Foxconn, a subsidiary of Taiwan-based Hon Hai Precision Industry, plans to invest $407.2 million in its subsidiary Foxconn Singapore Pte. Ltd. by acquiring common shares.
Foxconn stated that the deal involves roughly 524.4 million common shares priced at SGD1 each in a filing with the Taiwan Stock Exchange (TWSE) on Thursday.
The filing states that “long term investment” is the reason for the relocation. Private capital is the source of funding.
After the deal, Foxconn will have a 100% stake in Foxconn Singapore, with a total of over 8.63 billion shares and a cumulative monetary value of roughly $6.54 billion.
Foxconn Singapore functions as an investment holding company, per Foxconn’s 2025 consolidated financial statements. It is a key intermediate holding and trading hub for Foxconn.
Foxconn Singapore is the company that manages Foxconn’s investments in Vietnam, including two $550 million projects in Quang Ninh province with investment certificates awarded in July 2024, a $293 million project in Bac Ninh province with Fukang Technology, and a $383 million project in FCPV Foxconn Bac Ninh in June 2024.
