Bai-Yang Investment Holdings Corp announced that it will issue 450,000,000 common shares at an issue price of TWD 10 per share for gross proceeds of TWD 4,500,000,000 on November 10, 2023. The transaction will include participation from returning investor, Far Eastern Department Stores, Ltd. to retain 100% stake. The transaction has been approved by the board of directors of the investor.
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- News Far Eastern Department Stores, Ltd.
- Bai-Yang Investment Holdings Corp announced that it expects to receive TWD 4.5 billion in funding from Far Eastern Department Stores, Ltd.