Cadac Electronic Co. Ltd. (GTSM:5301) announced that it will receive funding on November 4, 2013. The company will issue upto 50,000,000 shares in the transaction. The company will determine terms of the transaction later.

On February 11, 2014, the company announced that it will issue 30,000,000 shares at TWD 20.5 per share for gross proceeds of TWD 615,000,000. The payment period is from February 18, 2014 to February 21, 2014.