Subsidiary Foxconn (Far East) Limited - Cayman Board Approves In-Kind Capital Reduction
Original: 代重要子公司Foxconn (Far East) Limited - Cayman公告 董事會決議實物減資
Summary
Hon Hai announced on behalf of its key subsidiary Foxconn (Far East) Limited - Cayman that its board has resolved to carry out a capital reduction distributed in-kind (non-cash assets) rather than cash. This is a notable capital restructuring at a major subsidiary that may affect group asset allocation and intercompany holdings. Full body available on MOPS.
Full Translation
On behalf of important subsidiary Foxconn (Far East) Limited - Cayman: Announcement that the Board of Directors has resolved an in-kind capital reduction (返還實物 / distribution of assets in lieu of cash to shareholders as part of a capital reduction). [Body not available — subject line only. See MOPS for full announcement.]