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Subsidiary obtained shares.

12th Mar 2014 10:33

RNS Number : 1158C
Hon Hai Precision Industry Co Ld
12 March 2014
 

Subject: Shenzhen Fu Tai Hong Precision Industry 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):

FIH PRECISION ELECTRONICS (LANG FANG) CO., LTD. shares

2. Date of occurrence of the event:2014/03/12

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

Total amout equals USD$180,000,000

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):

USD$180,000,00037.85%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:

0.366%0.8305% NTD$91,402,480,000

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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