CNT SINGAPORE obtaining FII AMC MEXICO Shares

Summary by AI BETAClose X

Hon Hai Precision Industry Co Ld announced that its subsidiary, CLOUD NETWORK TECHNOLOGY SINGAPORE PTE. LTD., has acquired shares in FII AMC MEXICO S. DE R.L. DE C.V. for a total transaction amount of MXN 460,000,000. This capital increase of the subsidiary is considered a long-term investment and was approved by the board of directors on August 18, 2026. Following this transaction, CLOUD NETWORK TECHNOLOGY SINGAPORE PTE. LTD. holds a cumulative monetary amount of USD 702,719,832.97, representing a 99.9999999924% shareholding. The investment represents 0.94% of total assets and 1.90% of owners' equity.

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