Mega Biotech & Electronics Co., Ltd. (GTSM:4415.TWO) announced a private placement of 92,269,109 common shares on December 2, 2013. The issue price is not determined.

On March 24, 2014, the company announced that it will issue 30,000,000 shares at TWD 2.5 per share for gross proceeds of TWD 75,000,000. The price per share is tentative.

On April 7, 2014, the company announced that it has issued the shares to seven individuals.

On April 21, 2014, Mega Biotech & Electronics Co., Ltd. cancelled the transaction.