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Can Mixed Fundamentals Have A Negative Impact on FIT Hon Teng Limited (HKG:6088) Current Share Price Momentum?
FIT Hon Teng's (HKG:6088) stock is up by a considerable 75% over the past three months. However, we decided to pay attention to the company's fundamentals which don't appear to give a clear sign
FIT Hon Teng Unit to Buy Assets of Automotive Electric Energy Distribution System Firm
Electrical component manufacturer FIT Hon Teng's (HKG:6088) unit FIT Voltaira Autokabel Gruppe will purchase all assets of AK Group for 72.5 million euros, subject to certain adjustments, a Thursday
FIT Hon Teng Limited Announces Major Acquisition
Fit Hon Teng (06088) plans to acquire Auto-Kabel Group's assets for 72.5 million euros through the Hong Kong stock connect program.
Hongteng Precision (06088) announced that it has entered into a purchase agreement with FIT GmbH, FIT Voltaira and each seller to acquire the target assets of Auto-Kabel Group (AK Group). The proposed transaction price will be 72.5 million euros (subject to adjustments, if applicable, upon completion of the transaction). The announcement stated that AK Group has decades of experience in the automotive industry and is a leader in innovation of high-voltage power distribution systems for automobiles, providing custom, highly flexible and best-matching products and solutions for automotive OEMs, covering cables, high-voltage connectors, fuses.
FIT Hon Teng (06088) subsidiary plans to acquire the target assets of AK Group.
FIT HON TENG (06088) announced that on July 10, 2024 and...
Express News | Foxconn Interconnect Technology - Consideration for Transactions Shall Be EUR72.5 Mln
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