Syncmold Enterprise Corp. announced a private placement of minimum 12,000 of series 3 unsecured convertible corporate bonds to a maximum 12,120 of series 3 unsecured convertible corporate bonds at a minimum price 100,000 per bond to a maximum price of TWD 101,000 per bond for gross proceeds of TWD 1,212,000,000 on May 5, 2021. The bonds carry zero coupon and are being issued for a period of 3 years.

The transaction has been approved by the board of directors of the company.