Hon Hai Precision Industry (HNHPF) has released an update.
Hon Hai Precision Industry Co. Ltd.’s subsidiary, Bon Shin International Investments, has successfully divested its entire stake in Advanced Optoelectronic Technology Inc, totaling 9,853,000 shares for a sum of NT$301,208,700. This transaction has led to a realized gain of NT$99,179,761, which will be recognized over the fiscal years 2023 and 2024. The disposal is part of an investment realization strategy, and following the sale, Bon Shin International Investments no longer holds any shares in the optoelectronic company.
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