2014-05-29
Hon Hai Acquires 15% Stake In Asia Pacific Telecom For NTD11.64 Billion
Hon Hai Group submitted a filing to Taiwan Stock Exchange which revealed that its subsidiary Ambit Microsystems Corporation will invest NTD11.64 billion to buy newly issued shares of Asia Pacific Telecom, a Taiwanese telecom carrier. The company may implement a merger with the latter in the future. Hon Hai said in the filing that Asia […]