FIT HON TENG's Singapore Unit to Capitalize Distributable Profits of Huai'an Subsidiary

Stock News
03/31

FIT HON TENG (06088) announced that its direct wholly-owned subsidiary, Foxconn Interconnect Technology Singapore Pte. Ltd., will convert $15 million in distributable profits from its direct wholly-owned subsidiary, Fu Yu Electronic Technology (Huai'an) Co., Ltd., into paid-in capital. This transaction is subject to approval from the relevant authorities.

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