Concord International Securities Co., Ltd announced a private placement of 32,670,000 common shares at a price of TWD 12.9 per share for the gross proceeds of TWD 421,443,000 on September 19, 2023. The transaction will include participation from existing shareholders for 27,225,000 and employees for 5,445,000. The transaction has been approved by the shareholders of the company.

The transaction is expected to close between October 25, 2023 to November 24, 2023.