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Subsidiary obtaining CyberNet shares

31 Aug 2017 11:56

RNS Number : 4588P
Hon Hai Precision Industry Co Ld
31 August 2017
 

Subject: Subsidiary Icreate Investments Limited Limited obtaining CyberNet Venture Capital Corp. shares

Date of events:2017/08/31

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):

CyberNet Venture Capital Corp. shares

2.Date of occurrence of the event: 2017/08/31~2017/08/31

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

250,000,000 shares at USD$1 each;total amount equals USD$250,000,000

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

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

department: According to denomination; Board of Directors

5.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):

269,252,835 sharesUSD269,252,835approximately 100%restrictiion

of rights:None

6.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:0.7%, ratio to shareholder's equity:1.8%

Operating Capital:NTD-40,666,643,000

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

Long Term Investment

 

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