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Pin to quick picksHon Hai Precsn Regulatory News (HHPD)

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Subsidiary Foxconn (Far East) obtaining ECMMS

11 Jun 2015 12:17

RNS Number : 9183P
Hon Hai Precision Industry Co Ld
11 June 2015
 

Subject:

Subsidiary Foxconn (Far East) Limited obtaining ECMMS PRECISION SINGAPORE PTE. LTD. shares

Date of events:2015/06/11

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):

ECMMS PRECISION SINGAPORE PTE. LTD. shares

2.Date of occurrence of the event:2015/06/11~2015/06/11

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

43,010,000 shares at US$1 each;total amount equals US$43,010,000

4.Counterpart 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):

ECMMS PRECISION SINGAPORE PTE. LTD.;parent and subsidiary companies

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

Board of Directors

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):

43,010,000 sharesï¼›USD43,010,000ï¼›100%ï¼›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:34.66%, to shareholder's equity:81.71%

Operating Capital:NTD$131,936,379,000

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

Long Term Investment

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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