24th May 2016 12:54
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):
USD123,000,000;approximately 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
Related Shares:
Hon Hai Precsn