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Subsidiary HONGFUJIN (YANTAI) obtained shares.

24th May 2016 12:54

RNS Number : 1550Z
Hon Hai Precision Industry Co Ld
24 May 2016
 

Subject: Subsidiary HONGFUJIN PRECISION ELECTRONS (YANTAI) CO.,LTD. part of the Hon Hai Group has obtained shares.

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):

FOXCONN PRECISON ELECTRONICS(YANTAI) Co.,LTD. shares

2.Date of occurrence of the event: 2016/05/24

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

USD123,000,000

4.The manner in which the current transaction was decided, the

reference basis for the decision on price, and the decision-making

department: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):

USD123,000,000approximately 75%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:0.2516%, to shareholder's equity:0.5713%,

Operating Capital:NTD99,061,713,000

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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