Ge-Shing Cooperation announced a private placement of 7,653,061 common shares at a price of TWD 196 per share for gross proceeds of TWD 1,499,999,956 on November 1, 2022. The transaction will include participation from returning investor Sigurd Microelectronics Corporation which holds 45.55% stake in the company. The transaction has been approved by the board of directors of the investor.
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- News Sigurd Microelectronics Corporation
- Ge-Shing Cooperation announced that it expects to receive TWD 1.499999956 billion in funding from Sigurd Microelectronics Corporation