Hon Hai Prec.Ind.Co HHPD Subsidiaries obtain land

  Hon Hai Prec.Ind.Co (HHPD) - Subsidiaries obtain land

RNS Number : 2018R
Hon Hai Precision Industry Co Ld
15 November 2012


Subject: Foxconn CMMSG Industria de Electronicos Ltda. announces obtaining of
land

Contents:

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

2.Date of the occurrence of the event:2012/09/04~2012/11/15

3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing), unit
price, total transaction price:

Land area :1,418,238.6 square meters

unit price:BRL18.4

Total transaction price:BRL26,113,252

4.Counterparty to the trade and its relationship with the company (if the
trading counterpart is a natural person and is not an actual related party of
the Company, the name of the trading counterpart is not required to be
disclosed):

Toulouse Incorporacao SPE LTDA.; NO

5. Terms of delivery or payment (including payment period and monetary
amount):

Three times to pay

6.The manner of deciding on this transaction (such as tender invitation price
comparison, or price negotiation), the reference basis for the decision on
price and the decision-making department:

negotiation between parties;

Board of Directors

7.Name of the professional appraisal institution and its appraisal amount:

Roberto Scavacini

Appraisal amount:BRL100 to BRL120

8.Concrete purpose or use of the acquisition or disposition:

Operation requirement



                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


MSCFFSSUIFESESF -0- Nov/15/2012 09:04 GMT