Tah Tong Textile Co., Ltd. announced a private placement of 30,000,000 common shares on March 8, 2024. The transaction will include participation from Chen, Shiou-Chung for 3.61% stake, Chen, Chien-Choan for 4.37% stake, Yan Li-rong for 2.07% stake and Chen Jian-min for 1.74% stake. The transaction has been approved by the board of directors of the company.