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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: 9.60
Bid: 9.59
Ask: 9.71
Change: 0.34 (3.67%)
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Obtaining real property right-of-use assets

12 May 2022 11:28

RNS Number : 2926L
Hon Hai Precision Industry Co Ld
12 May 2022
 

Subject: Obtaining real property right-of-use assets

Contents:

1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):

Building ANo. 26, Baogao Rd., Xindian Dist., New Taipei City

Building B5F., No. 28, Baogao Rd., Xindian Dist., New Taipei City

2.Date of occurrence of the event:2022/02/18~2022/05/12

3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:

Transaction unit amount:

 Building A17,827.09 square meters, equivalent to 5,392.69 ping

 Building B3,021.73 square meters, equivalent to 914.07 ping

unit price:

 Building ANTD 89,864.48 /ping

 Building BNTD 96,241.50 /ping

total transaction price:

 Building ANTD 484,611,303

 Building BNTD 87,971,471

 total transaction price NTD 572,582,774

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):New Taipei City Government Economic Development DepartmentNone

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:Na

6.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction:Na

7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition):Na

8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:

Buliding AThe contract period is 10years (2022/5/20-2032/5/19),priority to renew the lease upon expiration.Monthly rent NTD4,291,700 (including business tax),pre harvest payment,three months is a period.

Buliding BThe contract period is 10years (2022/2/18-2032/2/17),priority to renew the lease upon expiration.Monthly rent NTD764,663 (including business tax),pre harvest payment,three months is a period.

9.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 manner of deciding on this transaction: tender

The reference basis for the decision on price: market price

The decision-making unit: according to authorization of the Company and Board of Directors

10.Name of the professional appraisal firm or company and its appraisal price:Na

11.Name of the professional appraiser: Na

12.Practice certificate number of the professional appraiser: Na

13.The appraisal report has a limited price, specific price, or special price:Na

14.An appraisal report has not yet been obtained:Na

15.Reason for an appraisal report not being obtained:Na

16.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA:Na

17.Name of the CPA firm:Na

18.Name of the CPA:Na

19.Practice certificate number of the CPA:Na

20.Broker and broker's fee:None

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

As the software R&D center and semiconductor design center of the group,build an ecological park for the development of electric vehicle industry and cutting-edge science and technology

22.Any dissenting opinions of directors to the present transaction:Na

23.Whether the counterparty of the current transaction is a related party:None

24.Date of the board of directors resolution:Na

25.Date of ratification by supervisors or approval by the audit committee:Na

26.The transaction is to acquire a real property or right-of-use asset from a related party:Na

27.The price assessed in accordance with the Article 16 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies:Na

28.Where the above assessed price is lower than the transaction price, the price assessed in accordance with the Article 17 of the same regulations:Na

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

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29th Feb 202410:42 amRNSSubsidiary engaging others to build on owned land
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6th Feb 20249:26 amRNSFHH for engaging others to build on owned land
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31st Jan 202410:55 amRNSSubsidiary engaging others to build on rented land
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10th Jan 20249:51 amRNS113-1 Issue of Debt
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5th Jan 20247:56 amRNSUn-Audited Monthly Sales Ended December 31, 2023
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29th Dec 202310:09 amRNSSubsidiary its distribution of dividends
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1st Nov 20237:48 amRNSInvestor Conference on FY23 3rd Financial Results
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