Fulgent Sun International (Holding) Co., Ltd. (TSEC:9802) announced a private placement of 9,000,000 shares on April 30, 2020. The transaction will include participation from the company's employees for 1,500,000 shares and original shareholders for 7,500,000 shares. The company will issue share on a tentative price of NTD 70 per share for estimated gross proceeds of NTD 630,000,000 in the transaction. The par value of shares is NTD 100 per share. the transaction has been approved by the board of directors of the company.