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Subsidiary HongFuJin(Shenzhen) obtained shares

11th Sep 2014 11:18

RNS Number : 4201R
Hon Hai Precision Industry Co Ld
11 September 2014
 

Subject: Hong Fu Jin Precision Industrial (Shen Zhen) CO., LTD.part of the Hon Hai Group has obtained shares.

Date of events:2014/09/11

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): 

Futaihua Precision Electronic (Jiyuan) Co. Limited shares

2.Date of occurrence of the event:2014/09/11

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

total amout equals USD100,000,000

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):

Futaihua Precision Electronic (Jiyuan) Co. Limited.Connection company

5.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-makingdepartment: 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): 

USD100,000,000approximately 17.39%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:0.404%, to shareholder's equity:0.87%

Operating Capital:NTD117,282,323,000

8.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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Related Shares:

Hon Hai Precsn
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