Foxconn's Unit Disposes of Shares in Figure Technology Solutions

MT Newswires Live
09/25

Hon Hai Precision Industry or Foxconn's (TPE:2317) subsidiary, HCM International, disposed of 2.6 million common shares in Figure Technology Solutions, according to a Thursday filing with the Taiwan Exchange.

The total monetary amount of the transaction will be calculated based on the actual disposal price in a separate disclosure.

Prior to the disposal, the unit had a 1.18% stake in Figure Technology.

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