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