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Subsidiary obtaining AFE INC. shares

13th Sep 2017 11:19

RNS Number : 6392Q
Hon Hai Precision Industry Co Ld
13 September 2017
 

No.1

Subject: Subsidiary Foxconn (Far East) Limited obtaining Foxteq Holdings Inc. shares

Date of events:2017/09/13

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):

Foxteq Holdings inc. common shares

2.Date of occurrence of the event: 2017/09/13~2017/09/13

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

235,000,000 shares at USD$0.1 each;total amount equals USD$23,500,000

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):

Foxteq Holdings Inc.; parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party,

a public announcement shall also be made of the reason for choosing

the related party as trading counterpart and the identity of the

previous owner (including its relationship with the company and the

trading counterpart), price of transfer, and date of acquisition:

Subsidiary to Capital Increased by Cash

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

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

department: According to denomination; Board of Directors

7.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):

8,904,237,880 sharesUSD890,423,788approximately 100%restrictiion of rights: None

8.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:10.4039%, ratio to shareholder's equity:28.5866%

Operating Capital:NTD-40,666,643,000

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

Long Term Investment

 

 

No.2

Subject: Subsidiary Foxteq Holdings Inc. obtaining Foxteq Integration Inc. shares

Date of events:2017/09/13

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):

Foxteq Integration Inc. common shares

2.Date of occurrence of the event: 2017/09/13~2017/09/13

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

235,000,000 shares at USD$0.1 each;total amount equals USD$23,500,000

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):

Foxteq Integration Inc.; parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party,

a public announcement shall also be made of the reason for choosing

the related party as trading counterpart and the identity of the

previous owner (including its relationship with the company and the

trading counterpart), price of transfer, and date of acquisition:

Subsidiary to Capital Increased by Cash

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

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

department: According to denomination; Board of Directors

7.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):

2,308,260,120 sharesUSD230,826,012approximately 100%restrictiion of rights :None

8.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:0.9365%, ratio to shareholder's equity:2.5732%

Operating Capital:NTD-40,666,643,000

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

Long Term Investment

 

 

No.3

Subject: Subsidiary Foxteq Integration Inc. obtaining PCE Paragon Solutions kft. shares

Date of events:2017/09/13

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):

PCE Paragon Solutions kft. common shares

2.Date of occurrence of the event: 2017/09/13~2017/09/13

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

23,500,000 shares at USD$1 each;total amount equals USD$23,500,000

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):

PCE Paragon Solutions kft.; parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party,

a public announcement shall also be made of the reason for choosing

the related party as trading counterpart and the identity of the

previous owner (including its relationship with the company and the

trading counterpart), price of transfer, and date of acquisition:

Subsidiary to Capital Increased by Cash

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

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

department: According to denomination; Board of Directors

7.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):

172,996,424 sharesUSD172,996,424approximately 100%restrictiion

of rights:None

8.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:0.2607%, ratio to shareholder's equity:0.7164%

Operating Capital:NTD-40,666,643,000

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

Long Term Investment

 

 

 

No.4

Subject: Subsidiary PCE Paragon Solutions kft. obtaining AFE INC. shares

Date of events:2017/09/13

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):

AFE INC. common shares

2.Date of occurrence of the event: 2017/09/13~2017/09/13

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

2,350,000 shares at USD$10 each;total amount equals USD$23,500,000

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):

AFE INC.; parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party,

a public announcement shall also be made of the reason for choosing

the related party as trading counterpart and the identity of the

previous owner (including its relationship with the company and the

trading counterpart), price of transfer, and date of acquisition:

Subsidiary to Capital Increased by Cash

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

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

department: According to denomination; Board of Directors

7.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):

2,350,000 sharesUSD23,500,000approximately 100%restrictiion

of rights: None

8.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:0.0986%, ratio to shareholder's equity:0.2708%

Operating Capital:NTD-40,666,643,000

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

Long Term Investment

 

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