Foxconn EV Asset obtaining of Machinery&quipment.


    17 June 2025 09:40:31
  • Source: Sharecast
RNS Number : 1747N
Hon Hai Precision Industry Co Ld
17 June 2025
 

SubjectSubsidiary Foxconn EV Asset Management LLC announces obtaining of Machinery and equipment

Contents

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 event2025/06/17

3.Date of the board of directors resolution2025/06/17

4.Other approval dateNA

5.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction priceA batch ; USD 121,286,293.54

6.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)Banc of America Leasing & Capital, LLCNone

7.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 transferNA

8.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 transactionNA

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

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

11.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 unitNegotiation ; According to market conditionsBoard of Directors

12.Name of the professional appraisal firm or company and its appraisal priceNa

13.Name of the professional appraiserNa

14.Practice certificate number of the professional appraiserNa

15.The appraisal report has a limited price, specific price, or special priceNa

16.An appraisal report has not yet been obtainedNa

17.Reason for an appraisal report not being obtainedNa

18.Reason for any significant discrepancy with the appraisal reports and opinion of the CPANa

19.Name of the CPA firmNa

20.Name of the CPANa

21.Practice certificate number of the CPANa

22.Broker and broker's feeNone

23.Concrete purpose or use of the acquisition or disposalBusiness assets

24.Any dissenting opinions of directors to the present ransactionNone

25.Whether the counterparty of the current transaction is a related partyNo

26.Date of ratification by supervisors or approval by the audit committeeNA

27.The transaction is to acquire a real property or right-of-use asset from a related partyNo

28.The price assessed in accordance with the Article 16 of the Regulations Governing the Acquisition and Disposal of Assets by Public CompaniesNa

29.Where the above assessed price is lower than the transaction price, the price assessed in accordance with the Article 17 of the same regulationsNa

30.Date on which material information regarding the same event has been previously releasedNA

31.Any other matters that need to be specifiedNone

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