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 Mobile Drive Tech shares

29th Apr 2020 12:07

RNS Number : 3448L
Hon Hai Precision Industry Co Ld
29 April 2020
 

No:1

Subject:Subsidiary FIH Mobile Limited obtaining Execustar International Limited shares

Date of events: 2020/04/29

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):

Execustar International Limited common shares

2.Date of occurrence of the event: 2019/05/23~2020/04/29

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

16,597,123 shares at USD 1 each;total amount equals USD16,597,123.74

4.Counterparty 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):

Capital Increased by Cash is not applied;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:

Increase by cash in subsidiary's capital;Na

6.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

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):

Current cumulative volume: 1,309,915,567 shares;

Current cumulative amount: USD1,309,915,567.43;

shareholding percentage:100%;

restriction 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:1.6126%, to shareholder's equity:3.9389%

Operating Capital:NTD -104,738,702,000

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

Long Term Investment

 

 

No:2

Subject: Subsidiary Execustar International Limited obtaining Evenwell Holdings Limited shares

Date of events: 2020/04/29

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):

Evenwell Holdings Limited common shares

2.Date of occurrence of the event: 2019/05/23~2020/04/29

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

16,597,123 shares at USD 1 each;total amount equals USD16,597,123.74

4.Counterparty 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):

Capital Increased by Cash is not applied;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:

Increase by cash in subsidiary's capital;Na

6.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

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):

Current cumulative volume: 43,366,421 shares:

Current cumulative amount: USD43,366,421.43:

shareholding percentage:100%;

restriction 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:1.8394%, to shareholder's equity:4.4927%

Operating Capital:NTD -104,738,702,000

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

Long Term Investment

10.Is it a related party transaction?:Yes

11.Date of the board of directors'resolution: 2019/05/23~2020/04/29

 

 

No:3

Subject: Subsidiary Evenwell Holdings Limited obtaining Mobile Drive Technology Co., Ltd. Shares

Date of events: 2020/04/29

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):

Mobile Drive Technology Co., Ltd. common shares

2.Date of occurrence of the event: 2019/05/23~2020/04/29

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

50,000,000 shares at NTD 10 each;total amount equals NTD500,000,000

4.Counterparty 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):

Capital Increased by Cash is not applied;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:

Increase by cash in subsidiary's capital;Na

6.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

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):

Current cumulative volume: 50,000,000 shares;

Current cumulative amount: NTD500,000,000;

shareholding percentage:100%;

restriction 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:0.0429%, to shareholder's equity:0.1049%

@Operating Capital:NTD -104,738,702,000

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

Long Term Investment

10.Is it a related party transaction?:Yes

11.Date of the board of directors'resolution: 2019/05/23~2020/04/29

 

 

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.
 
END
 
 
MSCFLFILSVIAFII

Related Shares:

Hon Hai Precsn
FTSE 100 Latest
Value8,275.66
Change0.00