06:26 Fri 09 Oct 2020
Hon Hai Prec.Ind.Co - Subsidiary disposal Alibaba Group Holding shares
Subject: Subsidiary Foxconn Ventures Holdco disposal Alibaba Group Holding Limited shares
Date of events:2020/10/08
Contents:
1.Name of the securities: Alibaba Group Holding Limited common shares
2.Trading date:2020/10/08
3.Amount, unit price, and total monetary amount of the transaction:
630,000 shares ADS (5,040,000 common shares) at
total amount equals about
4.Gain (or loss) through disposal (not applicable in case of acquisition of securities):
Calculated from acquisition cost, the realized gains for this transaction is
5.Relationship with the underlying company of the trade: None
6.Current cumulative amount held, monetary amount, and shareholding percentage of cumulative holdings of the securities being traded (including the current trade), and status of any restriction of rights (e.g.pledges):
630,000shares ADS (5,040,000 common shares);about
approximately 0.02%;restriction of rights: None
7.Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial statement and working capital as shown in the most recent financial statement as of the present:
Ratio to total assets:0.18%, to shareholder's equity:0.46%
Operating Capital:NTD-104,738,702,000
8.Concrete purpose of the acquisition or disposal:
Investment Realization
9.Any dissenting opinions of directors to the present transaction: None
10.Whether the counterparty of the current transaction is a related party: No
11.Trading counterparty and its relationship with the Company: None
12.Date of the board of directors resolution:2020/10/08
13.Date of ratification by supervisors or approval by the audit committee: NA
14.Any other matters that need to be specified:
Transaction fees, securities transaction tax and ADS conversion fee shall
be paid separately
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.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
FOR OUR FULL DISCLAIMER CLICK HERE
