Coland Holdings Limited (TSEC:4144) announced a private placement of 13,500,000 common shares of par value TWD 10 at an issue price of TWD 30 per share for gross proceeds of TWD 405,000,000 on August 20, 2018. The company will issue 1,500,000 shares to employees and 12,000,000 shares to existing shareholders in the transaction. The transaction has been approved by Financial Supervisory Commission R.O.C (Taiwan) and the board of directors of the company.