Chi Mei Electric turned to Kai Yao to raise funds to expand LED backlight

Recently, in order to develop LED backlights, Chi Mei Electric (3481) transferred investment to Qi Yao to complete a cash increase to raise NT$1 billion and will expand production.

The total number of shares issued was 60 million shares, and the issue price per share was 17 yuan. A total of 1 billion yuan was raised. The current share capital increased from 1.4 billion yuan to 2 billion yuan. Among them, the proportion of major shareholder subscriptions reached 90%, and CMI was able to obtain a total of 25.19 million shares.

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SHENZHEN KEHEI LIGHTING TECHNOLOGY CO.LTD , http://www.keheiled.com

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