Subsidiary obtaining fShares

Summary by AI BETAClose X

Hon Hai Precision Industry Co Ld, through its subsidiary Foxconn Assembly Holding Corporation, has acquired 53,700,000 shares of Q-Edge Corporation at USD 10 per share, totaling USD 537,000,000. This transaction, approved by the board of directors on October 15, 2026, increases the company's cumulative shareholding in Q-Edge Corporation to 57,520,000 shares, representing 100% ownership with a cumulative monetary amount of USD 575,200,000. The acquisition represents 0.4637% of total assets and 1.0292% of owners' equity based on the most recent financial statements.

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