Ching Feng Home Fashions Co. Ltd. (TSEC:9935) announced a private placement of 5,000 domestic convertible bonds at a price of TWD 100,000 per bond for gross proceeds of TWD 500,000,000 and 50,000,000 common shares on May 6, 2015. The shares have a par value of TWD 10 per share and the issue price has not been decided.

Out of the total shares to be issued, 10% of the shares will be issued to employees of the company. The bonds will be issued at par and will mature after a period of three years from the date of issue.