Foxconn: FIH Mobile Limited Announces Acquisition of Execustar International Limited Shares
Foxconn's affiliate FIH Mobile Limited has acquired 58,324,000 ordinary shares of Execustar International Limited for USD 1 per share, totaling USD 58,324,000. This is intended as a long-term investment, securing FIH Mobile Limited's 100% ownership of Execustar International Limited.
📋 Article Processing Timeline
- 📰 Published: April 15, 2026 at 09:00
- 🔍 Collected: April 16, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 19, 2026 at 00:56 (64h 55m after Collected)
1. Name and nature of the target object (if it is preferred stock, also specify the agreed issuance conditions, such as dividend rate, etc.):
Execustar International Limited; Ordinary shares
2. Date of fact occurrence: 2026/04/15 ~ 2026/04/15
3. Date of board of directors' approval: April 15, 2026
4. Date of other approval: Not applicable
5. Transaction quantity, price per unit, and total transaction amount:
Transaction quantity: 58,324,000 shares
Price per unit: USD 1
Total transaction amount: USD 58,324,000
6. Transaction counterparty and relationship with the company (if the counterparty is a natural person and not a related party, their name may be omitted):
Cash increase not applicable; Parent-subsidiary relationship
7. If the transaction counterparty is a related party, also announce the reason for selecting the related party as the transaction object and the owner of the previous transfer, the relationship between the owner of the previous transfer, the company, and the transaction counterparty, the date of the previous transfer, and the transfer amount:
Subsidiary cash increase; Not applicable
8. If the owner of the subject of the transaction has been a related party of the company within the last five years, the date and price of acquisition and disposal by the related party, and the relationship with the company at the time of the transaction should also be announced:
Not applicable
9. Matters related to the disposal of debt (including the type of collateral attached to the disposed debt, and if the disposed debt is to a related party, the name of the related party and the book amount of the debt disposed of from the related party):
Not applicable
10. Profit (or loss) from disposal (not applicable for acquisition of securities) (if originally deferred, explain the recognition status in a table):
Not applicable
11. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreed matters:
None.
12. Method of decision for this transaction, reference basis for price determination, and decision-making unit:
Decision-making unit: Board of Directors
13. Net asset value per share of the company whose securities are acquired or disposed of:
Not applicable.
14. To date, cumulative quantity, amount, shareholding ratio, and status of rights restriction (e.g., pledge status) of this transaction security (including this transaction):
Cumulative holding quantity: 1,568,768,011 shares
Cumulative holding amount: USD 1,568,768,011
Shareholding ratio: 100%
Status of rights restriction: None.
15. To date, according to Article 3 of the "Regulations Governing the Acquisition or Disposal of Assets by Publicly Offered Companies", the ratio of investment in securities (including this transaction) to the company's total assets and equity attributable to owners of the parent in the latest financial report, and the amount of working capital in the latest financial report (Note 2):
Ratio to total assets: 1.55%
Ratio to owner's equity: 3.38%
Working capital amount: NT$ -317,913,506 thousand
16. Broker and brokerage fee:
None.
17. Specific purpose or use of acquisition or disposal:
Long-term investment.
18. Opinions of dissenting directors regarding this transaction:
None.
19. Is this transaction a related party transaction: Yes.
20. Date of supervisor's approval or audit committee's consent:
The company does not have a supervisor or audit committee.
21. Whether the accountant issued an opinion of unreasonableness for this transaction: Not applicable.
22. Name of accounting firm:
Not applicable.
23. Name of accountant:
Not applicable.
24. Accountant's license number:
Not applicable.
25. Whether the business model has changed: No.
26. Explanation of business model change:
Not applicable.
27. Transaction situation with the counterparty in the past year and expected in the next year:
Not applicable.
28. Source of funds:
Own funds.
29. Date of previous announcement of material information on the same matter: Not applicable.
30. Other matters to be noted: None
Execustar International Limited; Ordinary shares
2. Date of fact occurrence: 2026/04/15 ~ 2026/04/15
3. Date of board of directors' approval: April 15, 2026
4. Date of other approval: Not applicable
5. Transaction quantity, price per unit, and total transaction amount:
Transaction quantity: 58,324,000 shares
Price per unit: USD 1
Total transaction amount: USD 58,324,000
6. Transaction counterparty and relationship with the company (if the counterparty is a natural person and not a related party, their name may be omitted):
Cash increase not applicable; Parent-subsidiary relationship
7. If the transaction counterparty is a related party, also announce the reason for selecting the related party as the transaction object and the owner of the previous transfer, the relationship between the owner of the previous transfer, the company, and the transaction counterparty, the date of the previous transfer, and the transfer amount:
Subsidiary cash increase; Not applicable
8. If the owner of the subject of the transaction has been a related party of the company within the last five years, the date and price of acquisition and disposal by the related party, and the relationship with the company at the time of the transaction should also be announced:
Not applicable
9. Matters related to the disposal of debt (including the type of collateral attached to the disposed debt, and if the disposed debt is to a related party, the name of the related party and the book amount of the debt disposed of from the related party):
Not applicable
10. Profit (or loss) from disposal (not applicable for acquisition of securities) (if originally deferred, explain the recognition status in a table):
Not applicable
11. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreed matters:
None.
12. Method of decision for this transaction, reference basis for price determination, and decision-making unit:
Decision-making unit: Board of Directors
13. Net asset value per share of the company whose securities are acquired or disposed of:
Not applicable.
14. To date, cumulative quantity, amount, shareholding ratio, and status of rights restriction (e.g., pledge status) of this transaction security (including this transaction):
Cumulative holding quantity: 1,568,768,011 shares
Cumulative holding amount: USD 1,568,768,011
Shareholding ratio: 100%
Status of rights restriction: None.
15. To date, according to Article 3 of the "Regulations Governing the Acquisition or Disposal of Assets by Publicly Offered Companies", the ratio of investment in securities (including this transaction) to the company's total assets and equity attributable to owners of the parent in the latest financial report, and the amount of working capital in the latest financial report (Note 2):
Ratio to total assets: 1.55%
Ratio to owner's equity: 3.38%
Working capital amount: NT$ -317,913,506 thousand
16. Broker and brokerage fee:
None.
17. Specific purpose or use of acquisition or disposal:
Long-term investment.
18. Opinions of dissenting directors regarding this transaction:
None.
19. Is this transaction a related party transaction: Yes.
20. Date of supervisor's approval or audit committee's consent:
The company does not have a supervisor or audit committee.
21. Whether the accountant issued an opinion of unreasonableness for this transaction: Not applicable.
22. Name of accounting firm:
Not applicable.
23. Name of accountant:
Not applicable.
24. Accountant's license number:
Not applicable.
25. Whether the business model has changed: No.
26. Explanation of business model change:
Not applicable.
27. Transaction situation with the counterparty in the past year and expected in the next year:
Not applicable.
28. Source of funds:
Own funds.
29. Date of previous announcement of material information on the same matter: Not applicable.
30. Other matters to be noted: None