Subsidiary obtaining of Machinery and equipment

By

Regulatory News | 30 Apr, 2021

Updated : 10:42

RNS Number : 2293X
Hon Hai Precision Industry Co Ld
30 April 2021
 

Subject:Subsidiary Triple Win Technology (ShenZhen) Co., Ltd. announces obtaining of Machinery and equipment

No:1

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

2.Date of occurrence of the event:2020/05/26~2021/04/30

3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:141 units of equipment;USD43,725,020

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):ASM PACIFIC (HONG KONG) LIMITED; None

5.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:None

6.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; Market price.;According to authorization of the Company

7.Broker and broker's fee:None

8.Concrete purpose or use of the acquisition or disposal: Purchasing equipment to meet customer demand for new products

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

 

No:2

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

2.Date of occurrence of the event:2020/07/21~2021/04/30

3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:92 units of equipment;USD44,646,198

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):LG ELECTRONICS INC.; None

5.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:None

6.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; Market price.;According to authorization of the Company

7.Broker and broker's fee:None

8.Concrete purpose or use of the acquisition or disposal:Purchasing equipment to meet customer demand for new products

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCGCGDSGSXDGBG

Last news