Subsidiary obtaining Shares

Summary by AI BETAClose X

Hon Hai Precision Industry Co Ld announced that its subsidiary, Bon Shin International Investments Co., Ltd., intends to acquire up to 12,000,000 common shares of Foxtron Vehicle Technologies Co., Ltd. for long-term investment. The unit price and total monetary amount of this transaction are to be announced separately upon completion. The company's working capital as of the most recent financial statement was NTD-317,913,506,000.

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