REG - Hon Hai Prec.Ind.Co - Subsidiary Maxwell obtaining FG Innovation shares

Hon Hai Precision Industry CoAnnouncement

20/12/2019 10:40

RNS Number : 6539X
Hon Hai Precision Industry Co Ld
20 December 2019
 


Subject:Subsidiary Maxwell Holding Limited obtaining FG Innovation Company Limited shares
Date of events:2019/12/20
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):
FG Innovation Company Limited common shares
2.Date of occurrence of the event:2019/12/20
3.Volume, unit price, and total monetary amount of the transaction:
22,000,000 shares at USD 1 each;total amount equals USD22,000,000
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: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: 31,844,027 shares;
Current cumulative amount: USD31,884,027.41;
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:0.03%, to shareholder's equity:0.09%
Operating Capital:NTD -28,636,429,000
9.Concrete purpose or use of the acquisition or disposal:
Long Term Investment
10.Is it a related party transaction?:Yes
11.Date of the board of directors'resolution:2019/12/20
 




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