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Subsidiary obtaining ShanXi Yuding shares

26th Jun 2017 11:21

RNS Number : 1620J
Hon Hai Precision Industry Co Ld
26 June 2017
 

Subject: Subsidiary FUTAIHUA PRECISION ELECTRONICS (ZHENGZHOU) CO.,LTD. obtaining ShanXi Yuding Precision Technology CO.,LTD shares

Date of events:2017/06/26

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):

ShanXi Yuding Precision Technology CO.,LTD. shares

2.Date of occurrence of the event: 2017/06/26

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

RMB1,110,000,000

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):

RMB1,110,000,000approximately 55.5%restriction 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: 0.1670%, ratio to shareholder's equity: 0.4374%

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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