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Pin to quick picksHon Hai Precsn Regulatory News (HHPD)

Share Price Information for Hon Hai Precsn (HHPD)

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Share Price: 10.40
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Change: 0.26 (2.56%)
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Open: 10.30
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Prev. Close: 10.14
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Donate five million doses of BNT162b2 vaccine

12 Jul 2021 07:00

RNS Number : 8403E
Hon Hai Precision Industry Co Ld
11 July 2021
 

Subject: Hon Hai &YongLin Foundation jointly donate five million (5,000,000) doses of BNT162b2 vaccine to Taiwan CDC for use to fight off the COVID-19 pandemic

Contents:

1. Date of occurrence of the event: 2021/07/11

2. Reason for the donation: Hon Hai &YongLin Foundation jointly donate five million (5,000,000) doses of BNT162b2 vaccinefor use to fight off the COVID-19 pandemic.

3. Total amount of the donation: The approximate value will not exceed USD$175,000,000 (including the vaccine procurement, the necessary cold-chain logistics and handling services, and the insurance).Hon Hai will not exceedUS$105,000,000 and YongLin Foundation will not exceed US$70,000,000.

4. Counterparty to the donation: Taiwan Centers for Disease Control,Ministry of Health and Welfare, Executive Yuan.

5. Relationship with the Company: none.

6. Name and resume of independent director(s) that expressed an objection or qualified opinion: NA.

7. Objection or qualified opinion by the aforementioned independent director(s): NA.

8. Any other matters that need to be specified: This donation is an emergency donation made for the public welfare for material disasters relief. This donation will be proposed to Hon Hai's Board Meeting for the Board's ratification.

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