FIH Mobile Boosts Vietnam Subsidiary with New Capital

FIH Mobile (HK:2038) has released an update.

FIH Mobile Limited has announced a voluntary third capital injection of approximately $42.36 million into its indirect wholly-owned subsidiary Fushan Technology in Vietnam, aiming to enhance Fushan’s working capital and support its manufacturing activities. Scheduled for August 2024, the investment will increase Fushan’s total contributed capital, supporting its production of a diverse range of electronic devices. The capital injection is not classified as a notifiable or connected transaction under the Hong Kong Stock Exchange rules.

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