Latest news with #Luen Fung Commercial Holdings
CNA
22-07-2025
- Business
- CNA
Apple supplier Goertek to buy Luen Fung Commercial's units for $1.3 billion
BEIJING :Apple supplier Goertek Inc said on Tuesday it plans to buy two units of Hong Kong's Luen Fung Commercial Holdings for about combined HK$10.4 billion ($1.32 billion). The acquisition of Mega Precision Technology and Channel Well Industrial would help Goertek strengthen competitiveness in the field of precision structural components, the company said in a Shenzhen stock exchange filing. ($1 = 7.8499 Hong Kong dollars)
Yahoo
22-07-2025
- Business
- Yahoo
Apple supplier Goertek to buy Luen Fung Commercial's units for $1.3 billion
BEIJING (Reuters) -Apple supplier Goertek Inc said on Tuesday it plans to buy two units of Hong Kong's Luen Fung Commercial Holdings for about combined HK$10.4 billion ($1.32 billion). The acquisition of Mega Precision Technology and Channel Well Industrial would help Goertek strengthen competitiveness in the field of precision structural components, the company said in a Shenzhen stock exchange filing. ($1 = 7.8499 Hong Kong dollars) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
22-07-2025
- Business
- Reuters
Apple supplier Goertek to buy Luen Fung Commercial's units for $1.3 billion
BEIJING, July 22 (Reuters) - Apple (AAPL.O), opens new tab supplier Goertek Inc ( opens new tab said on Tuesday it plans to buy two units of Hong Kong's Luen Fung Commercial Holdings for about combined HK$10.4 billion ($1.32 billion). The acquisition of Mega Precision Technology and Channel Well Industrial would help Goertek strengthen competitiveness in the field of precision structural components, the company said in a Shenzhen stock exchange filing. ($1 = 7.8499 Hong Kong dollars)
