Mega Biotech & Electronics Co., Ltd. announced that it has cancelled the transaction announced on December 2, 2013.
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.