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Subsidiary FuJin (JinCheng) obtain of factory

11th Mar 2020 10:09

RNS Number : 7677F
Hon Hai Precision Industry Co Ld
11 March 2020
 

Subject:Subsidiary FuJin Precision Industrial (JinCheng) Co., Ltd. obtain of factory

Contents:

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

The construction in green area of FOXCONN lies to the north of RED STAR street and the east of LV JIANG road.;

The construction in A area of FOXCONN lies to the north of XIN SHI street and the east of ORCHID road in the economy and technology development zone of JIN CHENG city.

2.Date of the occurrence of the event:2020/03/11

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

Transaction volume: 383,144.34 , convert into 115,901.161 Ping

Unit price: RMB 13,110.2959/Ping

Total transaction price: RMB 1,519,498,526.03 (another afford the financing cost RMB 610,621,216.45)

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):

FOXCONN(JC) TECHNOLOGY INDUSTRIAL PARK KEY PROJECT SERVICE CENTRE ;None

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

Pay in lump sum within 30 working days after the complete a transaction.

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:

The manner of deciding on this transaction:Tender invitation

The reference basis for the decision on price:Market price

The decision-making department:Board of director

7.Name of the professional appraisal institution and its appraisal amount:

JINCHENG ZHONGZHIXIN ASSET ASSESSMENT OFFICE ; RMB 1,519,498,526.03

Beijing Zhongqin Yongli Asset Evaluation Co., Ltd. ; RMB 1,530,277,560

8.Name of the appraiser:

JINCHENG ZHONGZHIXIN ASSET ASSESSMENT OFFICE ; JI,JIOU-LU

Beijing Zhongqin Yongli Asset Evaluation Co., Ltd. ; DUAN,SIOU-CING

9.Practice certificate number of the appraiser:

JI,JIOU-LU : No.14030093

DUAN,SIOU-CING : No.23000178

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

Operation requirement

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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