Asia
HD Renewable Energy Plans Private Placement of Up to 15 Million Shares
HD Renewable Energy (TPE:6873) plans to undertake a private placement of up to 15 million shares, according to a Friday Taiwan Exchange filing.The placement will be offered to selected investors to be identified later, according to a Friday Taiwan Exchange filing.The issue price will be set at no less than 80% of a benchmark market price, subject to shareholder approval, it said.Proceeds will be used to bolster working capital, improve efficiency, and enhance competitiveness, while reinforcing the group's financial structure.
TPE:6873
