Subsidiary obtaining Shares

Summary by AI BETAClose X

Hon Hai Precision Industry Co Ld announced on January 9, 2026, that its subsidiary, CLOUD NETWORK TECHNOLOGY SINGAPORE PTE. LTD., acquired 276,148 shares of FII HOLDINGS USA INC. for approximately USD 511.90 per share, totaling USD 141,360,000, as a long-term investment. Additionally, FII HOLDINGS USA INC. acquired 20,524 shares of CLOUD NETWORK TECHNOLOGY USA INC. for approximately USD 6,887.55 per share, also totaling USD 141,360,000, and CLOUD NETWORK TECHNOLOGY USA INC. acquired Foxconn Assembly LLC. shares for USD 141,360,000. These transactions, funded by private capital, represent a significant investment by the company's subsidiaries.

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