Subsidiary FFE acquires public tender TELEEYE

Subject: Subsidiary Foxconn (Far East) Limited acquires through public tender offer TELEEYE HOLDINGS LIMITED shares.

Date of events:2016/04/14

Contents:

1.Type of merger/acquisition (e.g.merger, consolidation, spin-off,

acquisition, or receiving assignment of shares):acquisition

2.Date of occurrence of the event:2016/04/14

3.Names of companies participating in the merger (e.g.name of the other

company participating in the merger or consolidation, newly established

company in a spin-off, acquired company, or company whose shares are

taken assignment of):TELEEYE HOLDINGS LIMITED

4.Purpose/objective of the merger/acquisition: Develop new business

5.Anticipated benefits of the merger/acquisition:

The Group aims to strategically diversify into new products and services as

engines for growth.

6.Scheduled timetable for consummation:2016/5/26

7.Basic information of companies participating in the merger:

TeleEye Group is primarily focused on the development, sales and marketing

of full range of hi-tech CCTV, DVR and digital surveillance equipment.

Website: http://www.teleeye.com/Eng/c_home.html

8.Do the directors have any objection to the present transaction?:

According to Hong Kong's regulation, once receiving the approval from

Securities and Futures Commission of Hong Kong, the company may

initiate the public tender offer.