Farglory Free Trade Zone Investment Holding Co., Ltd. announced a private placement to issue 78,900,000 common shares at an issue price of TWD 10 per share for the gross proceeds of TWD 789,000,000 on may 8, 2024. The transaction has been approved shareholders of the company. The transaction is now expected to close from May 16, 2024 to May 26, 2024.