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Subsidiary HenanYupin&HenanJiagang Obtain of land

27th Dec 2017 07:00

RNS Number : 2803A
Hon Hai Precision Industry Co Ld
25 December 2017
 

No.1

Subject: Subsidiary HenanYupin Property Limited Obtain of land

Date of events: 2017/12/25

Contents:

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

Zhengzhou Airport Port Yongzhou Road east, south of empty seven

road, west of Xiangzhou Road, North of the ancestral road

2.Date of the occurrence of the event: 2017/12/25

3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing),

unit price, total transaction price:

Transaction volume: 72,305.1, convert into 21,872.29 Ping

Unit price: RMB10,538.91/Ping

Total transaction price:RMB230,510,000

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):

ZHENGZHOU AIRPORT ECONOMY ZONE THE BUREAU OF LAND AND RESOURCES ;None

5.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:

Tender invitation ;Market price;Board of director

6.Has an appraisal report not yet been obtained?:

Counterparty to the trade is a government agency

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

Operation requirement

 

No.2

Subject: Subsidiary Henan Jiagang Co.,Ltd. Obtain of land

Date of events: 2017/12/25

Contents:

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

Zhengzhou Airport Port Area Cruise Road South, Chang'an Road East, Poyang Lake Road South, Huaxia Avenue East, Chang'an Road West

2.Date of the occurrence of the event: 2017/12/25

3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing),

unit price, total transaction price:

Transaction volume: 176,888.8, convert into 53,508.86 Ping

Unit price: RMB9,528.89/Ping

Total transaction price:RMB509,880,000

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):

ZHENGZHOU AIRPORT ECONOMY ZONE THE BUREAU OF LAND AND RESOURCES ;None

5.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:

Tender invitation ;Market price;Board of director

6.Has an appraisal report not yet been obtained?:

Counterparty to the trade is a government agency

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

Operation requirement

 

 

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