Hon Young Semiconductor Corporation announced a private placement of 69,930,000 shares at TWD 10 each per share for gross proceeds of TWD 699,300,000 on March 14, 2024. The transaction will include participation from returning investor Hon Hai Precision Industry Co., Ltd. The transaction has been approved by board of directors of the investor.
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- News Hon Hai Precision Industry Co., Ltd.
- Hon Young Semiconductor Corporation announced that it expects to receive TWD 699.3 million in funding from Hon Hai Precision Industry Co., Ltd.