Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.

Less Ads, More Data, More Tools Register for FREE
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

Latest Share Chat

Supplement FoxconnVentures disposal Alibaba shares

21 Mar 2019 11:35

RNS Number : 6077T
Hon Hai Precision Industry Co Ld
21 March 2019
 

Subject: Supplement to 2019/3/20 announcement gain on disposal of Subsidiary Foxconn Ventures Holdco disposal Alibaba Group Holding Limited shares

Contents:

1. Name of the securities: Alibaba Group Holding Limited common shares

2. Trading date: 2019/03/21

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

2,200,000 shares at USD 181.1 each;total amount equals about USD398,420,000

4. Gain (or loss) (not applicable in case of acquisition of securities):

Calculated from acquisition cost, the realized gains for this transaction is USD169,180,000. Among which, according to IFRS 9, USD72,314,000 was transferred into Unappropriated Retained Earnings in 2018, and USD96,866,000 is recognized as valuation gain as of trading date in 2019 .

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):

2,598,465 shares;about USD470,582,012;approximately 0.10%;

restriction 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 operational capital as shown in the most recent financial statement:

Ratio to total assets:0.44%, to shareholder's equity:1.26%

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

7. Concrete purpose/objective of the acquisition or disposal:

Investment Realization

8. Any other matters that need to be specified:

Transaction fees, securities transaction tax and ADS conversion fee shall be paid separately

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
 
 
MSCEAFDFADANEFF

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.