Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Obtain cash capital increase of Syntrend Creative

11 Aug 2016 14:32

RNS Number : 9661G
Hon Hai Precision Industry Co Ld
11 August 2016
 

Subject: Obtain common stock the cash capital increase of Syntrend Creative Park Co. Ltd.

Date of events:2016/08/11

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):):

Syntrend Creative Park Co. Ltd.common stock

2.Date of occurrence of the event:2016/08/11

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

Volume:40,000,000 shares

unit price:NTD10

total monetary amount:NTD400,000,000

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):Syntrend Creative Park Co. Ltd.;parent and subsidiary companies

5.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department:The original shareholders to subscribe for participation capital cash;Board of Directors

6.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):

183,646,250 shares

NTD1,836,462,500

74.80%

None

7.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:

8.9984%;

23.9179%;

NTD131,768,410,000

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

Long Term Investment

 

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

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.