Tigerair Taiwan Co., Ltd. (GTSM:6757) announced a private placement of 26,285,638 common shares at a price of TWD 25 per share for gross proceeds of TWD 657,140,950 on November 4, 2020. The transaction will include participation from existing investor China Airlines, Ltd. (TSEC:2610). The transaction has been approved by board of directors of the company.