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Subsidiary obtaining IDG China Capital Fund III

26th Apr 2019 11:46

RNS Number : 2659X
Hon Hai Precision Industry Co Ld
26 April 2019
 

Subject: Subsidiary,Foxteq Holding Inc. obtaining IDG China Capital Fund III L.P.

Contents:

1. Name of the securities: 

IDG China Capital Fund III L.P.

2. Trading date: 2019/04/26

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

USD22,000,000

4. 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):

IDG China Capital Fund III L.P.;None

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

Negotiation; According to market conditions; 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):

USD100,000,000;approximately 10.8108%;restriction 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 operational capital as shown in the most recent financial statement:

Ratio to total assets:1.1780%, ratio to shareholder's equity:2.9981%

Operating Capital:NTD-28,636,429,000

8. Concrete purpose/objective of the acquisition or disposal:

Long Term Investment

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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