Company Announcements

Subsidiary Foxconn (Far East) capital reduction

Source: RNS
RNS Number : 1390N
Hon Hai Precision Industry Co Ld
18 January 2023
 

 

Subject:Subsidiary Foxconn (Far East) Limited capital reduction

Date of events:2023/01/18

Contents:

1.Date of the board of directors resolution:2023/01/18

2.Reason for capital reduction:optimize company structure

3.Amount of capital reduction:USD694,946,508

4.Cancelled shares:694,946,508

5.Capital reduction percentage:8.90%

6.Share capital after capital reduction:USD7,114,682,237

7.Scheduled date of the shareholders meeting:2023/01/18

8.Estimated no.of listed common shares after issuance of new shares upon capital reduction:NA

9.Estimated ratio of listed common shares after issuance of new shares upon capital reduction to outstanding common shares:NA

10.Please explain any countermeasures for lower circulation in shareholding if the aforesaid estimated no.of listed common shares upon capital reduction does not reach 60 million and the percentage does not reach 25%:NA

11.The record date for capital reduction:NA

12.Any other matters that need to be specified:None

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