Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Subsidiary has obtaining and disposal shares

19th Jun 2017 11:53

RNS Number : 4782I
Hon Hai Precision Industry Co Ld
19 June 2017
 

No.1

Subject: Subsidiary Ever Rise Holdings Limited,part of the Hon Hai Group has disposal Glory Star Investments Limited shares

Date of events:2017/06/19

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):

Glory Star Investments Limited shares

2.Date of occurrence of the event: 2017/06/19

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

70,000,000 shares at USD$1.31146 each;total amount equals

USD$91,802,854.68

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):

Focus PC Enterprises Limited;Connection company

5.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department: Book value ;Board of Directors

6.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 sharesUSD0approximately 0%restrictiion of rights:None

7.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:0.00%, to shareholder's equity:0.00%

Operating Capital:NTD-40,666,643,000

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

organization Structure Modification

 

No.2

Subject: Subsidiary Focus PC Enterprises Limited,part of the Hon Hai Group has obtaining Glory Star Investments Limited shares

Date of events:2017/06/19

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):

Glory Star Investments Limited shares

2.Date of occurrence of the event: 2017/06/19

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

70,000,000 shares at USD$1.31146 each;total amount equals

USD$91,802,854.68

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):

Ever Rise Holdings Limited;Connection company

5.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department: Book value ;Board of Directors

6.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):

70,000,000 sharesUSD91,802,854.68approximately 100%

restrictiion of rights:None

7.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:0.1785%, to shareholder's equity:0.4675%

Operating Capital:NTD-40,666,643,000

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

organization Structure Modification

 

No.3

Subject: Subsidiary Ever Rise Holdings Limited,part of the Hon Hai Group has disposal Rich Excel International Limited shares

Date of events:2017/06/19

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):

Rich Excel International Limited shares

2.Date of occurrence of the event: 2017/06/19

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

80,000,000 shares at USD$1.00901 each;total amount equals

USD$80,721,008.34

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):

Focus PC Enterprises Limited; Connection company

5.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department: Book value ;Board of Directors

6.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 sharesUSD0approximately 0%restrictiion of rights:None

7.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:0.00%, to shareholder's equity:0.00%

Operating Capital:NTD-40,666,643,000

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

organization Structure Modification

 

No.4

Subject: Subsidiary Focus PC Enterprises Limited,part of the Hon Hai Group has obtaining Rich Excel International Limited shares

Date of events:2017/06/19

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):

Rich Excel International Limited shares

2.Date of occurrence of the event: 2017/06/19

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

80,000,000 shares at USD$1.00901 each;total amount equals

USD$80,721,008.34

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):

Ever Rise Holdings Limited; Connection company

5.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department: Book value ;Board of Directors

6.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):

80,000,000 sharesUSD80,721,008.34approximately 100%

restrictiion of rights:None

7.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:0.1785%, to shareholder's equity:0.4675%

Operating Capital:NTD-40,666,643,000

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

organization Structure Modification

 

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

Related Shares:

Hon Hai Precsn
FTSE 100 Latest
Value8,875.22
Change24.59