Tatung Fine Chemicals Co., Ltd. (GTSM:4738) announced a private placement of 15,000,000 common shares on May 8, 2014. The shares have a par value of TWD 10 per share and issue price is yet to be decided. The transaction will include participation from employees of the company for 10-15% of the shares. The remaining terms of the transaction were not disclosed.

On May 18, 2015, Tatung Fine Chemicals Co., Ltd. cancelled the transaction.