Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

Supplement Hyield disposal MICROELECTRONICS Shares

1 Oct 2021 07:00

RNS Number : 6513N
Hon Hai Precision Industry Co Ld
01 October 2021
 

Subject: (Supplement 2021/7/30 and 2021/8/2 announcement) Subsidiary, Hyield Venture Capital Co., Ltd. disposal MICROELECTRONICS TECHNOLOGY INC. Shares

Contents:

1.Name of the securities: MICROELECTRONICS TECHNOLOGY INC. common shares

2.Trading date:2021/08/23~2021/09/30

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

About 110/7/30 the board of directors authorized the future disposition of 2,311,528 shares, transaction details listed as below:

Trading Volume: 2,311,528 shares

Unit price: average per share of NTD 62.95

Total monetary amount of the transaction: NTD 145,501,008

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

Calculated from acquisition cost from 2021/8/23 to 2021/9/30, the realized gains for this transaction as of trading date is NTD 82,542,400, which was transferred into Unappropriated Retained Earnings in 2021, among which, according to IFRS 9, NTD 14,130,851 was transferred from Other Equity Interest in 2020, and NTD 68,411,549 is recognized as Other Comprehensive Income in 2021.

5.Relationship with the underlying company of the trade: None

6.Current cumulative amount held, monetary amount, and shareholding percentage of cumulative holdings of the securities being traded (including the current trade), and status of any restriction of rights (e.g.pledges):

Current cumulative volume: 0 shares

Current cumulative amount: NTD 0

Shareholding percentage:0%

Restriction of rights: None

7.Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial tatement and working capital as shown in the most recent financial statement as of the present:

Ratio to total assets:0.5%, to shareholder's equity:1.27%

Operating Capital: NTD-125,205,791,000

8.Concrete purpose of the acquisition or disposal: Investment Realization

9.Any dissenting opinions of directors to the present transaction: None

10.Whether the counterparty of the current transaction is a related party: No

11.Trading counterparty and its relationship with the Company: NA

12.Date of the board of directors resolution: NA

13.Date of ratification by supervisors or approval by the audit committee: NA

14.Any other matters that need to be specified:Transaction fees and tax 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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCEAEEFEFAFFEA

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.