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Subsidiary SHENZHENSHI YUZHAN obtaining shares

3rd Apr 2020 09:22

RNS Number : 7289I
Hon Hai Precision Industry Co Ld
03 April 2020
 

Subject: Subsidiary SHENZHENSHI YUZHAN PRECISION TECHNOLOGY CO.,LTD. obtaining LightTech Group Co., Ltd. shares

Date of events:2020/04/03

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):

LightTech Group Co., Ltd. shares

2.Date of occurrence of the event:2020/04/03

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

Total amount equals RMB 250,000,000

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):Cash investment is not applied; None

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

The manner of deciding on this transaction: Negotiate

The reference basis for the decision on price: Market price

The decision-making department: Board of director

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):

Current cumulative amount: RMB 250,000,000;

shareholding percentage:5.88%;

restriction of rights: 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:0.035%, to shareholder's equity:0.086%

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

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

Long Term Investment

9.Name of the CPA firm: ATAX Accounting Firm

10.Name of the certifying CPA: Danny Cheng

11.The practice certificate number of the CPA:

Financial-Supervisory-Securities-Corporate-5720

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.
 
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