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Subsidiary obtaining FEWI Development shares

21 May 2019 13:35

RNS Number : 7322Z
Hon Hai Precision Industry Co Ld
21 May 2019
 

No.1

Subject: Subsidiary Foxconn (Far East) Limited obtaining Foxteq Holdings Inc. shares

Date of events: 2019/05/21

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):

Foxteq Holdings Inc. common shares

2.Date of occurrence of the event: 2019/05/21~2019/05/21

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

4,684,000,000 shares at USD$0.1 each;total amount equals USD$468,400,000

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):

Foxteq Holdings Inc.;parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party,

a public announcement shall also be made of the reason for choosing

the related party as trading counterpart and the identity of the

previous owner (including its relationship with the company and the

trading counterpart), price of transfer, and date of acquisition:

Increase by cash in subsidiary's capital;Na

6.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

7.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):

16,100,988,350 sharesUSD1,610,098,835approximately 100%restrictiion of rights:None

8.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:11.4516%, ratio to shareholder's equity:27.8736%

Operating Capital:NTD-28,636,429,000

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

Long Term Investment

 

 

No.2

Subject: Subsidiary Foxteq Holdings Inc. obtaining Foxteq Integration Inc. shares

Date of events: 2019/05/21

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):

Foxteq Integration Inc.common shares

2.Date of occurrence of the event: 2019/05/21~2019/05/21

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

4,684,000,000 shares at USD$0.1 each;total amount equals USD$468,400,000

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):

Foxteq Integration Inc. ;parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party,

a public announcement shall also be made of the reason for choosing

the related party as trading counterpart and the identity of the

previous owner (including its relationship with the company and the

trading counterpart), price of transfer, and date of acquisition:

Increase by cash in subsidiary's capital;Na

6.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

7.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):

8,526,988,307,497 sharesUSD852,630,749.7approximately 100%restrictiion of rights:None

8.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:1.6362%, ratio to shareholder's equity:3.9825%

Operating Capital:NTD-28,636,429,000

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

Long Term Investment

 

 

No.3

Subject: Subsidiary Foxteq Integration Inc. obtaining PCE Paragon Solutions kft. shares

Date of events: 2019/05/21

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):

PCE Paragon Solutions kft.common shares

2.Date of occurrence of the event: 2019/05/21~2019/05/21

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

100,000 shares at USD$4,684 each;total amount equals USD$468,400,000

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):

PCE Paragon Solutions kft. ;parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party,

a public announcement shall also be made of the reason for choosing

the related party as trading counterpart and the identity of the

previous owner (including its relationship with the company and the

trading counterpart), price of transfer, and date of acquisition:

Increase by cash in subsidiary's capital;Na

6.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

7.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):

150,196,424 sharesUSD794,096,424approximately 100%restrictiion

of rights:None

8.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:1.6362%, ratio to shareholder's equity:3.9825%

@Operating Capital:NTD-28,636,429,000

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

Long Term Investment

 

 

No.4

Subject: Subsidiary PCE Paragon Solutions kft. obtainingFE HOLDINGS USA, INC. shares

Date of events: 2019/05/21

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):

FE HOLDINGS USA, INC. common shares

2.Date of occurrence of the event: 2019/05/21~2019/05/21

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

46,840 shares at USD$10,000 each;total amount equals USD$468,400,000

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):

FE HOLDINGS USA, INC.;parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party,

a public announcement shall also be made of the reason for choosing

the related party as trading counterpart and the identity of the

previous owner (including its relationship with the company and the

trading counterpart), price of transfer, and date of acquisition:

Increase by cash in subsidiary's capital;Na

6.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

7.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):

54,880 sharesUSD548,800,000approximately 77.34%restrictiion

of rights:None

8.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:0.7581%, ratio to shareholder's equity:1.8453%

Operating Capital:NTD-28,636,429,000

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

Long Term Investment

 

 

No.5

Subject: Subsidiary Foxteq Integration Inc. obtaining SIO INTERNATIONAL WISCONSIN, INC. shares

Date of events: 2019/05/21

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):

SIO INTERNATIONAL WISCONSIN, INC. common shares

2.Date of occurrence of the event: 2019/05/21~2019/05/21

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

776,000 shares at USD$500 each;total amount equals USD$388,000,000

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):

SIO INTERNATIONAL WISCONSIN, INC.;parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party,

a public announcement shall also be made of the reason for choosing

the related party as trading counterpart and the identity of the

previous owner (including its relationship with the company and the

trading counterpart), price of transfer, and date of acquisition:

Increase by cash in subsidiary's capital;Na

6.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

7.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):

1,257,600 sharesUSD628,800,000approximately 100%restrictiion

of rights:None

8.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:0.6298%, ratio to shareholder's equity:1.5330%

Operating Capital:NTD-28,636,429,000

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

Long Term Investment

 

 

No.6

Subject: Subsidiary SIO INTERNATIONAL WISCONSIN, INC. obtaining

FEWI Development Corporation. shares

Date of events: 2019/05/21

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):

FEWI Development Corporation. common shares

2.Date of occurrence of the event: 2019/05/21~2019/05/21

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

2,600,000 shares at USD$10 each;total amount equals USD$26,000,000

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):

FEWI Development Corporation. ;parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party,

a public announcement shall also be made of the reason for choosing

the related party as trading counterpart and the identity of the

previous owner (including its relationship with the company and the

trading counterpart), price of transfer, and date of acquisition:

Increase by cash in subsidiary's capital;Na

6.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

7.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):

11,870,000 sharesUSD118,700,000approximately 100%restrictiion

of rights:None

8.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:0.1189%, ratio to shareholder's equity:0.2894%

Operating Capital:NTD-28,636,429,000

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

Long Term Investment

 

 

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 rns@lseg.com or visit www.rns.com.
 
END
 
 
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