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Subsidiary obtaining FCNT SINGAPORE PTE. shares

26th Jul 2017 11:37

RNS Number : 1562M
Hon Hai Precision Industry Co Ld
26 July 2017
 

Subject: Subsidiary Foxconn Singapore Pte. Ltd.,part of the Hon Hai Group has obtaining FOXCONN CLOUD NETWORK TECHNOLOGY SINGAPORE PTE. LTD. shares

Date of events: 2017/07/26

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 CLOUD NETWORK TECHNOLOGY SINGAPORE PTE. LTD. shares

2.Date of occurrence of the event: 2017/07/26

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

19,000,000 shares at USD$1 each; total amount equals USD$19,000,000

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):

20,000,000 sharesUSD20,000,000approximately 100%

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:0.0208%, to shareholder's equity:0.0546%

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

7.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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