Rossmax International Ltd. (GTSM: 4121) announced a private placement of 5,400,000 shares on October 5, 2020. The transaction will include participation from the company's employees for 60,000 shares and original shareholders for 4,800,000 shares. The par value of shares is NTD 10 per share. The transaction has been approved by the board of directors of the company and Financial Supervisory Commission. The transaction is expected to close on December 4, 2020.