Brief: Foxconn Interconnect Technology Announces Disposal Of Stake In Joint Venture
06/12/2022 08:38
Dec 6 (Reuters) - Foxconn Interconnect Technology Ltd
6088.HK :
* DISPOSAL OF EQUITY INTEREST IN JOINT VENTURE
* UNITS ENTERED SHARE TRANSFER AGREEMENT
* EXPECTED THAT CO WOULD RECORD GAIN OF US$5 MILLION UPON
CLOSING
* UNITS CONDITIONALLY AGREED TO SELL 51% STAKE IN FIT
ELECTRONICS
DEVICE
* DISPOSAL OF EQUITY INTEREST IN JV FOR $14.4 MILLION
Source text for Eikon: ID:nHKSb3gW5w
Further company coverage: 6088.HK
((Reuters.Briefs@thomsonreuters.com;))
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