Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Subsidiary obtaining JUSDA SUPPLY (JIAXING) shares

5th May 2017 12:09

RNS Number : 3491E
Hon Hai Precision Industry Co Ld
05 May 2017
 

Subject: Subsidiary JUSDA INTERNATIONAL LIMITED obtaining JUSDA SUPPLY CHAIN MANAGEMENT(JIAXING) CO., LTD. shares

Date of events:2017/05/05

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):

JUSDA SUPPLY CHAIN MANAGEMENT(JIAXING) CO., LTD. shares

2.Date of occurrence of the event:2016/12/26~2017/05/05

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

Total monetary amount:USD18,000,000

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

Follow company procurement authorization guideline:USD7,500,000

Board of Directors:USD10,500,000

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):

Current cumulative amount:USD18,000,000

Shareholding percentage: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:0.0364%,to shareholder's equity:0.0984%

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
 
 
MSCEAFSSEEPXEFF

Related Shares:

Hon Hai Precsn
FTSE 100 Latest
Value8,875.22
Change24.59