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Subsidiary FUTAIHUA (SHENZHEN) obtained shares

13th Aug 2014 12:06

RNS Number : 0322P
Hon Hai Precision Industry Co Ld
13 August 2014
 

Subject: FUTAIHUA INDUSTRIAL (SHENZHEN) CO., LTD.part of the Hon Hai Group has obtained shares.

Date of events:2014/08/13

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): 

FUJIN PRECISION INDUSTRIAL(JIN CHENG) CO., LTD. shares

2.Date of occurrence of the event:2014/08/13

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

total amout equals USD 64,000,000

4.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-makingdepartment: Board of Directors

5.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): 

USD164,000,000approximately 24.6%restrictiion of rights:None

6.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:2.70%, to shareholder's equity:5.77%

Operating Capital:NTD117,282,323,000

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

Long Term Investment

 

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