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Pin to quick picksHon Hai Precsn Regulatory News (HHPD)

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Subsidiary obtaining SUIRUI Co., Ltd. shares

28 Aug 2018 12:06

RNS Number : 0180Z
Hon Hai Precision Industry Co Ld
28 August 2018
 

No.1

Subject: Subsidiary HongFuJin Precision Electronics (TianJin) Co., Ltd. obtaining BaiChang Technology Service(TianJin) Co.,Ltd. shares

Date of events: 2018/08/28

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):

BaiChang Technology Service(TianJin) Co.,Ltd. shares

2.Date of occurrence of the event: 2018/08/28~2018/08/28

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

Total amount equals RMB250,011,840

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):

BaiChang Technology Service(TianJin) Co.,Ltd.

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:

Subsidiary to Capital Increased by Cash

6.The manner in which the current transaction was decided, the

reference basis for the decision on price, and the decision-making

department: Follow company procurement authorization guideline and 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):

RMB265,011,840100%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:0.0475%, to shareholder's equity:0.1307%

Operating Capital:NTD-49,014,668,000

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

Long Term Investment

 

 

No.2

Subject: Subsidiary BaiChang Technology Service(TianJin) Co.,Ltd. obtaining SUIRUI Co., Ltd. shares

Date of events: 2018/08/28

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):

SUIRUI Co., Ltd. common shares

2.Date of occurrence of the event: 2018/08/28~2018/08/28

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

9,246,000 shares at RMB27.04 each;total amount equals RMB250,011,840

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):

SUIRUI Co., Ltd.None

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: Na

6.The manner in which the current transaction was decided, the

reference basis for the decision on price, and the decision-making

department: Negotiation ;Evaluation value ;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):

9,246,000 sharesRMB250,011,8405.2634%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:0.0344%, to shareholder's equity:0.0947%

Operating Capital:NTD-49,014,668,000

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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