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Subsidiary obtaining & disposing Ingrasys shares

24 Aug 2017 11:01

RNS Number : 9063O
Hon Hai Precision Industry Co Ld
24 August 2017
 

No.1

Subject: Subsidiary Hyield Venture Capital Co.,Ltd.part of the Hon Hai Group has disposal Ingrasys Technology Co.Ltd. shares

Date of events:2017/08/24

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):

Ingrasys Technology Co.Ltd. shares

2.Date of occurrence of the event: 2017/08/24~2017/08/24

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

45,410,000 shares at about NTD36.3356089 each;total amount equals

NTD1,650,000,000

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):

Ingrasys (Singapore) Pte. Ltd.Connection company

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:

Organization Structure Modification

6.Anticipated profit or loss from the disposal (not applicable in

cases of acquisition of securities) (where originally deferred, the

status or recognition shall be stated and explained): NTD108,090,111

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

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

department:

Negotiation; Per market price; Board of Directors

8.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):

0 sharesNTD0approximately 0%restrictiion of rights: None

9.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:0.68%, to shareholder's equity:1.87%

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

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

Organization Structure Modification

 

No.2

Subject: Subsidiary Ingrasys (Singapore) Pte. Ltd.,part of the Hon Hai Group has obtained Ingrasys Technology Co.Ltd. shares

Date of events:2017/08/24

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):

Ingrasys Technology Co.Ltd. shares

2.Date of occurrence of the event:2017/08/24~2017/08/24

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

45,410,000 shares at about NTD36.3356089 each;total amount equals

NTD1,650,000,000

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):

Hyield Venture Capital Co.,Ltd.Connection company

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:

Organization Structure Modification

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

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

department:

Negotiation; Per market price; 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):

45,410,000 sharesNTD1,650,000,000approximately 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:0.06%, to shareholder's equity:0.17%

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

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

Organization Structure Modification

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