Subject: Explain media reporting
Date of events:2016/08/30
1.Date of occurrence of the event:2016/08/30
2.Company name: Hon Hai Precision Ind. Co. Ltd
3.Relationship to the Company (please enter "head office" or
4.Name of the reporting media: Economic Daily
5.Content of the report:
Foreign press reported that One97 Communications, the parent company of Indian leading mobile payment platform Paytm, is raising US$300 to $350 million (NT$9.6 to $11.2 billion) capital, and named Mediatek and Foxconn the new investors.
Hon Hai does not participate in One97 capital raise.
This information is provided by RNS