25th Mar 2013 12:27
Subject:To announce the disposal of PRC investment
Date of events:2013/03/25
Contents:
1.Date of occurrence of the event:2013/03/25
2.Method of the present increase (decrease) in investment:
The Company's subsidiary Foxconn (Far East) Limited-CAYMAN turn invested
subsidiary Ocean TriumphLimited disposal held MediaMarkt (China)
International Retail Holding Ltd. 25% stake, indirect disposal of
MediaMarkt (Shanghai) Consulting Service Company Limited and MediaMarkt
(Shanghai) Commercial & Trading Company Limited
3.Transaction volume, price per unit, and total monetary
amount of the transaction:USD$17,500,000
4.Paid-in capital of said invested mainland Chinese company:
MediaMarkt (Shanghai) Consulting Service Company Limited:USD$35,000,000;
MediaMarkt (Shanghai) Commercial & Trading Company Limited:USD$135,000,000
5.Amount of new capital increment currently planned by said invested mainland Chinese company:na
6.Main business items of said invested mainland Chinese
MediaMarkt (Shanghai) Consulting Service Company Limited:Consulting Service;
MediaMarkt (Shanghai) Commercial & Trading Company Limited:3C
7.Amount of actual investment to date in said invested mainland Chinese company:
MediaMarkt (Shanghai) Consulting Service Company Limited:USD$8,750,000;
MediaMarkt (Shanghai) Commercial & Trading Company Limited:USD$41,250,000
Related Shares:
Hon Hai Precsn