Paiho Shih Holdings Corporation announced a private placement to issue 47,096,000 common shares at a issue price TWD 18 per share for a gross proceeds of TWD 847,728,000 on January 11, 2024. The transaction included participation from returning investor, Paiho Int'L Limited for 217,860 thousand common shares for Maximum amount of TWD 2,178,600,000. Post completion of transaction the investor holds stake not exceed 54.47%.

The board approval is obtained from the TAIWAN PAIHO LIMITED.