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Hon Hai Acquires Strategic Land for Operations

Hon Hai Acquires Strategic Land for Operations

Hon Hai Precision Industry (HNHPF) has released an update.

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Hon Hai Precision Industry has acquired land use rights in Chennai from its affiliate FIH India Developer Private Limited, totaling 94,494 square meters at a transaction cost of INR 649.2 million. The land will be used for operational purposes, with a rental agreement set for a decade starting December 2024.

For further insights into HNHPF stock, check out TipRanks’ Stock Analysis page.

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