Company Announcements

Obtain shares of Foxconn Singapore Pte. Ltd.

Source: RNS
RNS Number : 9025I
Hon Hai Precision Industry Co Ld
13 August 2019
 

Subject:Obtain shares of Foxconn Singapore Pte. Ltd.

Date of events:2019/08/13

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 Singapore Pte. Ltd. common shares  

2.Date of occurrence of the event:2019/08/13~2019/08/13

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

34,392,020 shares at SGD 1 each;total amount equals USD 25,100,000

4.Counterparty 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):

Capital Increased by Cash is not applied;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;Na

6.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department:

According to market conditions; 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):

Current cumulative volume:557,804,775 shares;

Current cumulative amount:SGD 557,804,775;

shareholding percentage:100%;

restriction 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:12.3601%, to shareholder's equity:31.3385%

Operating Capital:NTD -28,636,429,000

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

Long Term Investment

10.Date of the board of directors'resolution:2019/08/13

11.Date of the recognition of the supervisors or the board of independent directors'resolution:2019/08/13

 


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