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Subsidiary obtaining shares

18th Jan 2021 09:45

RNS Number : 0058M

Hon Hai Precision Industry Co Ld

18 January 2021

No:1

Subject:Subsidiary, Foxconn (Far East) Limited obtaining Foxteq Holdings Inc. Shares

Contents:

1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.):Foxteq Holdings Inc. common shares

2.Date of occurrence of the event:2020/05/12~2021/01/18

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

Amount: 356,000,000 shares at USD 0.1 each per ;

Total transaction amount:USD 35,600,000

4.Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be disclosed):Cash investment is not applied;Parent and subsidiary companies

5.Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer:Cash capital increase of subsidiary;Na

6.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:None

7.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit: The decision-making department:Follow company procurement authorization guideline and Board of director

8.Cumulative no.of shares held (including the current transaction), their monetary amount, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment:

Cumulative amount held: 16,651,788,350 shares

Cumulative monetary amount held:USD 1,665,178,835.01

Shareholding percentage:100%

Restriction of rights:None

9.Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial statement and working capital as shown in the most recent financial statement as of the present:

Ratio to total assets:10.9816%;

Ratio to owners'equity:27.4671%;

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

10.Concrete purpose or use of the acquisition or disposal:Long Term Investment

11.Whether the counterparty of the current transaction is a related party:Yes

12.Date of the board of directors resolution:2021/01/18

13.Date of ratification by supervisors or approval by the Audit Committee:NA

14.Details on transactions with the counterparty for the past year and the expected coming year:

The past one year:USD 134,980,000

The next year:None

15.Source of funds:private capital

16.Any other matters that need to be specified:None

No:2

Subject:Subsidiary, Foxteq Holdings Inc.obtaining Foxteq Integration Inc. Shares

Contents:

1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.):Foxteq Integration Inc. common shares

2.Date of occurrence of the event:2020/05/12~2021/01/18

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

Amount: 356,000,000 shares at USD 0.1 each per ;

Total transaction amount:USD 35,600,000

6.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:None

7.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit:The decision-making department:Follow company procurement authorization guideline and Board of director

8.Cumulative no.of shares held (including the current transaction), their monetary amount, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment:

Cumulative amount held: 8,787,345,987 shares

Cumulative monetary amount held:USD 878,734,598.7

Shareholding percentage:100%

Restriction of rights:None

Ratio to total assets:1.5047%;

Ratio to owners'equity:3.7635%;

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

10.Concrete purpose or use of the acquisition or disposal:Long Term Investment

11.Whether the counterparty of the current transaction is a related party:Yes

12.Date of the board of directors resolution:2021/01/18

13.Date of ratification by supervisors or approval by the Audit Committee:NA

14.Details on transactions with the counterparty for the past year and the expected coming year:

The past one year:USD 105,010,000

The next year:None

15.Source of funds:private capital

16.Any other matters that need to be specified:None

No:3

Subject:Subsidiary, Foxteq Integration Inc. obtaining PCE Paragon Solutions kft. Shares

Contents:

1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.):PCE Paragon Solutions kft. common shares

2.Date of occurrence of the event:2020/05/12~2021/01/18

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

Amount: 100,000 shares at USD 356 each per ;

Total transaction amount:USD 35,600,000

6.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:None

7.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit:The decision-making department:Follow company procurement authorization guideline and Board of director

8.Cumulative no.of shares held (including the current transaction), theirmonetary amount, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment:

Cumulative amount held: 150,296,424 shares

Cumulative monetary amount held:USD 850,804,600.71

Shareholding percentage:100%

Restriction of rights:None

Ratio to total assets:0.8348%;

Ratio to owners'equity:2.0881%;

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

10.Concrete purpose or use of the acquisition or disposal:Long Term Investment

11.Whether the counterparty of the current transaction is a related party:Yes

12.Date of the board of directors resolution:2021/01/18

13.Date of ratification by supervisors or approval by the Audit Committee:NA

14.Details on transactions with the counterparty for the past year and the expected coming year:

The past one year:USD 105,010,000

The next year:None

15.Source of funds:private capital

16.Any other matters that need to be specified:None

No:4

Subject:Subsidiary,PCE Paragon Solutions kft. obtaining FE HOLDINGS USA, INC. Shares

Contents:

1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.):FE HOLDINGS USA, INC. common shares

2.Date of occurrence of the event:2020/05/13~2021/01/18

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

Amount: 3,560 shares at USD 10,000 each per ;

Total transaction amount:USD 35,600,000

6.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:None

7.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit:The decision-making department:Follow company procurement authorization guideline and Board of director

8.Cumulative no.of shares held (including the current transaction), their monetary amount, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment:

Cumulative amount held:62,390 shares

Cumulative monetary amount held:USD 623,900,000

Shareholding percentage:88.58%

Restriction of rights:None

Ratio to total assets:0.7633%;

Ratio to owners'equity:1.9093%;

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

10.Concrete purpose or use of the acquisition or disposal:Long Term Investment

11.Whether the counterparty of the current transaction is a related party:Yes

12.Date of the board of directors resolution:2021/01/18

13.Date of ratification by supervisors or approval by the Audit Committee:NA

14.Name of the CPA firm:ATAX Accounting Firm

15.Name of the CPA:Danny Cheng

16.Practice certificate number of the CPA:Financial-Supervisory-Securities-Corporate-5720

17.Details on transactions with the counterparty for the past year and the expected coming year:

The past one year:USD 105,000,000

The next year:None

18.Source of funds:private capital

19.Any other matters that need to be specified:None

No:5

Subject:Subsidiary, FE HOLDINGS USA, INC.obtaining SIO INTERNATIONAL WISCONSIN, INC. Shares

Contents:

1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.):SIO INTERNATIONAL WISCONSIN, INC. common shares

2.Date of occurrence of the event:2020/05/13~2021/01/18

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

Amount:71,200 shares at USD 500 each per ;

Total transaction amount:USD 35,600,000

6.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:None

7.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit:The decision-making department:Follow company procurement authorization guideline and Board of director

8.Cumulative no.of shares held (including the current transaction), their monetary amount, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment:

Cumulative amount held:1,407,800 shares

Cumulative monetary amount held:USD 703,900,000

Shareholding percentage:100%

Restriction of rights:None

Ratio to total assets:0.6534%;

Ratio to owners'equity:1.6342%;

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

10.Concrete purpose or use of the acquisition or disposal:Long Term Investment

16.Any dissenting opinions of directors to the present transaction:None

11.Whether the counterparty of the current transaction is a related party:Yes

12.Date of the board of directors resolution:2021/01/18

13.Date of ratification by supervisors or approval by the Audit Committee:NA

14.Details on transactions with the counterparty for the past year and the expected coming year:

The past one year:USD 105,000,000

The next year:None

15.Source of funds:private capital

16.Any other matters that need to be specified:None

No:6

Subject:Subsidiary, SIO INTERNATIONAL WISCONSIN, INC. obtaining FEWI Development Corporation Shares

Contents:

1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.):FEWI Development Corporation common shares

2.Date of occurrence of the event:2020/05/13~2021/01/18

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

Amount:2,200,000 shares at USD 10 each per ;

Total transaction amount:USD 22,000,000

6.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:None

7.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit:The decision-making department:Follow company procurement authorization guideline and Board of director

8.Cumulative no.of shares held (including the current transaction), their monetary amount, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment:

Cumulative amount held:20,920,000 shares

Cumulative monetary amount held:USD 209,200,000

Shareholding percentage:100%

Restriction of rights:None

Ratio to total assets:0.6404%;

Ratio to owners'equity:1.6018%;

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

10.Concrete purpose or use of the acquisition or disposal:Long Term Investment

11.Whether the counterparty of the current transaction is a related party:Yes

12.Date of the board of directors resolution:2021/01/18

13.Date of ratification by supervisors or approval by the Audit Committee:NA

14.Details on transactions with the counterparty for the past year and the expected coming year:None

15.Source of funds:private capital

16.Any other matters that need to be specified:None

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