Brief: FIH Mobile Announces Capital Injection In Mobile Drive Netherlands B.V.

FIH Mobile

26/10/2021 13:21

Oct 26 (Reuters) - FIH Mobile Ltd  2038.HK :
    * WONDERFUL STARS PTE MADE A CAPITAL INJECTION IN MOBILE
DRIVE
NETHERLANDS B.V. IN AN AGGREGATE AMOUNT OF US$40 MILLION
    * CAPITAL INJECTION TO ENABLE MD NETHERLANDS TO ACQUIRE FROM
MOBILE DRIVE HOLDINGS LTD
    * CAPITAL INJECTION TO SUBSCRIBE FOR ADDITIONAL 33.8 MILLION
SHARES IN MD NETHERLANDS
    * MD NETHERLANDS TO ACQUIRE MOBILE DRIVE TECHNOLOGY FOR
US$36.1
MILLION
    * POST CAPITAL INJECTION & ACQUISITION, MD TAIWAN WILL
BECOME A
UNIT OF MD NETHERLANDS

Further company coverage:  2038.HK 

 ((Reuters.Briefs@thomsonreuters.com;))