Company Announcements

Subsidiary New Wing Interconnect Technology shares

Source: RNS
RNS Number : 2148E
Hon Hai Precision Industry Co Ld
16 October 2018
 

No.1

Subject: Subsidiary Foxconn Interconnect Technology Limited obtaining Foxconn Interconnect Technology Singapore Ptd. Ltd. shares

Date of events: 2018/10/16

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):

Foxconn Interconnect Technology Singapore Ptd. Ltd. shares

2.Date of occurrence of the event: 2018/10/16~2018/10/16      

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

130,000,000 shares at USD$1 each;total amount equals USD$130,000,000

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):

Foxconn Interconnect Technology Singapore Ptd. Ltd. shares ;

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: 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):

1,066,509,441 sharesUSD1,066,509,441approximately 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: 2.2436%, ratio to shareholder's equity: 6.1742%

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

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

Long Term Investment

 

No.2

Subject: Subsidiary Foxconn Interconnect Technology Singapore Ptd. Ltd. obtaining New Wing Interconnect Technology (Bac Giang) Limited shares

Date of events: 2018/10/16

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):

New Wing Interconnect Technology (Bac Giang) Limited shares

2.Date of occurrence of the event: 2018/10/16~2018/10/16      

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

130,000,000 shares at USD$1 each;total amount equals USD$130,000,000

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):

New Wing Interconnect Technology (Bac Giang) Limited;

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:

  Increase by cash in subsidiary's capital

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):

210,000,000 sharesUSD210,000,000approximately 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:0.9959%, ratio to shareholder's equity:2.7407%

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

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

Long Term Investment

 

 

 


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