Hon Hai Precision Industry (HNHPF) has released an update.
Hon Hai Precision Industry Co. Ltd.’s subsidiary, Icreate Investments Limited, has announced the sale of its holdings in Credo Technology Group Holding Ltd, totaling 1,474,052 shares which represents 0.8% ownership. The financial details, including the average sale price per share and the gain or loss from the sale, will be disclosed post-transaction. This strategic move is aimed at investment realization, with the transaction being part of the company’s broader securities investment portfolio, which accounts for 1.76% of total assets and 4.05% of owners’ equity.
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