Xin Chio Global Co., Ltd. (GTSM:3171) announced a private placement of 2,000 first series domestic secured convertible corporate bonds at TWD 100,000 per bond for gross proceeds of TWD 200,000,000 on August 13, 2014. Each bond to be issued has a par value of TWD 100,000. The bonds will have no interest rate and will mature in three years.

Capital Securities Corporation will act as underwriter to the company.