International Nitto Technology Co., Ltd announced a private placement of 80,000,000 shares at a price of TWD 10 per share for gross proceeds of TWD 800,000,000 on November 4, 2022. The transaction will include participation from returning investor San Fu Chemical Co., Ltd to retain 100% stake. The transaction has been approved in the meeting of the board of directors.
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- News San Fu Chemical Co., Ltd.
- International Nitto Technology Co., Ltd announced that it expects to receive TWD 800 million in funding from San Fu Chemical Co., Ltd.