Times Square Int'l Holding Co. announced a private placement of 31,000,000 common shares, par value TWD 10, at an issue price of TWD 10 per share for gross proceeds of TWD 310,000,000 on November 4, 2022. The transaction will involve participation from existing institutional investor, Prince Housing & Development Corp.

Post-closing, the investor will retain its 100% stake in the company. The transaction has been approved by the board of directors of the investor. The transaction has a payment date of November 9, 2022 to November 11, 2022.