Ligitek Electronics Co., Ltd. announced that it expects to receive TWD 16.50 million in funding.
October 28, 2014
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Ligitek Electronics Co., Ltd. (GTSM:8111) announced a private placement of 3,000,000 shares at a price of TWD 5.50 per share for gross proceeds of TWD 16,500,000 on October 29, 2014.
LIGITEK ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of light emitting diode (LED) products and solar energy products. The Company's products include conventional LEDs, super brighter LEDs, white light LEDs, infra-red LEDs, photo pin diodes, photo transistors, seven segment displays, dot matrix displays, backlight displays, LED arrays, LED lighting modules, solar cell modules and others. The Company's products are applied in computers and peripheral products, communication products, consumer products, home appliances, such as refrigerators and televisions, office equipment, such as fax machines and photocopiers, automobile industry, lighting equipment, outdoor and indoor display boards, as well as traffic signals. The Company distributes its products in domestic market and to overseas markets.