Zhong Yang Technology Co., Ltd. announced that it expects to receive TWD 500 million in funding
November 10, 2021
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Zhong Yang Technology Co., Ltd. announced a private placement of 3rd Unsecured Convertible Bonds at face value of TWD 100,000 for the gross proceeds of TWD 500,000,000 on November 11, 2021. The issuance price is 100%~101% of the face value. The issuance period if of 3 years. The underwriting method is Book building method. the relevant regulations and the details will be announced after getting approval from the securities competent authority.
Zhong Yang Technology Co., Ltd. is a Taiwan-based company mainly engaged in the manufacture of mould. The Company mainly operates mould manufacturing business, other electrical and electronic machinery manufacturing business, steel foundry business, steel materials secondary processing business, metal structure and building components manufacturing and the retail of hardware. The mould product consists of mould base and mould core, mainly used in the produce of mobile phone lenses, mirror room, car lenses and others. Mould core is the core components of the mould and is used in plastic molding for wear and tear replacement.
ZHONG YANG TECHNOLOGY CO.,LTD 
