[Hon Hai] Announcement of Acquisition of Shares in Foxconn Singapore Pte Ltd
Key facts
- [Hon Hai] Announcement of Acquisition of Shares in Foxconn Singapore Pte Ltd
- Source: PR Times
- Date: May 14, 2026
Direct answer
Hon Hai Precision Industry Co., Ltd. announced the acquisition of shares in its subsidiary, Foxconn Singapore Pte Ltd, for long-term investment. The board of directors approved the cash capital increase to acquire approximately 524 million shares at SGD 1 per share, totaling USD 407.2 million. The transaction is a related-party transaction. After the capital increase, Hon Hai will retain 100% ownership of the subsidiary with a total holding value of over USD 6.53 billion.
- Citation
- [Hon Hai] Announcement of Acquisition of Shares in Foxconn Singapore Pte Ltd (May 14, 2026), PR Times
- Source
- PR Times
- Date
- May 14, 2026
📋 Article Processing Timeline
- 📰 Published: May 14, 2026 at 09:00
- 🔍 Collected: May 15, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 15, 2026 at 08:02 (2 min after Collected)
FAQ
What are the key facts in this article?
Hon Hai Precision Industry Co., Ltd. announced the acquisition of shares in its subsidiary, Foxconn Singapore Pte Ltd, for long-term investment. The board of directors approved the cash capital increase to acquire approximately 524 million shares at SGD 1 per share, totaling USD 407.2 million. The transaction is a related-party transaction. After the capital increase, Hon Hai will retain 100% ownership of the subsidiary with a total holding value of over USD 6.53 billion.
What is the direct answer?
Hon Hai Precision Industry Co., Ltd. announced the acquisition of shares in its subsidiary, Foxconn Singapore Pte Ltd, for long-term investment. The board of directors approved the cash capital increase to acquire approximately 524 million shares at SGD 1 per share, totaling USD 407.2 million. The transaction is a related-party transaction. After the capital increase, Hon Hai will retain 100% ownership of the subsidiary with a total holding value of over USD 6.53 billion.
What is the source and date?
PR Times: https://mops.twse.com.tw/material/twse-2317-2026-05-14-a9df18c6 | May 14, 2026