Ta Ya Energy STORAGE Technology CO., Ltd announced that it expects to receive TWD 300 million in funding from Ta Ya Electric Wire & Cable Co., Ltd.

Ta Ya Energy STORAGE Technology CO., Ltd announced a placement of 30,000,000 common shares at an issue price of TWD 10 per share for gross proceeds of TWD 300,000,000 on November 7, 2023. The transaction will include participation from returning investor, Ta Ya Electric Wire & Cable Co., Ltd. for 30,000,000 shares. The transaction has been approved by the board of directors of Ta Ya Electric Wire & Cable Co., Ltd.