What is the name of the target object involved in this transaction?

The target object involved in the transaction is Execustar International Limited.

When did the board of directors approve this transaction?

The board of directors approved this transaction on April 15, 2026.

How many shares were acquired in this transaction?

A total of 58,324,000 ordinary shares were acquired in this transaction.

What was the total transaction amount for this acquisition?

The total transaction amount for this acquisition was USD 58,324,000.

What is the price per unit for the target shares in this transaction?

The price per unit for the target shares is USD 1 in this transaction.

AI News NQ Analysis

Foxconn: FIH Mobile Limited Announces Acquisition of Execustar International Limited Shares

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AI Summary (NQ-processed)

Foxconn's affiliate FIH Mobile Limited has acquired 58,324,000 ordinary shares of Execustar International Limited for USD 1 per share, totaling USD 58,324,000. This is intended as a long-term investment, securing FIH Mobile Limited's 100% ownership of Execustar International Limited.

AI Analysis

Frequently Asked Questions

Q: What is the name of the target object involved in this transaction?: A: The target object involved in the transaction is Execustar International Limited.
Q: When did the board of directors approve this transaction?: A: The board of directors approved this transaction on April 15, 2026.
Q: How many shares were acquired in this transaction?: A: A total of 58,324,000 ordinary shares were acquired in this transaction.
Q: What was the total transaction amount for this acquisition?: A: The total transaction amount for this acquisition was USD 58,324,000.
Q: What is the price per unit for the target shares in this transaction?: A: The price per unit for the target shares is USD 1 in this transaction.