ShineMore Technology Materials Co., Ltd. announced that it expects to receive TWD 50.22 million in funding from Daito Me Holdings Co., Ltd
January 19, 2021
Share
ShineMore Technology Materials Co., Ltd. (GTSM:8291) announced that a private placement of 9,300,000 shares at a price of TWD 5.4 per share for gross proceeds of TWD 50,220,000 on January 20, 2021. The transaction will include participation from returning investor Daito Me Holdings Co., Ltd (GTSM:8455). The transaction was approved by board of directors of the investor.
Daito Me Holdings Co., Ltd is a Cayman Islands-based company engaged in the wholesale business of electrical and electronic parts, the automation business of industrial management, and the embedded personal computer (PC) business of industrial use. In addition, the Company integrates the supply chain, with manufacturing as the center, and provides complete upstream and downstream industry chain manufacturing services. The Company provides its products to the automotive industry, the industrial machinery industry, and other industries. Its product range includes central processing unit (CPU) motherboards, control machine components, servo motors, power supplies, connectors and others. It provides industrial PC (i-PC) products; open frames, which is a designed frame structure according to customer requirements; motherboard forms, including visual inspection, performance inspection and other for a range of services according to customer requirements.
DAITO ME HOLDINGS CO., LTD 
