FuSheng Precision Co., Ltd. announced that it expects to receive TWD 15 billion in funding
December 21, 2021
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FuSheng Precision Co., Ltd. announced a private placement of zero coupon unsecured convertible corporate bonds for maximum gross proceeds of TWD 1,500,000,000 on December 22, 2021. The corporate bonds will have the maturity of three years. The corporate bonds will have a face value of TWD 100,000 and will be issued at 101% to 103% of par value. The corporate bonds are convertible into common shares of the company. The transaction has been approved by the board of directors of the company.
Fusheng Precision Co., Ltd. is mainly engaged in the manufacture of consumer goods of worldâs major brands. The Company is mainly engaged in the manufacture, processing, assembly and sale of various metal products, such as golf club heads and the assembly and trading of golf equipment, such as poles, grips and heads. The Company produces and distributes golf club heads through original equipment manufacturers (OEMs) and original design manufacturers (ODMs). The company's products are mainly exported to United States, Japan and other regions.
FUSHENG PRECISION CO., LTD. 
