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Pin to quick picksHon Hai Precsn Regulatory News (HHPD)

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Company announces indirect PRC investment

13 Nov 2014 12:31

RNS Number : 9732W
Hon Hai Precision Industry Co Ld
13 November 2014
 

Subject:Company announces indirect PRC investment

Date of occurrence of the event:2014/11/13

No.1

Contents:

1.Method of the present increase (decrease) in investment:

The company Invests In KUN SHAN FU CHENG KE PRECISION ELECTRONICS CO.,LTD.,via increasing investment in Foxconn (Far East) Limited-Cayman,one of the company's subsidiary, that invests in Robust Sino Ventures Limited

2.Transaction volume, price per unit, and total monetary

amount of the transaction: USD45,000,000

3.Company name of the invested mainland Chinese company:

KUN SHAN FU CHENG KE PRECISION ELECTRONICS CO.,LTD.

4.Main business items of said invested mainland Chines company:

Circuit board SMT design & manufacturing

5.The manner of deciding on this transaction, the reference basis for the decision on price and the decision-making department: Board of Directors

6.Concrete purpose of the acquisition or disposal:

Long Term Investment

 

No.2

Contents:

1.Method of the present increase (decrease) in investment:

The company Invests In FU CHENG KE PRECISION ELECTRONICS (YANTAI) CO.,LTD.,via increasing investment in Foxconn (Far East) Limited-Cayman,one of the company's subsidiary, that invests in Robust Sino Ventures Limited

2.Transaction volume, price per unit, and total monetary

amount of the transaction: USD15,000,000

3.Company name of the invested mainland Chinese company:

FU CHENG KE PRECISION ELECTRONICS (YANTAI) CO.,LTD.

4.Main business items of said invested mainland Chines company:

Circuit board SMT design & manufacturing

5.The manner of deciding on this transaction, the reference basis for the decision on price and the decision-making department: Board of Directors

6.Concrete purpose of the acquisition or disposal:

Long Term Investment

 

No.3

Contents:

1.Method of the present increase (decrease) in investment:

The company Invests In FO SHAN FU HUA KE PRECISION ELECTRONICS

CO.,LTD.,via increasing investment in Foxconn (Far East) Limited-Cayman,one of the company's subsidiary, that invests in Robust Sino Ventures Limited

2.Transaction volume, price per unit, and total monetary

amount of the transaction: USD 18,000,000

3.Company name of the invested mainland Chinese company:

FO SHAN FU HUA KE PRECISION ELECTRONICS CO.,LTD.

4.Main business items of said invested mainland Chines company:

Circuit board SMT design & manufacturing

5.The manner of deciding on this transaction, the reference basis for the decision on price and the decision-making department: Board of Directors

6.Concrete purpose of the acquisition or disposal:

Long Term Investment

 

No.4

Contents:

1.Method of the present increase (decrease) in investment:

The company Invests In FU HUA KE PRECISION INDUSTRY (SHENZHEN)

CO.,LTD.,via increasing investment in Foxconn (Far East) Limited-Cayman,one of the company's subsidiary, that invests in Robust Sino Ventures Limited

2.Transaction volume, price per unit, and total monetary

amount of the transaction: USD13,000,000

3.Company name of the invested mainland Chinese company:

FU HUA KE PRECISION INDUSTRY (SHENZHEN) CO.,LTD.

4.Main business items of said invested mainland Chines company:

Circuit board SMT design & manufacturing

5.The manner of deciding on this transaction, the reference basis for the decision on price and the decision-making department: Board of Directors

6.Concrete purpose of the acquisition or disposal:

Long Term Investment

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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