Jin Yutai Co., Ltd. announced a private placement of 30,000,000 common share at a price of TWD 10 per share for gross proceeds of $300,000,000 on September 30, 2022. The transaction included participation from a subsidiary of Hiyes International Co., Ltd. The transaction has been approved by the board of directors of Hiyes International Co., Ltd.
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- News Hi-Yes International Co., Ltd.
- Jin Yutai Co., Ltd. announced that it expects to receive TWD 300 million in funding from Hiyes International Co., Ltd.