Subsidiaries acquire and dispose shares

Summary by AI BETAClose X

Hon Hai Precision Industry Co Ld announced several transactions on March 30, 2026, involving its subsidiaries. CLOUD NETWORK TECHNOLOGY SINGAPORE PTE. LTD. acquired 328,782 shares of FII HOLDINGS USA INC. for USD 295,600,000, increasing its stake to 24.74%. FII HOLDINGS USA INC. acquired 42,917 shares of CLOUD NETWORK TECHNOLOGY USA INC. for USD 295,600,000, achieving 100% ownership. Additionally, CLOUD NETWORK TECHNOLOGY USA INC. acquired Foxconn Assembly LLC. shares for USD 295,600,000, also reaching 100% ownership. In a disposal, Foxconn Interconnect Technology Limited sold 1,250,000 Class A and 2,261,905 Class B-1 preferred shares of Origin Wireless, Inc. for USD 19.42 million, with a potential total transaction amount of up to USD 21.97 million, aiming to recognize investment gains.

Disclaimer*

Hon Hai Precision Industry Co Ld
30 March 2026
 

No:1

Subject: Subsidiary, CLOUD NETWORK TECHNOLOGY SINGAPORE PTE. LTD. obtaining FII HOLDINGS USA INC. Shares

Contents:

1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.):FII HOLDINGS USA INC.; Common Shares

2.Date of occurrence of the event:2026/03/30

3.Date of the board of directors resolution:2026/03/30

4.Other approval date: NA

5.Amount, unit price, and total monetary amount of the transaction:

Transaction quantity:328,782 shares

Price per unit: USD 899.08

Total transaction amount: USD 295,600,000

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):Cash investment is not applied; Parent and subsidiary companies

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 transfer: capital increase of subsidiary ; Na

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 transaction: NA

9.Matters related to the current disposal of creditors' rights (including types of collaterals of the disposed creditor's rights; if creditor's rights over a related party, announcement shall be made of the name of the related party and the book amount of the creditor's rights, currently being disposed of, over such related party):NA

10.Profit or loss from the disposal (not applicable in cases of acquisition f securities) (those with deferral should provide a table explaining recognition):NA

11.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: None

12.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 unit: Board of director

13.Net worth per share of the Company's underlying securities acquired or disposed of: NA

14.Cumulative no.of shares held (including the current transaction), their monetary amount, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment:

CLOUD NETWORK TECHNOLOGY SINGAPORE PTE. LTD.

Cumulative shares held:328,782 shares

Cumulative monetary amount held: USD 295,600,000

Shareholding percentage:24.74%

Restriction of rights: None

Cloud Network Technology Kft.

Cumulative shares held:1,000,000 shares

Cumulative monetary amount held: USD 899,075,116

Shareholding percentage:75.26%

Restriction of rights: None

15.Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial statement and working capital as shown in the most recent financial statement as of the present:

Ratio to total assets:0.9611%;

Ratio to owners'equity:2.1026%;

Operating Capital: NTD-317,913,506,000

16.Broker and broker's fee: None

17.Concrete purpose or use of the acquisition or disposal: Long Term Investment

18.Any dissenting opinions of directors to the present transaction: None

19.Whether the counterparty of the current transaction is a related party: Yes

20.Date of ratification by supervisors or approval by the Audit Committee: NA

21.Whether the CPA issued an unreasonable opinion regarding the current transaction: NA

22.Name of the CPA firm: NA

23.Name of the CPA:NA

24.Practice certificate number of the CPA:NA

25.Whether the transaction involved in change of business model: No

26.Details on change of business model: NA

27.Details on transactions with the counterparty for the past year and the expected coming year: NA

28.Source of funds: private capital

29.Date on which material information regarding the same event has been previously released: NA

30.Any other matters that need to be specified: None

 

No:2

Subject: Subsidiary, FII HOLDINGS USA INC. obtaining CLOUD NETWORK TECHNOLOGY USA INC. Shares

Contents:

1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.):CLOUD NETWORK TECHNOLOGY USA INC.; Common Shares

2.Date of occurrence of the event:2026/03/30

3.Date of the board of directors resolution:2026/03/30

4.Other approval date: NA

5.Amount, unit price, and total monetary amount of the transaction:

Transaction quantity:42,917 shares

Price per unit: USD 6,887.67

Total transaction amount: USD 295,600,000

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): Cash investment is not applied; Parent and subsidiary companies

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 transfer: capital increase of subsidiary ; Na

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 isposal by the related party, and its relationship with the Company at the time of the transaction: NA

9.Matters related to the current disposal of creditors' rights (including ypes of collaterals of the disposed creditor's rights; if creditor's rights over a related party, announcement shall be made of the name of the related party and the book amount of the creditor's rights, currently being disposed of, over such related party):NA

10.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (those with deferral should provide a table explaining recognition):NA

11.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: None

12.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 unit: Board of director

13.Net worth per share of the Company's underlying securities acquired or disposed of: NA

14.Cumulative no.of shares held (including the current transaction), their monetary amount, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment:

Cumulative shares held:52,917 shares

Cumulative monetary amount held:USD 364,476,691

Shareholding percentage:100%

Restriction of rights: None

15.Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial statement and working capital as shown in the most recent financial statement as of the present:

Ratio to total assets:0.2932%;

Ratio to owners'equity:0.6415%;

Operating Capital: NTD-317,913,506,000

16.Broker and broker's fee: None

17.Concrete purpose or use of the acquisition or disposal: Long Term Investment

18.Any dissenting opinions of directors to the present transaction: None

19.Whether the counterparty of the current transaction is a related party: Yes

20.Date of ratification by supervisors or approval by the Audit Committee: NA

21.Whether the CPA issued an unreasonable opinion regarding the current transaction: NA

22.Name of the CPA firm: NA

23.Name of the CPA:NA

24.Practice certificate number of the CPA:NA

25.Whether the transaction involved in change of business model: No

26.Details on change of business model: NA

27.Details on transactions with the counterparty for the past year and the expected coming year: NA

28.Source of funds: private capital

29.Date on which material information regarding the same event has been previously released: NA

30.Any other matters that need to be specified: None

 

 

No:3

Subject: Subsidiary, CLOUD NETWORK TECHNOLOGY USA INC. obtaining Foxconn Assembly LLC. Shares

Contents:

1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.):Foxconn Assembly LLC. Shares

2.Date of occurrence of the event:2026/03/30

3.Date of the board of directors resolution:2026/03/30

4.Other approval date: NA

5.Amount, unit price, and total monetary amount of the transaction:

Total transaction amount: USD 295,600,000

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):Cash investment is not applied; Parent and subsidiary companies

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 transfer: capital increase of subsidiary ; Na

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 transaction: NA

9.Matters related to the current disposal of creditors' rights (including types of collaterals of the disposed creditor's rights; if creditor's rights over a related party, announcement shall be made of the name of the related party and the book amount of the creditor's rights, currently being disposed of, over such related party):NA

10.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (those with deferral should provide a table explaining recognition):NA

11.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: None

12.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 unit: Board of director

13.Net worth per share of the Company's underlying securities acquired or disposed of: NA

14.Cumulative no.of shares held (including the current transaction), their monetary amount, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment:

Cumulative shares held:50,000 shares

Cumulative monetary amount held: USD 509,430,000

Shareholding percentage:100%

Restriction of rights: None

15.Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial statement and working capital as shown in the most recent financial statement as of the present:

Ratio to total assets:0.4098%;

Ratio to owners'equity:0.8966%;

Operating Capital:NTD-317,913,506,000

16.Broker and broker's fee: None

17.Concrete purpose or use of the acquisition or disposal: Long Term Investment

18.Any dissenting opinions of directors to the present transaction: None

19.Whether the counterparty of the current transaction is a related party: Yes

20.Date of ratification by supervisors or approval by the Audit Committee: NA

21.Whether the CPA issued an unreasonable opinion regarding the current transaction: NA

22.Name of the CPA firm: NA

23.Name of the CPA:NA

24.Practice certificate number of the CPA:NA

25.Whether the transaction involved in change of business model: No

26.Details on change of business model: NA

27.Details on transactions with the counterparty for the past year and the expected coming year: NA

28.Source of funds: private capital

29.Date on which material information regarding the same event has been previously released: NA

30.Any other matters that need to be specified: None

 

 

No:4

Subject: Subsidiary, Foxconn Interconnect Technology Limited disposal Origin Wireless, Inc. Shares

Contents:

1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.):Origin Wireless, Inc. Preferred Stock

2.Date of occurrence of the event:2026/03/30

3.Date of the board of directors resolution: NA

4.Other approval date: NA

5.Amount, unit price, and total monetary amount of the transaction:

Transaction quantity: 1,250,000 shares of Class A preferred stock and 2,261,905 shares of Class B-1 preferred stock.

Unit price: USD 2.83 per share for Class A preferred stock and USD 7.03 per share for Class B-1 preferred stock.

Transaction amount: USD 19.42 million.

In addition, pursuant to the agreement, a holdback amount of up to USD 2.55 million applies, and the total transaction amount shall not exceed USD 21.97 million.

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): ADT Inc.; None

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 transfer: NA

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 transaction: NA

9.Matters related to the current disposal of creditors' rights (including types of collaterals of the disposed creditor's rights; if creditor's rights over a related party, announcement shall be made of the name of the related party and the book amount of the creditor's rights, currently being disposed of, over such related party):NA

10.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (those with deferral should provide a table explaining recognition):The maximum disposal gain is USD 21.97 million.

11.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: None

12.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 unit: NA

13.Net worth per share of the Company's underlying securities acquired or disposed of: NA

14.Cumulative no.of shares held (including the current transaction), their monetary amount, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment:

Cumulative shares held:0 shares

Cumulative monetary amount held: USD 0

Shareholding percentage:0%

Restriction of rights: None

15.Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial statement and working capital as shown in the most recent financial statement as of the present:

Ratio to total assets:0.06%;

Ratio to owners'equity:0.13%;

Operating Capital: NTD-317,913,506,000

16.Broker and broker's fee: None

17.Concrete purpose or use of the acquisition or disposal: Recognize investment gains

18.Any dissenting opinions of directors to the present transaction: None

19.Whether the counterparty of the current transaction is a related party: No

20.Date of ratification by supervisors or approval by the Audit Committee: NA

21.Whether the CPA issued an unreasonable opinion regarding the current transaction: NA

22.Name of the CPA firm: NA

23.Name of the CPA:NA

24.Practice certificate number of the CPA:NA

25.Whether the transaction involved in change of business model: No

26.Details on change of business model: NA

27.Details on transactions with the counterparty for the past year and the expected coming year: NA

28.Source of funds: NA

29.Date on which material information regarding the same event has been previously released: NA

30.Any other matters that need to be specified: None

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