25th Mar 2020 10:36
Subject:Subsidiary FuJin Precision Industrial (JinCheng) Co., Ltd. obtain of land use right
Contents:
1.Name and nature of the subject matter (e.g.land located at Sublot XX, Lot XX, North District, Taichung City):
The land in green area of FOXCONN lies to the north of RED STAR street and the east of LV JIANG road.;The land 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:2020/03/25
3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing), unit price, total transaction price:
Transaction volume: 380,145.5 square meters, equivalent to 114,994.011 p'ing
Unit price: RMB 1,718.656/ p'ing
Total transaction price: RMB 197,635,091
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 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:
SHANXI QIANMUO REAL ESTATE ASSESSMENT LIMITED COMPANY ; RMB197,635,091
8.Name of the appraiser:
WANG,JHIH-YING
9.Practice certificate number of the appraiser:
No.2004140058
10.Concrete purpose or use of the acquisition or disposal:
Operation requirement
Related Shares:
Hon Hai Precsn