Foxconn Trading to be Suspended Wednesday Due to ‘Major Announcement’

The Taiwan Stock Exchange will suspend shares of Hon Hai Precision Industry Co (Foxconn) from trading on Wednesday due to a “major announcement”, reports Reuters.It said that along with Hon Hai, which goes by the trade name Foxconn, trading will also be halted in shares of affiliate Foxconn Technology Co (2354.TW). A trading halt is customary for listed companies in Taiwan ahead of announcements which may affect trading.Hon Hai is holding a board meeting and Wednesday and is expected to announce the acquisition of Sharp.Share Article:Facebook,   Twitter,   LinkedIn,   Google Plus,   Email,   Reddit,   Digg,   Delicious,   StumbleUponFollow iClarified:Facebook,   Twitter,   LinkedIn,   Google Plus,   Newsletter,   App Store,   YouTubeAdvertise Here

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