Chi Hua Fitness Co., Ltd. (GTSM:1593) announced a private placement of 600 first series domestic unsecured convertible corporate bonds at a price of TWD 100,000 per bond for gross proceeds of TWD 60,000,000 on December 21, 2014. The bonds have a par value of TWD 100,000, maturity date of three years, and a fixed coupon rate 0%. Mega Securities Co., Ltd. will act as underwriter to the company.