Eternal Nanyang Investment Co., Ltd. announced that it expects to receive $9.9 million in funding from Eternal Materials Co., Ltd.
November 10, 2022
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Eternal Nanyang Investment Co., Ltd. announced a private placement of common shares for gross proceeds of $9,900,000 on November 11, 2022. The transaction will include participation from existing investor, Eternal Materials Co., Ltd. The transaction has been approved by the board of directors .
Eternal Materials Co Ltd is a Taiwan-based company principally engaged in the manufacture and sales of synthetic resins. The Company is also engaged in the manufacture of electronic chemical materials and special chemicals. The Company's products portfolio consists of general purpose resins, polyester resins, coating resins, special chemicals, circuit substrates, dry film photo resists, liquid crystal display (LCD) optical films, solar battery conductive adhesives, as well as silica gel materials for light emitting diode (LED) packaging and others. The Company's products are mainly applied in energy and public utilities, transportation industries, construction and furniture industries, electronics and motors, disposable consumer products, packaging and printing, healthcare and metal machinery. The Company distributes its products mainly in Taiwan, Mainland China and other markets.
ETERNAL MATERIALS CO., LTD. 
