February 7, 2018 / 2:50 AM / 8 months ago

BRIEF-Hon Hai Precision Industry unit Foxconn (Far East) raises stake in HCM International to 100 pct

Feb 7 (Reuters) - Hon Hai Precision Industry Co Ltd :

* Says its unit Foxconn (Far East) Limited buys 18 million shares of HCM International Company for $18 million

* Its unit holds 100 percent stake(39.5 million shares)in target company after transaction

Source text in Chinese: goo.gl/FGvV7v

Further company coverage: (Beijing Headline News)

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