1. Name and nature of the target: Yuzhan Technology (India) Private Limited; common shares. 2. Date of occurrence: 115/5/22 - 115/5/22. 3. Date of board approval: May 22, 115 (Republic of China calendar). 4. Others: Not applicable. 5. Transaction volume, unit price, and total amount: (1) Share purchase: 9,999 shares, 10 INR/unit, 99,990 INR. (2) Cash capital increase: ~10,873,535,400 shares, 10 INR/unit, 108,735,354,000 INR. (3) Debt-to-equity swap (new): 1,900,000,000 shares, 10 INR/unit, 19,000,000,000 INR. Total transaction amount: ~127,735,453,990 INR. 6. Counterparties include Foxconn Technology (India) Private Limited (affiliate), etc. 7. Reasons for transaction: Adjustment of share structure, cash injection for subsidiary, and debt conversion. 8. Purpose: Long-term investment. 9. Cumulative shareholding: Foxconn Singapore Pte Ltd holds 99.99999999%.
FACT BOX
- Source: PR Times
- Category: News
- Organizations: Foxconn Singapore Pte Ltd / Yuzhan Technology (India) Private Limited / Foxconn Technology (India) Private Limited