Subsidiary obtaining Mitsubishi Fuso Bus Shares

Summary by AI BETAClose X

Hon Hai Precision Industry Co Ld announced that its subsidiary, LinYih International Investments Co., Ltd., has acquired 115,000 common shares of Mitsubishi Fuso Bus Manufacturing Co., Ltd. for JPY 9,250,000,000, at a price of JPY 80,434.78 per share. This strategic investment, approved by the board of directors on January 22, 2026, represents a 50% shareholding, with the transaction being a negotiated one based on prevailing market conditions. The acquisition's ratio to total assets is 0.22% and to owners' equity is 0.49%.

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