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HON HAI PRECISION (06088.HK) Fully Disposes of OWI Holdings, Expected to Record Income Up to USD9.7 Million
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HON HAI PRECISION (06088.HK) announced the full disposal of 1.25 million OWI Series A preferred shares and approximately 2.2619 million OWI Series B-1 preferred shares, with a total consideration not exceeding USD21.97 million, including a consideration of USD19.42 million and an escrow amount of up to USD2.55 million. The company expects to record other comprehensive income of up to USD9.7 million from the transaction. (ss/da) Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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