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Subsidiary obtaining Pacific Wealth shares

30th Apr 2015 11:57

RNS Number : 8621L
Hon Hai Precision Industry Co Ld
30 April 2015
 

Subject: Subsidiary Foxconn (Far East) Limited obtaining Pacific Wealth Consultants Limited shares

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):

Pacific Wealth Consultants Limited shares

2.Date of occurrence of the event:2015/04/30~2015/04/30

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

27,200,000 shares at US$1 each;total amount equals US$27,200,000

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):

Pacific Wealth Consultants Limited; parent and subsidiary companies

5.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

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):

37,965,342 sharesUSD37,965,342100%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 operating capital as shown in the most recent financial statement:

Ratio to total assets: 30.45%, to shareholder's equity: 80.36%

Operating Capital:NTD$151,035,865,000

8.Concrete purpose or use of the acquisition or disposition:

Long Term Investment

 

 

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