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Foxconn plans to issue 880 million new shares for floating GDR

Ninelu Tu, Taipei; Joseph Tsai, DIGITIMES 0

Foxconn Electronics (Hon Hai Precision Industry) at its shareholders meeting on June 8, decided to issue 880 million new shares specifically for issuing global depositary receipts (GDR), with the funds to be used in the development of new technologies...

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