REG - Hon Hai Prec.Ind.Co - Assets Related to the Improvement of Buildings

Hon Hai Precision Industry CoAnnouncement

25/10/2024 12:45

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RNS Number : 7224J  Hon Hai Precision Industry Co Ld  25 October 2024

No:1

Subject: Announcement on Disposal of Assets Related to the Improvement of
Buildings on behalf of Foxconn Subsidiary PCE PARAGON SOLUTIONS (MEXICO) S.A.
DE C.V.

Contents:

1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):

Assets Related to the Improvement of Buildings (including plant rectification
and facility equipment) located at the following addresses:

AVENIDA DEL BOSQUE 1170, COLONIA LAS PINTAS, SAN PEDRO TLAQUEPAQUE, JALISCO,
MEXICO C.P. 45619; AVENIDA DEL BOSQUE 1190, UNIDAD 400, EL BOSQUE II, SAN
PEDRO TLAQUEPAQUE, JALISCO, MEXICO C.P. 45615; AVENIDA DEL BOSQUE 1220, EL
BOSQUE II, SAN PEDRO TLAQUEPAQUE, JALISCO, MEXICO C.P. 45615.

2.Date of occurrence of the event:2024/10/25

3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit
price, and total transaction price:

Transaction Quantity: One batch

Total Transaction Amount: MXN 923,918,219.84 (including tax)

4.Trading counterparty and its relationship with the Company (if the trading
counterparty is a natural person and furthermore is not a related party of the
Company, the name of the trading counterparty is not required to be
disclosed):FII AMC MEXICO S. DE R.L. DE C.V.；Affiliated Company

5.Where the trading counterparty is a related party, announcement shall also
be made of the reason for choosing the related party as trading counterparty
and the identity of the previous owner, its relationship with the Company and
the trading counterparty, and the previous date and monetary amount of
transfer:

Reason for selecting the related party as the transaction object: Group
resource integration

Previous owner: Self-built, not applicable

Relationship between the previous owner and the company: Not applicable

Relationship between the previous owner and the counterparty: Not applicable

Previous transfer date: Not applicable

Previous transfer amount: Not applicable

6.Where an owner of the underlying assets within the past five years has been
a related party of the Company, the announcement shall also include the date
and price of acquisition and disposal by the related party, and its
relationship with the Company at the time of the transaction: NA

7.Projected gain (or loss) through disposal (not applicable for acquisition of
assets; those with deferral should provide a table explaining recognition):
MXN 43,915,429.53

8.Terms of delivery or payment (including payment period and monetary amount),
restrictive covenants in the contract, and other important terms and
conditions:

Payment 30 days after the invoice date；MXN 923,918,219.84

9.The manner of deciding on this transaction (such as invitation to tender,
price comparison, or price negotiation), the reference basis for the decision
on price, and the decision-making unit: Negotiation；Based on market
price；Legal representative's consent

10.Name of the professional appraisal firm or company and its appraisal price:

KPMG Cardenas Dosal, S.C., MXN 796,481,224 (before tax)

Copper Wolf Mexico S.C., MXN 799,046,780 (before tax)

11.Name of the professional appraiser:

KPMG Cardenas Dosal, S.C.: Ruben Luengas Avila

Copper Wolf Mexico S.C.: Jose Padron

12.Practice certificate number of the professional appraiser:

KPMG Cardenas Dosal, S.C.: 4964239

Copper Wolf Mexico S.C.: 4273649

13.The appraisal report has a limited price, specific price, or special price:
No

14.An appraisal report has not yet been obtained: No

15.Reason for an appraisal report not being obtained: NA

16.Reason for any significant discrepancy with the appraisal reports and
opinion of the CPA:NA

17.Name of the CPA firm: NA

18.Name of the CPA:NA

19.Practice certificate number of the CPA:NA

20.Broker and broker's fee: None

21.Concrete purpose or use of the acquisition or disposal: Group resource
integration

22.Any dissenting opinions of directors to the present transaction: None

23.Whether the counterparty of the current transaction is a related party: Yes

24.Date of the board of directors resolution:2024/10/25

25.Date of ratification by supervisors or approval by the audit committee: NA

26.The transaction is to acquire a real property or right-of-use asset from a
related party: No

27.The price assessed in accordance with the Article 16 of the Regulations
Governing the Acquisition and Disposal of Assets by Public Companies: NA

28.Where the above assessed price is lower than the transaction price, the
price assessed in accordance with the Article 17 of the same regulations: NA

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

 

 

No:2

Subject: Announcement on the acquisition of Assets Related to the Improvement
of Buildings on behalf of Foxconn Subsidiary FII AMC MEXICO S. DE R.L. DE C.V.

Contents:

1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):

Assets Related to the Improvement of Buildings (including plant rectification
and facility equipment) located at the following addresses:

AVENIDA DEL BOSQUE 1170, COLONIA LAS PINTAS, SAN PEDRO TLAQUEPAQUE, JALISCO,
MEXICO C.P. 45619; AVENIDA DEL BOSQUE 1190, UNIDAD 400, EL BOSQUE II, SAN
PEDRO TLAQUEPAQUE, JALISCO, MEXICO C.P. 45615; AVENIDA DEL BOSQUE 1220, EL
BOSQUE II, SAN PEDRO TLAQUEPAQUE, JALISCO, MEXICO C.P. 45615.

2.Date of occurrence of the event:2024/10/25

3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit
price, and total transaction price:

Transaction Quantity: One batch

Total Transaction Amount: MXN 923,918,219.84 (including tax)

4.Trading counterparty and its relationship with the Company (if the trading
counterparty is a natural person and furthermore is not a related party of the
Company, the name of the trading counterparty is not required to be
disclosed): PCE PARAGON SOLUTIONS (MEXICO) S.A. DE C.V.；Affiliated Company

5.Where the trading counterparty is a related party, announcement shall also
be made of the reason for choosing the related party as trading counterparty
and the identity of the previous owner, its relationship with the Company and
the trading counterparty, and the previous date and monetary amount of
transfer: NA

6.Where an owner of the underlying assets within the past five years has been
a related party of the Company, the announcement shall also include the date
and price of acquisition and disposal by the related party, and its
relationship with the Company at the time of the transaction: NA

7.Projected gain (or loss) through disposal (not applicable for acquisition of
assets; those with deferral should provide a table explaining recognition): NA

8.Terms of delivery or payment (including payment period and monetary amount),
restrictive covenants in the contract, and other important terms and
conditions:

Payment 30 days after the invoice date；MXN 923,918,219.84

9.The manner of deciding on this transaction (such as invitation to tender,
price comparison, or price negotiation), the reference basis for the decision
on price, and the decision-making unit: Negotiation；Based on market
price；Sole Administrator's consent

10.Name of the professional appraisal firm or company and its appraisal price:

KPMG Cardenas Dosal, S.C., MXN 796,481,224 (before tax)

Copper Wolf Mexico S.C., MXN 799,046,780 (before tax)

11.Name of the professional appraiser:

KPMG Cardenas Dosal, S.C.: Ruben Luengas Avila

Copper Wolf Mexico S.C.: Jose Padron

12.Practice certificate number of the professional appraiser:

KPMG Cardenas Dosal, S.C.: 4964239

Copper Wolf Mexico S.C.: 4273649

13.The appraisal report has a limited price, specific price, or special price:
No

14.An appraisal report has not yet been obtained: No

15.Reason for an appraisal report not being obtained: NA

16.Reason for any significant discrepancy with the appraisal reports and
opinion of the CPA:NA

17.Name of the CPA firm: NA

18.Name of the CPA:NA

19.Practice certificate number of the CPA:NA

20.Broker and broker's fee: None

21.Concrete purpose or use of the acquisition or disposal: Operational needs

22.Any dissenting opinions of directors to the present transaction: None

23.Whether the counterparty of the current transaction is a related party: Yes

24.Date of the board of directors resolution:2024/10/25

25.Date of ratification by supervisors or approval by the audit committee: NA

26.The transaction is to acquire a real property or right-of-use asset from a
related party: Yes

27.The price assessed in accordance with the Article 16 of the Regulations
Governing the Acquisition and Disposal of Assets by Public Companies: NTD
1,377,385,331

28.Where the above assessed price is lower than the transaction price, the
price assessed in accordance with the Article 17 of the same regulations: NA

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

 

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